GS Yuasa Lithium Power and The Boeing Company Enter into Long Term Supply Agreement

ROSWELL, GA -- GS Yuasa Lithium Power (GYLP), the US subsidiary of GS Yuasa Corporation (GYC), announces that they have entered into a Long Term Supply Agreement with The Boeing Company (Boeing) for the supply of GS Yuasa Technology's (GYT) lithium-ion cells for use in satellite applications.

The agreement with Boeing is for the supply of multiple configurations of space qualified lithium-ion cells and runs through 2020, with an option to extend the agreement. The lithium-ion cells will be used for batteries to support Boeing's commercial and government programs across multiple satellite platforms and power classes.

GS Yuasa group companies have been in the battery business for more than a century with lithium-ion cell experience dating back to the late-1980s. GYT has manufactured lithium-ion cells for use on spacecraft since 1998. GYT's lithium-ion cells are currently in use on more than 120 satellites with over 2.3MWh of lithium-ion energy storage on orbit.

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