Saft has been awarded a multi-million dollar Long Term Agreement (LTA) with Lockheed Martin as the preferred supplier of lithium-ion (Li-ion) batteries for the company’s telecommunications satellites.
The follow-on five-year contract – signed through 2020 – validates the continued partnership between Saft and Lockheed Martin for Li-ion cells for satellites that have been proven to work reliably under the harsh space conditions. Saft will supply high-energy VL48E Li-ion cells with a 3.6V, 48Ah package to power the satellites with light-weight, reliable technology necessary to withstand a demanding space lifecycle.
“For nearly half a century, Saft has played a significant role in providing high performance batteries to the space market, and we are thrilled to have the opportunity to further our relationship with Lockheed Martin,” said Thomas Alcide, President of Saft America, Inc. and General Manager of Saft’s Specialty Battery Group. “Our innovative thinking and advanced technology solutions have led us to become the top supplier worldwide of batteries for satellites as we continue to pursue a mission of powering outer space.”
For Saft, this contract demonstrates a proven – and growing – heritage as a technology leader within the space market.
Source: Saft
The future CEO of thyssenkrupp Uhde, Nadja Håkansson, has held various management positions at Siemens and Siemens Energy and looks back on over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management.
Neste and South Korean company Lotte Chemical have partnered on a project to elevate the sustainability profile of chemicals and plastics. The partnership’s ambition is to replace fossil resources with renewable raw materials that offer a lower carbon footprint.
At least the confidence in the chemical sector has been seeing an upward trend and the trade balance is recovering as destocking seems to be coming to an end. Citing projections from the European Central Bank, CEFIC states that the level of inflation is expected to fall from 5.4% in 2023 to 2.3% in 2024.
