Colorado Power Electronics part of NASA contract winner

Denver Business Journal – May 9, 2005

Colorado Power Electronics Inc. is a member of the team led by Aerojet, which on Monday announced it has won a $32.4 million contract from NASA.

Aerojet, based in Sacramento, Calif., won a multiyear contract from NASA’s Exploration Systems Mission Directorate to design, build, test and deliver a 600kW Hall Thruster electric propulsion system to power cargo transport vehicles to the moon and Mars.

Aerojet is a GenCorp. Inc. (NYSE: GY) company.

Aerojet’s team includes Colorado Power Electronics Inc. of Fort Collins, Lockheed Martin Missiles and Space, and NASA Glenn Research Center.

The new system will be a 30-fold increase in power and thrust from current systems, which are approximately 18kW.