Ultralife Batteries Receives Contract Valued at More Than $6 Million for Batteries to Power Thermal Imagers
28 February 2007
Newark, N.Y – Ultralife Batteries (NASDAQ: ULBI), has received a contract valued at more than $6 million for its Sophie thermal imager battery from the UK Ministry of Defence. Deliveries are expected to begin this quarter and be completed in the second quarter.
John D. Kavazanjian, Ultralife's president and chief executive officer, said, "This significant contract to provide the power for one of the most advanced thermal imaging systems on the market demonstrates our continued success in winning international orders for our high-performance military batteries and further diversifying our government / defense business."
Ultralife's 15V lithium-manganese dioxide batteries power the Sophie binoculars and thermal imaging camera. Manufactured by Thales, Sophie is a lightweight multi-application portable binoculars and thermal imaging system designed for hand-held or remote-controlled day / night surveillance, including bad weather conditions. More than 6,000 systems have been deployed in France, the UK and 43 other countries.
