UQM Technologies Receives Follow-on Order from Air Comm Corp. for Aerospace Air Conditioning Electric Motor and Controller Systems for 2016 Delivery

• Longstanding UQM customer Air Comm Corporation has placed a follow-on volume production order for the UQM high-efficiency air conditioning compressor electric motor/controller systems for delivery in calendar 2016.
• The UQM integrated electric motor and controller systems are utilized in commercial applications in both fixed wing aircraft and helicopters and have had a huge success over the years in increasing the performance and versatility of aircraft air conditioning and auxiliary systems.
• The compact and lightweight UQM system offers state-of-the-art efficiency and reliability. The UQM system can last up to five times longer than conventional brushed motors, making it ideally suited for aircraft industry applications that require important routine maintenance.

LONGMONT, Colo.--(BUSINESS WIRE)-- UQM Technologies, Inc. (NYSE MKT: UQM) announced today that Air Comm Corporation has placed a follow-on order for UQM’s 4.5 horsepower air conditioning compressor electric motor/controller systems to be delivered in calendar 2016 for use in aviation applications. Air Comm products are known throughout the industry as high quality, durable products that provide reliable, efficient, and effective performance under all operating conditions. The UQM air conditioning compressor drive system is an integrated motor/inverter/controller contained in one compact package capable of operating up to 8,000 rpm.

“UQM has been supplying commercial applications of permanent magnet motor technology for the aerospace market for more than a decade and this is a key element of our auxiliary product portfolio. Auxiliary aircraft systems, such as the air conditioning systems designed and manufactured by Air Comm, represent a tremendous growth opportunity for our company. The attributes of our motors, including power density, energy efficiency, low maintenance, and the ability to integrate electronic controls into the motor housing, make it ideally suited for all types of aircraft applications,” said Joe Mitchell, Chief Operating Officer and Interim President and CEO of UQM Technologies.

According to the UQM Vice-President of Technology, Josh Ley, “The UQM permanent magnet system has unique capabilities in the aviation market. Standard air conditioning compressors need to be physically shut off to allow other high load operations to run, such as the winch in a rescue helicopter. Our system does not need to be shut off manually, but shuts down automatically when the battery is pulled below its minimum voltage and starts again when the battery builds back up above the minimum voltage after the high load operation is complete.”

About UQM

UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, military and industrial markets. A major emphasis for UQM is developing propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles. UQM is TS 16949 and ISO 14001 certified and located in Longmont, Colorado. For more information, please visit www.uqm.com.

About Air Comm Corporation

Air Comm Corporation, headquartered in Westminster, Colorado, is a manufacturer of OEM air conditioning and heating systems for both fixed wing and rotorcraft. With over 40 years of experience in certification of new products with the Federal Aviation Administration, Air Comm provides its customers with the most efficient and cost effective aircraft air conditioning, heating and ventilation systems available. For more information on Air Comm, please visit its website at www.aircommcorp.com

This Release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements appear in a number of places in this Release and include statements regarding our plans, beliefs or current expectations; including those plans, beliefs and expectations of our management with respect to, among other things, gaining required certifications, new product developments, future orders to be received from our customers, sales of products from inventory, future financial results, liquidity, and the continued growth of the electric-powered vehicle industry. Important Risk Factors that could cause actual results to differ from those contained in the forward-looking statements are contained in our Form 10-K and Form 10-Q’s, which are available through our website at www.uqm.com or at www.sec.gov.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151202006485/en/

The Blueshirt Group
Shawn Severson, 415-489-2198
or
UQM Technologies, Inc.
David Rosenthal, 303-682-4900

Source: UQM Technologies

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