Airline battery system set to save billions

A Norfolk aerospace company is flying high with its latest invention which it claims could save the world's airline industry $1bn a year.
The staggering figure is the proud boast of Peter Stokes, chief executive of STG Aerospace, whose business is confounding the credit crunch and expanding its product range and profits.
The company's first product SafTGlo, luminescent floor strips which guide passengers to safety in the event of an aircraft emergency, is now an essential feature of more than 5,000 planes - nearly one third of the world's operating aircraft.
STG's figures to December show a ninth successive year of growth with profits exceeding £4m, up 11pc on last year.
Now the Swaffham-based company believes it is set to make its second major impact on the airline industry.
After five years and £1.2m spent on development, STG is rolling out its new emergency aircraft lighting system called Wireless Emergency Primary Power System (WEPPS).
The system has already won the Crystal Cabin Award, which recognises excellence in aircraft interior innovation, and has been welcomed by the industry as a major money-saving breakthrough.
STG Aerospace, based in Swaffham, has developed a new battery system that could save the airline indistry $1bn a year. Chief executive Peter Stokes, who developed the system with his team, is pictured here holding his glow-in-the-dark lighting system. Pho
“It has been fitted in Canada, America and India,” continued Mr Stokes. “I estimate we already have somewhere in the region of £10m potential orders.”
21/11/08 Norfolk Eastern Daily Press, UK

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Categories: Foreign Nov 2008