ROSWELL, Ga., July 17, 2012 /PRNewswire/ -- GS Yuasa Lithium Power, Inc. (GYLP) announced today that it has been awarded a follow-on order by Orbital Sciences Corporation (NYSE: ORB) to deliver batteries to be used aboard the Cygnus™ cargo logistics spacecraft supporting NASA's Commercial Resupply Services (CRS) program for the International Space Station. The order from Orbital is for battery sets for Cygnus spacecraft that will carry out missions 4 through 8 of the CRS contract. In 2011 GYLP successfully completed deliveries of batteries in support of the initial demonstration mission and CRS missions 1 – 3.
"GS Yuasa has successfully completed the deliveries for the demonstration mission and the first three CRS missions. This follow-on award demonstrates Orbital's confidence in our ability to deliver highly reliable battery systems, meet program milestones and support a long-term program," said William Moll, GYLP president. "GYLP looks forward to continuing to work with Orbital in support of the CRS program."
GS Yuasa's lithium ion batteries provide a low mass and highly reliable solution to power Orbital's Cygnus™ advanced maneuvering space vehicle.The batteries will be assembled and tested at GYLP's Roswell, GA facility and use GS Yuasa's space qualified LSE190 rechargeable lithium ion cells. The initial battery delivery for this order will be in the fourth quarter of this year with additional deliveries through 2014. GS Yuasa is a world leader in lithium ion batteries used in the aerospace market with more than 1,100,000 watt-hours of LSE cells orbited.
GS Yuasa Lithium Power GS Yuasa is one of the world's leading battery manufacturers for automotive, telecom, and industrial applications and has produced commercial lead acid batteries for more than one hundred years. GS Yuasa manufactures a variety of specialty battery technologies, among them Lithium-ion, Nickel-Metal Hydride, Thermal batteries and Silver Zinc.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV