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Optimal Energy Systems Receives Contract From SAIC for Flywheel Technology

High speed tests of the Optimal Flywheel confirm that the growth-matching is constant even as the flywheel continues to spin faster, virtually assuring that the composite matrix remains intact at even super high speeds (more than 3X the speed of sound). This has allowed the Company to produce flywheel prototypes that have stored more energy for a given weight and size than other flywheel in the world, or more than 900 W-hr of energy in a 24-lb flywheel.

Torrance - Feb 18, 2002
Optimal Energy Systems Inc. has been awarded a contract by Science Applications International Corporation (SAIC) to provide flywheel technology for the Combat Hybrid Power System.

Under the contract, Optimal will provide a prototype Flywheel Power Module for a military vehicle system. Delivery is scheduled for July 2002.

"This military vehicle contract is an important milestone in our progress towards establishing our Flywheel Power Module in the government markets," said Dr. Dwight Swett, Optimal president.

"The prototype contract is significant to our business strategy since it has the potential to leverage into multiple Combat Hybrid Power System applications."

The Combat Hybrid Power System program will develop enabling technologies and conduct demonstrations of an integrated hybrid electric power system to provide power and energy management for all of the electric subsystems throughout future combat vehicles.

Hybrid electric power is an essential enabling technology for future combat vehicles given the number of electrically powered subsystems planned for implementation. The program transitioned to the U.S. Army in 2001, and the technologies developed will play a key role in the Future Combat Systems program.

The value of the SAIC contract was not disclosed.

Optimal Energy Systems is a new-technology enterprise with a patented energy management and power conversion technology that can be applied to military pulse energy systems, electrical back-up power supplies (Uninterruptible Power Systems), aviation and industrial high-speed power conversion systems, and space satellite energy storage and attitude control systems. Company offices and laboratory facilities are located in Torrance, Calif.

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