Quantum to Supply $4.8m High-Capacity Ultra-Light CNG Tanks for HD Vehicles

| USA, Irvine CA

Quantum Fuel Systems Technologies Worldwide, Inc., a natural gas, hydrogen and hybrid/electric vehicle technologies provider, has received a $4.8 million purchase order from natural gas fuel system integrator¬†Agility Fuel Systems, for Quantum’s high capacity ultra-light weight natural gas tanks,¬†for heavy duty trucks, buses and specialty vehicles. This purchase order will be the cornerstone of a new agreement whereby Agility will be the exclusive distributor of Quantum’s line of large 25″-27″ diameter CNG tanks for heavy duty truck applications in North America.

The new purchase order is for Quantum’s line of large-diameter carbon composite tanks developed specifically to mount on the frame rail in Class 6-8 heavy duty truck applications. Quantum and Agility have jointly developed and are patenting an innovative mounting system to enhance the safety and durability of on-board fuel storage tanks under extended vibrations, accelerations and shock loads. The tanks with their new design features will be available from Agility in their integrated systems starting in August 2012.

Barry Engle, CEO of Agility, said, “Our OEM and fleet customers know their vehicles will operate under the most demanding conditions. So we are pleased to be able to offer them this industry leading tank from Quantum that was developed specifically to meet their needs for weight, range, cost and safety.”

“We appreciate Agility’s continued high interest in our lightweight natural gas tanks, and for jointly developing an innovative mounting system that has been well received by heavy duty trucking firms,” said Brian Olson, Quantum’s CEO. “We expect the increase in demand for Quantum’s natural gas tanks to continue to accelerate, as more fleets realize the true cost benefits of using clean, domestic natural gas as a transportation fuel.”

(This article compiled using information from a Quantum Fuel System technologies press release)

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