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
PepsiCo Europe and crop nutrition company Yara have announced a long-term partnership aimed at providing European farmers with low-carbon crop nutrition solutions to help decarbonise the food value chain. Under the agreement, Yara will supply PepsiCo with up to 165,000 tons of fertiliser per year by 2030, covering around 25% of the food and beverage giant’s crop fertiliser needs across Europe.
BASF has signed an agreement to sell its flocculants business for mining applications to Solenis, a specialty chemicals manufacturer. The divestment of the flocculants business to Solenis is part of BASF’s ongoing portfolio optimisation with the aim of focusing on strategic core areas.
ADAMA Ltd. a leading crop protection company, announced that its board of directors has appointed Gaël Hili as its President and Chief Executive Officer, effective October 1, 2024. Hili will join the Syngenta Group Leadership Team and will be based in Tel Aviv.
