Sunday, April 19, 2009

Sprint Gets Energy Grant

Sprint Receives $7.3 Million in Grant from U.S. Department of Energy [TMCnet]

"For a company that continues to get beaten down in the wireless industry, Sprint may be making headway toward a more positive future. The wireless carrier announced today that it is the only one in its industry to be awarded a $7.3 million grant from the U.S. Department of Energy. ... This grant is part of the American Recovery and Reinvestment Act funding that has been earmarked for fuel cell technology. It is the largest single grant awarded by the Department of Energy for this round of grant funding, which had a total of $41.9 million."

I did get a response from Stephen E. Coran of Rini Coran, PC on this:

"To be clear, this is NOT BTOP money, but rather a grant from the Department of Energy. Different thing entirely..."

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