Hybrid electric sales grow at SatCon

SatCon Technology Corp. said today it has received $1.2 million in orders for components used in producing hybrid electric vehicles.

The Boston firm designs, develops, and manufactures electronics products and custom electric motors; some of its products are marketed under its Magmotor brand name.

"We are pleased to see that our electric and hybrid electric vehicle business is growing," chief executive David Eisenhaure said in a statement. "We are excited about our progress in becoming a significant supplier into the alternative energy market with our photovoltaic electronics."
(By Chris Reidy, Globe staff)