Antonov & Jaguar Partnership - Engineering Project
24 Novembre 2009 - 8:01AM
UK Regulatory
TIDMATV
RNS Number : 9558C
Antonov PLC
24 November 2009
ATV.L
Antonov Plc
("Antonov" or the "Company")
Engineering Project Award
Antonov is pleased to announce that the Company, in partnership with Jaguar, a
major UK car manufacturer and MIRA, has been awarded a high profile project by
the UK Government's Technology Strategy Board to develop a high efficiency
2-speed transmission suitable for use in electric vehicles. The project will run
for 1 year with Antonov as the leading partner on the project and a final aim of
demonstrating the transmission in a vehicle application. Antonov will realise an
initial engineering turnover of approximately GBP200K at this stage. Thereafter,
the developed 2-speed should be ready for use in a commercial application,
potentially leading to serial production. In parallel, Antonov is actively
continuing its efforts to pursue new opportunities for its 2-speed technology.
Enquiries:
Please contact: -
+--------------------------------------------+----------------------------------------------+
| Dr Jos E. Haag, Executive Chairman, | +44 1926 455 800 |
| Antonov plc | +31 651 561 767 |
+--------------------------------------------+----------------------------------------------+
| Lindsay Mair/Antony Legge | +44 207 448 4400 |
| Astaire Securities Plc | |
+--------------------------------------------+----------------------------------------------+
| Shane Dolan | +44 207 448 1000 |
| Biddicks | |
+--------------------------------------------+----------------------------------------------+
| Company's website: | www.antonovplc.com |
+--------------------------------------------+----------------------------------------------+
Notes:
MIRA is an international organisation headquartered in the UK providing
independent product engineering, testing, consultancy, and research and
development to a wide range of ground vehicle industries including automotive,
military, off-highway and motorsport. www.mira.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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