Energy Focus Wins $500,000 DARPA Grant
August 20, 2009 (FinancialWire) — Energy Focus, Inc. (NASDAQ: EFOI) (Current Market Cap: $14.09 Mil.) said it has been awarded a $0.5 million SBIR extension grant from the Defense Advanced Research Projects Agency, or DARPA, to develop and produce solid state lighting fixtures for general use on Navy ships.
The new fixtures will replace 50 and 110 Watt water tight incandescent fixtures now in use, according to Energy Focus.
company CEO Roger Buelow said, “With the addition of this $0.5 million grant, the Department of Defense has now awarded Energy Focus $1.9 million to develop energy efficient LED lighting for the US Navy.”
Solon, Ohio-based Energy Focus is a supplier of energy solutions that has worked on Energy Star partnership and various research and development projects for the U.S. Department of Energy and DARPA.
The company’s products are designed, manufactured and marketed for the commercial lighting and swimming pool markets.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.