Hybrid Technologies, Inc. (HYBR.OB) Continues To Build Strong Ties with Governmental Agencies
Hybrid Technologies, Inc. (HYBR.OB) utilized NASA technology in developing the rechargeable lithium batteries utilized in its line of electric powered vehicles. The relationship with NASA has continued to grow through the years. In March 2006, Hybrid and NASA executed a Space Act Agreement, where Hybrid agreed to produce a lithium battery powered fleet of vehicles to be used at the John F. Kennedy Space Center. The NASA team selected military high-performance all-terrain vehicles; the PT Cruiser and the Hybrid Smart Car. “NASA and its affiliated agencies create a tremendous opportunity for our corporation to utilize our most advanced technology, while…