Dan Connors, president of Technipower said, “Technipower has been delivering systems like these for critical safety related applications for decades, reinforcing our reputation for quality and reliability. The consistent rate of orders from the nuclear market is a stable contributor to our profitable base power systems business and an important part of our product mix.”
Connors continued, “We are working on a number of exciting new opportunities. We have gained market traction with our specialized Cobalt(15) high voltage power system line; we have launched a solar PV product line, Instant Solar(TM); and we are making significant technical progress in Solomon’s marine propulsion development while we continue to pursue licensing targets for our patented Electric Transaxle(TM) technologies. Our ability to grow profitably in the renewable energy markets is an important facet of our business plan supported by the strong foundation of our underlying power systems business.”
