This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Arotech Recieves $5 Million In Battery Orders

ANN ARBOR, Michigan, July 2, 2013 /PRNewswire/ --

Arotech Corporation (Nasdaq GM: ARTX) a provider of quality defense and security products for the military, law enforcement and homeland security markets, announced today that it received a number of orders for batteries. The orders amounted to a total of $5 million and were from a mix of military and commercial customers, including $2.25 million in orders for the division's water-activated survivor locator lights.

"Our battery division continues to perform well and we are pleased that our many customers continue to order our products over and over again," commented Arotech ' s Chairman and Chief Executive Officer, Robert S. Ehrlich . "This is a testament to the high quality and technological edge inherent in our products, as well as our focus on customer service.  Given the increasing market traction for our current range of battery products which was built on the back of significant past R&D investment, we are optimistic for the future. We are currently developing our next generation battery products and I am becoming increasingly excited about the prospects for this division both in the near and long term."

About Arotech's Battery and Power Systems Division

Arotech's Battery and Power Systems Division is a leading provider of primary and rechargeable batteries and chargers for defense and other military applications. Arotech develops and produces high power zinc-air batteries and is believed to be the sole supplier of this technology to the U.S. military. In addition, Arotech develops high-end primary and secondary batteries and associated chargers and has vast experience in working with government agencies, the military and large corporations.

The Battery and Power Systems Division consists of Electric Fuel Battery Corporation (efbpower.com) and Epsilor-Electric Fuel Ltd. (epsilor.com; electric-fuel.com)

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,091.49 -6.55 -0.31%
NASDAQ 5,100.9480 -14.4340 -0.28%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs