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alrairnano


Altair Nanotechnologies nets $7 million in Defense Appropriations Bill

Following Altairnano's not-so-good news the other day (the Motley Fool said its stock "missed the mark"), the company must be pleased to announce some good news. To wit, $7 million worth of federal funds as part of the recently-passed Defense Appropriations Bill. The money will be used by Altair not for vehicles but for an advanced lithium battery and separate sensor programs. Five million is headed towards a U.S. Navy project that is intended to reduce the amount of diesel fuel the military branch uses. Altair's press release says that, ... Read more →

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