Firefly Energy Enters Manufacturing Contract with C&D Technologies for Microcell Foam Lead-Acid Batteries

Jose Michael

Firefly Energy, Inc., the developer of a portfolio of lead-acid battery technologies that exceed the traditional performance barriers of lead-acid chemistry, has signed a manufacturing contract with C&D Technologies, Inc. C&D is a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply systems, utility and other high reliability applications.

The contract establishes a manufacturing partnership between the two companies to produce Firefly-designed battery products in the Group 29/31 size for the trucking and off-highway equipment markets. Capable of almost double the run time and life of traditional lead-acid batteries, Firefly’s microcell foam technology enables significant economic payback as well as compliance with recent anti-idling legislation.

The first focus for this partnership will be for the Firefly “Oasis” battery. (Earlier post.) Firefly will provide microcell foam technology components, and C&D will manufacture the battery in their Milwaukee, Wisconsin facility.

Firefly is first and foremost an innovator, creating enabling energy technologies. We will continue to focus on product technologies, design, development and testing that compresses product development schedules while enhancing product quality and performance. We’re delighted to be associated with a company of C&D’s caliber, given the stringent requirements which C&D has long met in producing batteries of the highest quality for demanding telecom and data protection customers.

—Ed Williams, Firefly Energy CEO

Williams also announced that the production schedule for Firefly’s new Oasis battery will be adjusted to accommodate the new C&D relationship. Oasis batteries will be available in the 1st quarter 2009.

In June, Firefly Energy completed a $15-million Series C equity round of financing led by Quercus Trust, Khosla Ventures, and Infield Capital. The new investors joined existing Firefly Energy investors Caterpillar, BAE Systems, Husqvarna, KB Partners, the Illinois Finance Authority, and the Tri-County Venture Capital Fund. (Earlier post.)

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