Tuesday, July 27, 2010

Quantum Leap

With one of the longest corporate names among stocks listed on Nasdaq Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW: Nasdaq) has been short on revenue and profits. However, Quantum took a huge step - leap if you will - toward better numbers with an agreement to supply solar roof panels for Fiskar Karma vehicles. The solar panels will generate electricity to run a cooling system while the Fiskar Karma vehicle is parked. Any one who has driven a car in the southwestern U.S. appreciates the value of such an air conditioning option.

Quantum had already signed a supply agreement with Fisker to supply components and control systems for the Q-Drive powertrain system that is being incorporated in the Fisker Karma. Fiskar Automotive expects to be in production by the end of 2010, with higher volumes expected beginning in 2011. Fisker Automotive is U.S.-based premium plug-in hybrid electric vehicle manufacturer. The company is focused on building sustainable car models. Its sport model is a sleek design with plug-in hybrid power source.

The opportunity appears to have been enough to convince a group of institutional and accredited investors to ante in $10.9 million in new capital to support Quantum’s next phase of development. Well fortified with capital we expect Quantum to accelerate market penetration with its solar power solutions. The stock is currently valued like an option on Quantum technologies - a compelling price point for the risk tolerant investor.

Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.


1 comment:

Anonymous said...

Hello Debra

the name of the firm is Fisker Automotive Inc. and not "Fiskar Automotive" .

Please doublecheck before posting
any reports about QTWW and Fisker Automotive!