Video Display Corporation (NASDAQ:VIDE) announces that its Lexel Imaging Systems, Inc. subsidiary has been awarded a significant contract by Pennsylvania State University, Applied Research Laboratory, for the design and delivery of a high performance 70 HP electric propulsion motor. This motor will provide direct drive power for the propulsion system in an Autonomous Unmanned Underwater Vehicle (AUUV). Penn State’s Applied Research Laboratory Advanced Technology Office provides technological advancements for undersea systems.
The motor, an advanced design permanent magnet solution, is one of the new product lines for Lexel generated as the result of several years of development by Lexel’s engineering and R & D staff. The design incorporates a patented technology and provides the best motion solution where the highest efficiency, torque, and reliability are required. The motor being produced for Penn State is an axial gap or “pancake” style motor producing 460 pound-feet of torque at its rated speed. Lexel’s custom fit motor was selected because of its ability to maximize torque production while extending the operating range of the submersible through increased efficiency.
The design characteristics of the Lexel motor make it ideally suited for a wide range of applications including servos, generators, pumps, hydraulic systems replacement, and actuators to name a few. The SEMA technology, utilizes an ironless core stator and a unique coil design allowing for more power, less weight, greater efficiency, and better control than other motors designed for targeted applications. Lexel is committed to bringing this advanced technology to an expanding customer base throughout the world.
About Video Display Corporation
Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial uses with emphasis on high-end training and simulation applications. Its product offerings include ruggedized CRT and AMLCD displays as well as complete projection display systems utilizing VDC's Marquee(TM) and ESCP line of projectors. Video Display Corporation operates eleven design and manufacturing plants plus eight sales facilities throughout the United States and Europe. For more information, visit the Company's web site at http://www.videodisplay.com.
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Video Display Corporation or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the Company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the Company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions.