In December 5, 2014, Lithium Technology Corporation (OTC:LTHU) filed for Chapter 11 which was converted to Chapter 7 in June 2015. In July, 2002, Lithium Technology Corporation acquired German lithium polymer battery company remaining major operation location in USA and subsidiary capacity in Germany. The LTC-GAIA combination had resulted in lithium-ion and lithium polymer technologies, product development, manufacturing processes, know-how, market positioning and sales efforts. The Company's products were aimed at the national security systems, transportation and stationary power markets with a particular focus on the United States and European.
