AFS Trinity is developing Fast Energy Storage for vehicular, spacecraft and stationary power systems that utilize batteries, flywheels and ultracapacitors. The Company has conducted programs with private and government organizations including DARPA, NASA, the U.S. Navy, U.S. Army, U.S. DOT, California Energy Commission, Oak Ridge National Laboratories, Lawrence Livermore National Labs, Honeywell, Lockheed, and Ricardo. American Flywheel Systems, Inc (AFS) received the first patent ever given for a flywheel battery in 1992 and merged with Trinity Flywheel Power to create AFS Trinity Power in 2000. Although AFS Trinity is not currently using flywheels in systems that are designed for consumer cars, it is actively engaged in developing flywheel power systems for Formula One Racing (F1) and is currently developing such a system for one of the world's top F1 teams. AFS Trinity and Ricardo, Inc. have a Technology Partnership Agreement by which Ricardo is helping integrate AFS Trinity's Extreme Hybrid drive train technology into passenger cars and SUVs. The first result of this collaboration is the XH-150, a 150 MPG plug-in hybrid SUV prototype that was unveiled by AFS Trinity on January 13, 2008 at the North American International Auto Show (NAIAS). AFS Trinity's Extreme Hybrid technologies are the subject of ongoing United States and international patent filings.