SatCon Awarded $2.5M Phase 2 Contract for Pulse Power Energy Storage and Delivery System

  
    
  
  
    
      SatCon Technology Corporation® (Nasdaq CM: 
      SATC), a developer of power management and system architecture solutions 
      for the alternative energy and distributed power markets, today 
      announced that its SatCon Applied Technology division has been awarded 
      an additional $2.5M contract with a California customer for the next 
      phase of pulse power equipment capable of providing 8.8 megawatts of 
      power for several seconds. The total system will have pulse power 
      capabilities in excess of 18 megawatts. Delivery of the first stage is 
      scheduled for June 2007 and this new Stage 2 delivery is scheduled for 
      October 2007. This pulse power application is an adaptation of SatCon’s 
      high power electronics and flywheel energy storage products.
    
    
      SatCon’s Chief Executive Officer, Dave 
      Eisenhaure, stated, "SatCon is pleased to be participating in this pulse 
      power program. This contract supports leadership in supplying power 
      conversion and energy storage products. These types of programs allow 
      customers to draw low levels of power from the grid and then supply 
      large pulses of power for unique applications.”
    
    
      The award expands on SatCon’s portfolio of 
      power electronics products with the development of an integrated pulse 
      power energy storage system. This technology has direct applicability to 
      both civilian and government customers.
    
    
      About SatCon Technology Corporation
    
    
      SatCon Technology Corporation is a developer and manufacturer of 
      electronics and generators/motors for the Renewable Energy, 
      Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and 
      Advanced Power Technology markets. For further information, please visit 
      the SatCon website at www.satcon.com. 
      SATC-G
    
    
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