$750,000 Phase II Small Business Innovation Research

UQM Technologies, a developer of alternative energy technologies, has received orders from military customers totaling $2.77 million for propulsion systems, generators and funded engineering activities. The most recent order is a $750,000 Phase II Small Business Innovation Research contract from the U.S. Navy to develop a high torque electro-magnetic actuator system. The focus of this two-year effort will be to improve the torque capability of electric motors through the use of advanced materials research and the company’s proprietary magnet architecture. The Company will also collaborate with the University of Texas to develop an advanced gearbox as part of the development effort.