A123SYSTEMS Inc
by Jeff Torben
(New York, NY)
I am hearing a lot about a company in Boston, MA that has developed new battery technology. This is from their web page: "A123Systems is now one of the world's leading suppliers of high-power lithium ion batteries using our proprietary Nanophosphate™ technology to deliver previously unattainable levels of power, safety and life." If this company is doing so well with the Government needs on propulsion then when do we think they will turn the keys over to the transportation sector and get us off the fossil fuel cancer we all hate to discuss?
I see information from GM, DeWalt, the Military, all showing positive uses of their Nanotechnology breakthrough. If this company has the necessary R&D dollars we may have found the key to our future growth needs from a pure people mover perspective.
I welcome your thoughts. Here is their web site:
http://www.a123systems.com