DRS PARTNERS WITH LITHIUMSTART TO PURSUE MILITARY AND COMMERCIAL ENERGY STORAGE APPLICATIONS

ARLINGTON, VA, December 2, 2014 -- DRS Technologies, a Finmeccanica Company, has expanded its role in the military and commercial energy storage business. DRS Power and Control Technologies has signed a memorandum of agreement with Lithiumstart LLC, a supplier of scalable, lithium ion and super capacitor-based energy storage systems (ESS), to integrate technologies into high-power military and commercial energy storage applications. 

DRS Power Electronic Modules (PEM), which provide reliable, higher-power density power conversion capability, will be combined with Lithiumstart’s ESS technology to create a powerful and scalable Energy Storage Module. These systems can be used in naval surface combatant ships to provide stable backup power, fuel efficient operations and reduced total ownership costs. Additional markets include a wide range of commercial workboat applications and other military systems.

DRS PEM technology is currently used on several U.S. Navy platforms and programs. Lithiumstart’s ESS technology leverages both internal and U.S. Department of Defense investment in high-power density storage including U.S. Missile Defense Agency and Army applications.

The DRS / Lithiumstart system is scalable from 500 KW to tens of Mega Watts unlike other large-scale energy storage technologies. The joint Energy Storage Module is ideal for pulse power with improved overall safety and reliability driven by lithium iron phosphate chemistry and by limiting the stored energy content consistent with the application and mission.

“The ability to adapt tune and test the COTS building blocks of our modular design to multiple DOD and commercial applications helps us accelerate time to market. Similarly, leveraging DRS’s proven power management and integration capabilities allows rapid deployment on multiple platforms in the near term” said Lithiumstart Chief Operating Officer, Rich Schroeder.

“Lithiumstart’s game changing technology and proven quality manufacturing processes combined with the DRS PEM technology strategically positions our team for stable and reliable power applications both in the U.S. Navy and commercial maritime market places” said Vince Stammetti, Vice President and General Manager at DRS’s Power and Control Technologies.

About Lithiumstart

Lithiumstart designs and builds cutting edge lithium ion battery Energy Storage Systems for motorsport, aerospace, industrial, and government customers. We are a turnkey integrator, sourcing the best cells from around the globe and then packaging them with custom enclosures and management electronics. We change the way people communicate, travel, work, and play, by taking on unique and challenging projects that bring disruptive new products to market.

About DRS Technologies

DRS Technologies is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide and is a recipient of the Defense Security Service Award for Excellence in Counterintelligence as well as three James S. Cogswell Awards for Outstanding Industrial Security Achievement. The company is a wholly owned subsidiary of Finmeccanica SpA, which employs approximately 70,000 people worldwide.

Learn more about DRS