Arotech Receives $2.3 M SWIPES Order

Arotech Corporation (NASDAQ: ARTX) announced today that its Battery and Power Systems Division has received a new order for over 1,100 units of its award-winning SWIPES System.

The $2.3 million order will service Program Executive Officer (PEO) Soldier's Project Manager (PM) Soldier Warrior, Product Director, Soldier Power, which encompasses expeditionary power solutions intended for the most austere (Tier 1) operating environments.

The Soldier Wearable Integrated Power Equipment System, or SWIPES, utilizes the MOLLE vest and integrates force protection electronics and communications equipment with an advanced battery. The system utilizes a modular power distribution system that is powered by BA-8180/U, BA-8140/U Zinc-air batteries or the LI-145, BB2590 rechargeable batteries for direct power of equipment, allowing for extended mission times without the burden of power source swaps or charging due to their high energy density, and reducing battery weight soldiers carry by up to 30%. The batteries continuously charge the secondary batteries inside various devices, such as two way radios, GPS units and shot detection systems. The SWIPES product allows for individual tailoring by the warfighter and is designed to accept new applications as they become available.

SWIPES represents the Army's first attempt at managing the increased number of soldier-worn power consumers from a rechargeable central source of power. SWIPES is currently deployed in support of ongoing missions in Afghanistan and is scheduled to be fielded to over 6 Brigades as part of Capability Set 13. During evaluations at the Network Integration Exercise (NIE) 12.2, Ft. Bliss, Texas, soldiers commented that a SWIPES-equipped soldier would require only one SWIPES conformal battery for a 24 hour mission versus 5 to 6 spare radio batteries. "This drastically reduces the soldier's combat load," said Steve Mapes, Director, Soldier Power, PM Soldier Warrior.

"Reducing the load on the warfighter and simplifying the supply logistics promoted SWIPES to be one of the Ten Best Army Inventions of 2011," declared Arotech Chairman and CEO Robert Ehrlich. "The fielding of this key order confirms its effectiveness and can be anticipated to drive wide acceptance by Ground Forces," noted Ehrlich.

Source: Arotech Corporation
Date: Aug 9, 2012