Neah Power Systems Receives Initial Purchase Order from Indian Government

22 Nov 2013

Neah Power Systems has received $172,000 from the Indian Government’s Defense Research and Development Organization (DRDO) for multiple units of its PowerChip product, to be shipped in January 2014.

Chris D'Couto, President and CEO of Neah Power Systems, stated "This is a significant milestone for the Company. This sovereign entity has evaluated the technology, both at their facilities and at our facilities, and this order further validates the unique value proposition of Neah's products, especially for aggressive defense oriented applications. As a follow up to this shipment, we are currently in discussions regarding a licensing agreement with the DRDO for defense applications in India."

 

Reference: Neah Power Systems


Industry Directory: Neah Power Systems

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