mPhase Technologies (OTCBB: XDSL) released important news after-market. XDSL closed at .0071 & poised for a run tomorrow.
mPhase Technologies Signs 3 Year CRADA With US Army
ITTLE FALLS, NJ — (MARKET WIRE) — 02/09/11 — mPhase Technologies, Inc. (OTCBB: XDSL) today announced that it has signed a 3 year CRADA ( Cooperative Research and Development Agreement) with the U.S. Army Armament Research , Development, and Engineering Center (ARDEC) at Picatinny, New Jersey .
The purpose of the agreement is to continue to cooperatively test and evaluate the mPhase Smart NanoBattery, including new design features and functionally appropriate for DoD based systems requiring portable power sources. The army researchers will further evaluate the prototypes using the Army’s testing facilities at Picatinny Arsenal in New Jersey in order to potentially incorporate the technologies into research and development and other programs sponsored by Picatinny .
The research agreement is supported by the Fuze & Precision Armaments Technology Directorate . ARDEC engineers and scientists will be evaluating and determining the technologies applicability for gun fired munitions at ARDEC’s power and energy systems competency.
“This agreement is an important and continued validation of our technology,” said Ron Durando , president and CEO of mPhase Technologies . “We are looking forward to working with the US Army scientists to drive our technology into leading edge military applications.”
Earlier testing with Picatinny demonstrated extreme resiliency to shock and acceleration of the SmartBattery prototypes, surviving tests that subjected them to high acceleration of over 30,000 G-forces. (One g is equal to the pull of gravity at sea level.) The tests, which involved both simulations out of an air-gun and live testing of firing projectiles out of a tank, indicated that the underlying nanostructure of the prototype power cell could withstand extreme shock if used in military applications.