Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) Affiliate Successful in Raising $65M for “Green” Car Development
Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) operates as a fully integrated alternative energy company engaged in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. The company’s affiliate, a privately owned “green” car company founded by QTWW in 2007, recently completed its Series C financing round on September 4, 2008. "We are extremely pleased to have closed our C financing round at this time, particularly in light of the current market conditions," Henrik Fisker, CEO of Fisker Automotive Inc. stated in the press release. "This shows investors, once again, that Fisker Automotive…