A123 Systems (AONE) Rips Higher Following New Energy Storage System Contract

July 20, 2012 11:43 AM EDT
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A123 Systems, Inc. (Nasdaq: AONE) shares are ripping higher Friday, following a positive announcement made ealier.

The Company said it entered a deal to supply a 2MW grid energy storage system to Ray Power Systems Co. Ltd.

Shares are over 20 percent better on the session.

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