NORTHVILLE — Gentherm Inc. (Nasdaq: THRM), the developer of thermal management technology, said it had received a 2-year, $2.75 million contract from the United States Navy’s Bureau of Medicine and Surgery and the Naval Medical Research Center to develop an energy-efficient patient warming system.
The portable system is to be based on Gentherm’s proprietary thermal management technologies.
The company said the Navy’s goal is to upgrade its current standard of care for patient warming in support of expeditionary health services and advanced medical development. The proposed patient warming system is intended to be compatible with existing medical care systems and be used for treating patients in field hospitals or in transport by ground, ship or air to traditional, better-equipped treatment centers. The Gentherm approach, which is based on new research, exploits the body’s natural methods for thermal exchange and temperature management.
Gentherm President and CEO Daniel R. Coker noted that the medical device project represents another application and a new product category for its thermal management technologies outside the automotive industry, where Gentherm generates most of its revenue.
“This is an exciting new project for us in a new industry — healthcare and medical devices — that we have targeted as representing an important future for our broadening array of thermal management technologies,” Coker said. “We are leveraging our industry-leading expertise in thermal management, as well as our partnerships with world-class research institutions, toward a goal of bringing a completely new concept in patient warming to the market. We expect this project will expand our knowledge of thermal regulation, which is important for comfort and therapy.”
Gentherm automotive products include actively heated and cooled seat systems and cup holders, heated and ventilated seat systems, thermal storage bins, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery thermal management systems, cable systems and other electronic devices. Non-automotive products include remote power generation systems, heated and cooled furniture and other consumer and industrial temperature control applications.
Gentherm has nearly 10,000 employees in facilities in the U.S., Germany, Canada, China, Hungary, Japan, Korea, Macedonia, Malta, Mexico, Ukraine and Vietnam.
More at http://www.gentherm.com.