SatCon Wins Naval Propulsion Motor Technology SBIR Contract

  
    
  
  
    
      SatCon Technology Corporation® (Nasdaq CM: 
      SATC), a developer and supplier of power management and system 
      architecture solutions for the alternative energy and distributed power 
      markets, today announced that it has been awarded a Phase I Small 
      Business Innovative Research (SBIR) contract with the U. S. Navy to 
      develop insulation technology for advanced propulsion motor designs for 
      future “all–electric” 
      ships.
    
    
      New motor winding insulation techniques are necessary to balance the 
      increasing voltage and thermal stresses associated with the drive to 
      higher power application of pulse width modulation (PWM) driven electric 
      machinery, particularly with permanent magnet machinery. As a result of 
      this research, the Company expects to develop new motor design solutions 
      that will enable higher power density, affordable manufacturing 
      capability, and increased reliability compared with current practices.
    
    
      SatCon has been a leader in technology development and solutions for the 
      advanced electric machinery market for the past 20 years. This award 
      underscores the Company’s motor design 
      capabilities and is expected to yield advanced motor insulation 
      solutions for multi-megawatt propulsion scale electric machinery.
    
    
      The results of this research will have direct commercial applicability 
      to SatCon’s electric drive and generation 
      systems for the alternative energy market wherever power density and 
      efficiency of the electromechanical power conversion process is a key 
      driver. This includes hybrid and electric vehicle traction drives, 
      mobile generator sets, and aerospace electric propulsion and power 
      generation systems.
    
    
      SatCon’s President & Chief Executive Officer, 
      David Eisenhaure, stated "SatCon continues to push the state of the art 
      in electric power conversion technology, and this development effort is 
      expected to deliver power density improvements across the range of our 
      machinery products.”
    
    
      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)
    
    
      Statements made in this document that are not historical facts or 
      which apply prospectively are forward-looking statements that involve 
      risks and uncertainties. These forward-looking statements are 
      identified by the use of terms and phrases such as “will,” 
      “intends,” “believes,” 
      “expects,” “plans,” 
      “anticipates” and 
      similar expressions. Investors should not rely on forward looking 
      statements because they are subject to a variety of risks and 
      uncertainties and other factors that could cause actual results to 
      differ materially from the Company’s 
      expectation. Additional information concerning risk factors is 
      contained from time to time in the Company’s 
      SEC filings. The Company expressly disclaims any obligation to 
      update the information contained in this release.