Quantum Technologies (QTWW) has signed a $10.2 million contract to finish developing hybrid powertrains for Fisker automotive.
The money from this deal will be used to put the final touches on its proprietary Q-Drive, plug-in hybrid system that with be used in the Fisker Karma.
Fisker is a joint venture with Quantum, so this contract appears to be a shuffling of money from one part of the business to the other.
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