Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW) Secures New Purchase Contract for Compressed Natural Gas Tanks
Quantum Fuel Systems Technologies Worldwide, Inc., an alternative energy company that develops and produces propulsion systems, energy storage technologies and alternative fuel vehicles, recently announced that it has acquired a new purchase contract for 250 ultra-light weight compressed natural gas (CNG) vehicle storage systems from a US natural gas vehicle integrator for light duty trucks. Quantum Fuel’s carbon composite ultra-light weighted high capacity CNG tanks are the lightest tanks available in the industry. Quantum tanks allows for relatively simple vehicle integration, thus avoiding the cost of heavier structural reinforcing that is a necessity for the integration of competing heavy-weight tanks.…