Lithium Technology (LTHUQ) Price & Analysis

Lithium Technology Corporation was a company engaged in the development, manufacturing, marketing, and delivery of advanced rechargeable energy storage solutions. Their offerings included sizable cylindrical lithium-ion (Li-ion) rechargeable cells, as well as complete Li-ion battery units equipped with integrated battery management systems. These products were engineered for diverse applications within the transportation sector, military and national security domains, and stationary power markets. The company's extensive product catalog featured high-power cells, ranging from 7.5 to 45 Amp-hours (Ah), specifically designed for robust discharge capabilities in demanding environments like hybrid electric vehicles (HEVs) and military equipment. They also supplied high-energy cells, with capacities from 10 to 485 Ah, suitable for various uses including backup power and remote standby installations. Furthermore, their portfolio included large-scale battery systems, capable of providing up to 600 volts and exceeding 1.2 megawatt-hours (MWh) in capacity, alongside standard cells designed to be assembled into custom large batteries with all necessary electronic management components. Lithium Technology Corporation primarily served industrial, retail, and governmental customers, as well as scientific research facilities and national defense agencies, with a key presence in the United States, the United Kingdom, and Germany. The company's headquarters were located in Fairfax, Virginia. However, facing financial difficulties, Lithium Technology Corp. filed a voluntary petition for Chapter 11 bankruptcy reorganization with the U.S. Bankruptcy Court for the Eastern District of Virginia on December 5, 2014. This attempt at restructuring was ultimately unsuccessful, leading to the conversion of the Chapter 11 petition to Chapter 7 liquidation proceedings on June 12, 2015.