Antonov & Jaguar Partnership - Engineering Project


 

TIDMATV 
 
RNS Number : 9558C 
Antonov PLC 
24 November 2009 
 

ATV.L 
Antonov Plc 
("Antonov" or the "Company") 
Engineering Project Award 
Antonov is pleased to announce that the Company, in partnership with Jaguar, a 
major UK car manufacturer and MIRA, has been awarded a high profile project by 
the UK Government's Technology Strategy Board to develop a high efficiency 
2-speed transmission suitable for use in electric vehicles. The project will run 
for 1 year with Antonov as the leading partner on the project and a final aim of 
demonstrating the transmission in a vehicle application. Antonov will realise an 
initial engineering turnover of approximately GBP200K at this stage. Thereafter, 
the developed 2-speed should be ready for use in a commercial application, 
potentially leading to serial production. In parallel, Antonov is actively 
continuing its efforts to pursue new opportunities for its 2-speed technology. 
Enquiries: 
Please contact: - 
+--------------------------------------------+----------------------------------------------+ 
| Dr Jos E. Haag, Executive Chairman,        |                             +44 1926 455 800 | 
| Antonov plc                                |                              +31 651 561 767 | 
+--------------------------------------------+----------------------------------------------+ 
| Lindsay Mair/Antony Legge                  |                             +44 207 448 4400 | 
| Astaire Securities Plc                     |                                              | 
+--------------------------------------------+----------------------------------------------+ 
| Shane Dolan                                |                             +44 207 448 1000 | 
| Biddicks                                   |                                              | 
+--------------------------------------------+----------------------------------------------+ 
| Company's website:                         |                           www.antonovplc.com | 
+--------------------------------------------+----------------------------------------------+ 
Notes: 
MIRA is an international organisation headquartered in the UK providing 
independent product engineering, testing, consultancy, and research and 
development to a wide range of ground vehicle industries including automotive, 
military, off-highway and motorsport. www.mira.co.uk 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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