Hybrid Technologies, Inc. (HYBT.OB) reports that the Company has entered into the second stage of a Military project based on a Lithium Electric Drive System (L-E.D.S).
Hybrid initiated the development of several Military based platforms using a high performance lithium system.
Following a funding proposal directed by the board, Hybrid has successfully developed models which meet military market specifications.
This development of Lithium Mil Spec vehicles is following studies of current military operational vehicles with alternate fuel source systems.
Hybrid Technologies is currently not disclosing further details on any military projects and will work through The Department of Defense Communications Released Items to provide further public information.
Hybrid Technologies is currently producing several models of vehicles for commercial and government fleet applications most recently to the Canadian Federal Government.
Other Hybrid models such as the L-Smart (Daimler) is in use by the United States Federal Government.
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