Aura Systems, Inc., a technology company headquartered in El Segundo, California, specializing in axial flux induction machines applications for mobile power generation and electric motors, recently announced that the company has received over $1.1 million in additional military orders.
These two new orders for the VIPER mobile power solution consist of approximately 36 dual systems in a new release for the United States Coast Guard and approximately 110 systems for the Korean army. The U.S. Coast Guard recently increased their order to over 200 patrol boats, bringing the total order to 66 or 132 VIPERS. The Korean army release brings the total systems released to date to 300.
Melvin Gagerman, Aura System’s chief executive officer, stated, “The new releases from existing customers are the best testimonial as to the excellent attributes of the VIPER mobile power solution.” He concluded, “We are currently also working on a number of other projects for the U.S military that could potentially result in very significant business for many years.”
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment