On January 21, 2019, UQM was acquired by Danfoss, Formerly known as Unique Mobility, Inc., UQM Technologies went public on the NYSE after having been quite actively SBIR involved and for over a decade longer. As a practical matter, by virtue of their relativelylow employment, they are in fact still SBIR eligible. The Corporation develops, manufactures, and sells electric motors, generators, power electronic controllers, and fuel cell compressors in the United states and internationally offering propulsion motors and generators, auxiliary motors, and electronic controls and DC-to-DC converters for electric, hybrid electric, plug-in hybrid electric, and fuel cell applications. The firm also provides research, development, and application engineering contract services for strategic partners, customers, and the United States government. UQM sells its products to original equipment manufacturers (OEMs), tier 1 suppliers of OEMs, and vehicle integrators in various markets, including passenger buses, mining vehicles, marine, military, aircraft HVAC, automobiles, and other markets, as well as commercial trucks, vans, and shuttles. UQM Technologies, Inc. has a strategic alliance with Meritor, Inc. to develop full electric axle systems
