Inflation, Investing and Everything
Lockheed Martin has signed an exclusive international rights agreement to integrate and market Electrical Energy Storage Units (EESU) from EEStor, Inc., for military and homeland security applications. The EESU is a new high-power-density ceramic ultracapacitor that EESTOR says could provide 10 times the energy density of lead acid batteries at 1/10th the weight and volume. As envisioned, EESUs will be half the price per stored watt-hour than traditional battery technologies.
Excerpted from an interview transcript :
Lockheed Martin builds fighter jets and military equipment?
And missiles, rockets, ground equipment, vehicles, and systems sensors. Obviously everything that requires power to operate. Power is becoming a sticking point or burden to the warfighter and that's one of the things were focused on is coming up with solutions that make the warfighter's job easier and more efficient.
Are you looking to develop portable energy storage for the battlefield?
Yes there are opportunities not only to help in the area of relieving some of the dependence on fuel as energy. Also to increase the value of some of the renewable energy initiatives that are going on right now. Energy storage increase the value of these types of power generation technologies. EEStor's technology can help in that area.
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