Zoltek Receives Award For Carbon Fiber Development


Zoltek Companies Inc. says it has been notified by the U.S. Department of Energy (DOE) and National Energy Technology Laboratory that it has been selected for negotiations leading to a $3.7 million financial assistance award for its application titled ‘Development and Commercialization of a Novel Low Cost Carbon Fiber.’

This notification was part of a larger announcement made by DOE Secretary by Steven Chu regarding awards of more than $175 million for advanced vehicle research and development.

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