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Quantum Fuel Systems Technologies Worldwide announces that it has received an order for its Q-Lite compressed natural gas (CNG) fuel storage vessels from a customer with broad industry reach.
This sales order and growing opportunity signifies expansion into the surging CNG after-market segment in the central part of the United States. "We are pleased to broaden our market reach into natural gas-rich Texas and the Mid-West region, and excited by the market momentum driven by aftermarket conversions," said Brian Olson, President and CEO of Quantum. "Our ability and success in optimizing CNG storage systems for the OEM market is now being fully leveraged into the aftermarket. We believe the potential in this market across North America is very significant."Quantum showcased its ultra-lightweight natural gas storage tanks and fully-integrated, factory-tested bolt-on systems at the largest clean vehicle show, ACT Expo in Washington D.C. June 24-27th, which drew in excess of 3,000 visitors including fleet managers and leading system integrators. Quantum designs, engineers manufactures and assembles state-of-the-art carbon composite fuel tanks and integrated systems at its advanced technology campus, located in Lake Forest, California.About QuantumQuantum Fuel Systems Technologies Worldwide, Inc. is an actor in the innovation, development and production of natural gas fuel storage systems and the integration of vehicle system technologies including engine and vehicle control systems and drivetrains. Quantum produces one of the most innovative, advanced, and light‐weight compressed natural gas storage tanks in the world and supplies these tanks, in addition to fully‐integrated natural gas storage systems, to truck and automotive OEMs and aftermarket and OEM truck integrators. Quantum provides low emission and fast‐to‐market solutions to support the integration and production of natural gas fuel and storage systems, hybrid, fuel cell, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the United States, Canada, and India.More information: www.qtww.com