'The next chapter for UQM
is about to begin, but we couldn't have made it here without the steadfast, longstanding support of our customers, employees, and shareholders,' said Joseph Mitchell, UQM
Technologies' President and Chief Executive Officer.
This merger anticipates that UQM
will become part of the Danfoss Power Solutions segment.
-The transaction will take place in two stages: the first stage having CNHTC purchase a 9.9% ownership in UQM
for approximately $5.1m, and the second stage, after required approvals, increasing the ownership to 34% of UQM
on a fully diluted basis for approximately $23.2m
Following the closing of the transaction, UQM
will continue to support its existing customers around the world as well as new business development programs.
Both firms have signed a new three-year supply contract, making UQM
Technologies Inc the exclusive supplier of electric propulsion systems to the growing commercial vehicle manufacturer
PESHAWAR, January 12, 2012 (Balochistan Times): A grand Jirga of Uthmankhel Qaumi Movement (UQM
) Wednesday demanded full-fledged educational facilities for girls in Bajaur, Malakand and Mohmand Agencies.
For large buses, a high proportion use electric drive systems from leaders such as BAE Systems, Siemens and UQM
Identification of Beijerinckia fluminensis strains CIP 106281(T) and UQM
1685(T) as Rhizobium radiobacter strains, and proposal of Beijerinckia doebereinerae sp.
Technologies Chief Executive Officer William G.
Technologies Incorporated (UQM
), a company that develops and manufactures power dense, electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets, has received United States patent number 7,598,645 entitled 'distributing permanent magnet rotor geometry for electric machines' on rotor geometry.
The propulsion system is provided by UQM
Technologies (Frederick, CO; www.uqm.com).