Quantum announces launch, initial order of collar mounted CNG tanks Quantum Fuel Systems Technologies announced that it has launched a new line of Q-Lite CNG storage tanks which can be collar mounted for both back-of-cab systems and side rail-mounted systems. Quantum has received an initial order for the new collar mounted tanks and anticipates initial shipments to begin near the end of this month for a high volume CNG integrator.
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Quantum reports Q4 EPS (33c), consensus (10c) Reports Q4 revenue $12.72M, consensus $10.73M. The company's backlog for products associated with CNG fuel storage tanks and systems was $13M at December 31, 2013.