UQM 3.15
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UQM Technologies, Inc. engages development and manufacture of electric motors, generators, and power electronic controllers for the automotive, aerospace, medical, military, and industrial markets. It focuses on developing products for the alternative energy technologies sector, including propulsion systems for electric, hybrid electric, and fuel cell electric vehicles; 42-volt under-the-hood power accessories; and other vehicle auxiliaries and distributed power generation applications. The company operates in two segments, technology and mechanical products. The technology segment includes core research to advance the company’s technology, application engineering and product development, and job shop production of prototype components. The mechanical products segment manufactures and sells permanent magnet motors. In addition, the company has a minority ownership interests in EV Global Motors Company, a developer and distributor of electric bicycles; and Windemere Eco Development Limited, which is involved in development of Windemere Island in the Bahamas. Further, it has 15% interest in CD&M Electronics, Inc., a contract electronics manufacturing company. The company was founded in 1967 and is headquartered in Frederick, Colorado. |
