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Quantum Announces Range Enhancing Ultra-Lightweight Natural Gas Vehicle Fuel Storage Systems

Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced the roll-out of its new and enhanced natural gas storage technology aimed at creating sizeable new opportunities within the heavy duty long-haul and medium duty vehicle segments, among others. This next generation of proprietary advanced fuel storage technology incorporates state-of-the-art materials and innovative design characteristics to further support rapid commercialization of natural gas powered internal combustion engine vehicles. The new Q-Lite(TM) series of fuel systems have been optimized to maximize vehicle range by means of dematerialization and application of new generation materials, by leveraging Quantum’s technology leadership in extreme high pressure hydrogen storage.

“Quantum is a solution-driven company, committed to providing innovative and cost-effective solutions to our customers,” commented Brian Olson, Quantum’s Chief Executive Officer and President. “The Q-Lite technology is the first in a planned series of advanced fuel system technologies enabling broader scale adoption through lighter weight and more robust storage systems.”

This new and enhanced ultra-lightweight natural gas storage technology includes a unique one-piece lightweight liner system that maximizes storage capacity, and new generation shock absorbers and a highly optimized corrosion and fatigue-resistant structural shell that incorporates high strength lightweight aluminum fittings. Developed at Quantum’s Technology Center in Lake Forest, California, the advanced composite natural gas storage cylinder provides dramatic weight reduction, increased fuel storage capacity, and the capability to integrate on vehicles with simple lightweight brackets, resulting in an overall reduction in fuel system weight.

About Quantum:

Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the development and production of advanced vehicle propulsion systems, fuel storage technologies, and alternative fuel vehicles. Quantum’s portfolio of technologies includes electronic and software controls, hybrid electric drive systems, natural gas and hydrogen storage and metering systems and other alternative fuel technologies and solutions that enable fuel efficient, low emission, natural gas, hybrid, plug-in hybrid electric and fuel cell vehicles.

Quantum’s powertrain engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast-to-market solutions to support the production of natural gas, hybrid and plug-in hybrid, hydrogen-powered hybrid, fuel cell, and specialty vehicles. Quantum’s customer base includes automotive OEMs, fleets, aerospace industry, military and other governmental agencies, and other strategic alliance partners. Quantum’s wholly owned subsidiary, Schneider Power Inc., and affiliate, Asola Solarpower GmbH, complement Quantum’s alternative and renewable energy presence through the development and ownership of wind and solar farms, and the manufacture of high efficiency solar modules for traditional and automotive applications.

Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the USA, Canada, Germany and India

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Thu. March 28th, 2024

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