SAN DIEGO, Calif. — The San Diego battery industry consultant PlugVolt LLC will hold its 2017 Battery Seminar July 18-20 at the Hilton Garden Inn Ann Arbor, 1401 Briarwood Circle.
The event will feature experts from automotive and grid power storage manufacturers, industry suppliers, and battery manufacturers.
ANN ARBOR — The Ann Arbor defense and security products developer Arotech Corp. (Nasdaq: ARTX) said it has received a $720,000 grant from Israel’s Office of the Chief Scientist toward research and development for its grid storage flow battery system.
The company said the grant will cover 40 percent of the planned R&D budget for the system in 2016.
Arotech’s iron-iron flow battery is intended to create an affordable technology that delivers a reliable on-demand supply of stored energy that accommodates the highly variable nature of renewable energy sources, acts as a back-up during power disruptions and also as a load-leveler for conventional power sources balancing between supply and demand.
HOLLAND — The Holland plant of Korean battery manufacturer LG Chem says it has doubled its workforce to more than 300 employees since its first commercial shipments of automotive batteries 23 months ago.
LG Chem and General Motors also announced this week a partnership across multiple GM lines for hybrid and electric vehicles.
SOUTHFIELD — Two Detroit-area transportation technology companies said they’d be unveiling new hardware and details on one of the world’s most advanced cars at the 2015 SAE World Congress, to be held April 21-23 at Cobo Center in Detroit.
ANN ARBOR — The Ann Arbor defense and security technology developer Arotech Corp. (Nasdaq: ARTX) Monday reported revenue of $27.8 million in the second quarter ended June 30, up 24 percent from $22.4 million in the same quarter a year earlier.
Net income was $1.8 million, or 9 cents a share, up from $1.5 million or 10 cents a share a year earlier.
TechCentury.com 