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Altair contract extension

NNBW staff

Altair Nanotechnologies, Inc. of Reno said last week it agreed to a 90-day extension of a contract to provide an advanced battery system to a utility in El Salvador.

The contract will give more time for the utility, Inversiones Energeticas, S.A. de C.V., to work out regulatory issues.

Altair values the contract at $18 million.