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Technology Stocks : SatCon Technology (SATC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (284)	2/2/1999 1:00:00 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 440

SatCon Tech Gets Navy Pact For Modular Drive System CAMBRIDGE, Mass. (Dow Jones)--SatCon Technology Corp. (SATC) received a contract from the Navy for its two-component modular drive system. In a press release Tuesday, SatCon said its modular drive, which can be used on Navy ships, provides clean electrical power conditioning and a variable-speed magnet motor. SatCon makes active motion control systems, including advanced electric motors, suspensions systems and satellite control systems. -- This has no details, but they are available. I think the $ number was $1M. Jim