Breakout Watch -------- QTWW
Vincent
Quantum Fuel Systems Technologies Worldwide, Inc. (Quantum) is a fully
integrated alternative energy company, and a player in the development and
production of propulsion systems, energy storage technologies, and
alternative fuel vehicles. The Company's portfolio of technologies include
electronic controls, hybrid electric drive systems, hydrogen storage and
metering systems, and alternative fuel technologies that enable fuel
efficient, low emission hybrid, plug-in electric hybrid, fuel cell and
alternative fuel vehicles. On January 16, 2008, the Company completed a
series of transactions that resulted in the disposal of substantially all
the assets of the Tecstar Automotive Group business segment. Prior to the
disposal, the Tecstar Automotive Group business segment comprised all of the
business activities of Tecstar Automotive Group, Inc. and its subsidiaries.
On January 4, 2008, Quantum acquired a 24.9% ownership interest in asola
Advanced and Automotive Solar Systems GmbH.
ausound
news:Q8SOm.53342$Db2.18206@edtnps83:
not only does the chart look good
like it's going to move above it's 2 year moving average and perhaps pass
it's 3 year line at about $1.80
I found this news item
Quantum Ships Diesel Hybrid Vehicles to the U.S. Army
PR Newswire(Mon, Nov 9)
IRVINE, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Quantum Fuel Systems
Technologies Worldwide, Inc. (Nasdaq: QTWW - News) today announced that
it is developing and shipping diesel hybrid vehicles to the U.S. Army's
Tank Automotive Research, Development and Engineering Center (TARDEC)
National Automotive Center (NAC), with funding support through the U.S.
Special Operations Command (USSOCOM), and project administration through
Alion. Quantum developed the Clandestine Extended Range Vehicle (CERV),
which is a diesel hybrid electric vehicle targeted for quick-paced
special operations-type missions involving reconnaissance, surveillance,
and targeting.
Related Quotes
Symbol Price Change
QTWW 1.34 +0.04
{"s" : "qtww","k" : "c10,l10,p20,t10","o" : "","j" : ""} The CERV design
incorporates Quantum Q-Force, which is a new proprietary, advanced all-
wheel-drive diesel hybrid electric powertrain. Quantum designed a unique
purpose-built light-weight chassis, integrated the Q-Force diesel hybrid
electric powertrain, performed a series of vehicle performance and safety
tests and successfully built a total of six (6) hybrid vehicles as part
of this program. This unique vehicle has a torque rating that exceeds
5,000 foot-pounds, can maintain a speed of 80 miles per hour, and ascend
60 percent grades. The Q-Force hybrid powertrain is capable of reducing
fuel consumption by up to 25 percent compared with a conventional
vehicle, helping to significantly reduce the carbon footprint. CERV is
up-fitted with a unique weapons ring that Quantum designed to enable
higher fire power for this high performance, versatile platform.
"The CERV program follows previous successful contracts with the U.S.
Army, wherein Quantum designed and developed from the ground up, and
demonstrated the Aggressor, a high performance light-duty off-road hybrid
electric vehicle," commented Alan P. Niedzwiecki, the President and CEO
of Quantum. "I am excited about our next generation diesel hybrid
powertrain technologies and our new military special operations vehicle
that is well-positioned to create another highly fuel-efficient and
powerful platform that improves the military's tactical capabilities. We
believe that the CERV program offers innovative solutions to meet the
mission of the national defense effort, while reducing the fuel logistic
burden. We acknowledge the support from TARDEC National Automotive Center
for the success of this program."
In 2008 Quantum introduced a gasoline plug-in-hybrid drive known as the
'Q-Drive' in the Fisker KARMA 4-door sports sedan. Fisker Automotive, the
"Green American" car company that was co-founded by Quantum and Henrik
Fisker, was awarded a $528.7 million loan by the U.S. Department of
Energy to develop and manufacture plug-in hybrid vehicles, including the
Fisker Karma. In related news, on October 27, 2009, Vice President Joe
Biden announced that Fisker Automotive is re-opening a 3.2 million square
foot former GM factory in Delaware to mass-produce plug-in hybrid
vehicles.
Vincent
Thanks for the news, I honestly donno exactly what they are doing but feel
much better now after I read your attached news. You know me, I am in for
the good time,not a long time. Now I may hold it a little bit longer. Thanks
again.
Vincent
"ausound" <aus...@spambog.com> wrote in message
news:Xns9CCD6A9BC110A...@216.168.3.70...