SubscribeUltralife Batteries, Inc. (NASDAQ: ULBI) has received an order valued at more than $800,000 to supply its UBBL12 lithium ion batteries to Cubic Defense Applications, the defense segment of Cubic Corporation.
The batteries are used to power Cubic's Weapons Effects Simulation land-based combat training system. Deliveries are expected to begin and be completed in the second quarter.
John D. Kavazanjian, Ultralife's president and chief executive officer said, "This order illustrates our leadership role in developing and supplying advanced power sources for use in a wide range of portable defense systems and further demonstrates the growing demand for our products from a diverse set of defense customers."
The UBBL12 is a rugged, 15-volt, 7-ampere-hour lithium ion battery containing Ultralife's SmartCircuit(TM) technology and powers the Weapon Effects Simulation system, which features a fully integrated Direct-Fire Weapons Effects Simulation system that includes Cubic's Precision Combat Training System and advanced software-based exercise control and after-action review technology.
Newark, N.Y., March 15, 2007
