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Business/Financial

Electric Tank Delivered to Korea’s Hyundai Rotem

DDN

Friday, December 7th, 2007

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Leo Motors Inc. (LEOM) announced it has delivered an advanced working prototype electric multipurpose strategic vehicle/tank to Hyundai Rotem, one of the largest companies in the Korean defense industry. The multipurpose strategic electric vehicle was developed by Leo Motors and Hyundai Rotem using key technology and systems which could be required for next generation battle field operations, potentially opening a new era in the defense industry with multi-use advanced tactical remote deployable robotic assets, the company said in a Dec.…

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