SatCon To Present Silicon Carbide Paper at EESAT, Receives New SiC SBIR Award
October 17 2005 - 7:00AM
Business Wire
SatCon Technology Corporation(R) (Nasdaq NM: SATC), a developer and
manufacturer of power electronics and motors for the alternative
energy markets, today announced that Dr. Leo Casey from the Applied
Technology division will present a paper entitled "High Power
Silicon Carbide Inverter Design - 100kW Grid Connect Building
Blocks" at the 2005 Electrical Energy Storage Applications and
Technologies Conference (EESAT) in San Francisco on October 18th.
"As our society moves towards higher levels of electrification the
performance of today's power conversion technology becomes
increasingly limiting," said Millard Firebaugh, SatCon President
and Chief Operating Officer. "SatCon is committed to developing
advanced power conversion technology that goes beyond today's
Silicon based technology with Silicon Carbide being one example.
Silicon Carbide should allow smaller, lighter and more robust power
converter packages, which is important for all applications and is
certainly true for Utility Scale Energy Storage Systems where
round-trip efficiency, system reliability, volume and weight
benefit directly." The EESAT paper describes a 100kW SiC Inverter
Module being developed under a DOE sponsored SBIR program. SatCon
brings to the program the combination of a strong background in SiC
applications R&D along with extensive experience in modular and
grid connected power electronics, including utility scale energy
storage experience with both batteries and flywheels. This DOE SBIR
program is on-going and is focused on circuit and system design.
Meanwhile, at the more fundamental level of device packaging for
Silicon Carbide, SatCon received a Phase I SBIR award from the US
Army last week under a Project title of "High-Temperature Packaging
Technology for Semiconductors". "The Government, through both the
DOE and the DOD, recognize the significance of semiconductor
technologies that allow us to go beyond Silicon," said Dr.
Firebaugh, "SatCon is privileged to be in the position to use its
experience and knowledge to help advance technology in this
critical area". About SatCon Technology Corporation SatCon
Technology Corporation is a developer and manufacturer of
electronics and motors for the Alternative Energy, Hybrid-Electric
Vehicle, Grid Support, High Reliability Electronics and Advanced
Power Technology markets. For further information, please visit the
new SatCon website at www.satcon.com. Statements made in this
document that are not historical facts or which apply prospectively
are forward-looking statements that involve risks and
uncertainties. These forward-looking statements are identified by
the use of terms and phrases such as "believes," "expects,"
"plans," "anticipates" and similar expressions. Investors should
not rely on forward looking statements because they are subject to
a variety of risks and uncertainties and other factors that could
cause actual results to differ materially from the Company's
expectation. Additional information concerning risk factors is
contained from time to time in the Company's SEC filings. The
Company expressly disclaims any obligation to update the
information contained in this release.
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