SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): February 9, 2011
Altair Nanotechnologies Inc.
(Exact Name of Registrant as Specified in its Charter)
Registrant's Telephone Number, Including Area Code:
(Former name, former address, and formal fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
TABLE OF CONTENTS
Item 1.01 Entry into Material Definitive Agreement.
On February 9, 2011, Altairnano, Inc. (“Altairnano”), a subsidiary of Altair Nanotechnologies Inc. (the "Company"), signed a contract (the “Contract”) with Inversiones Energéticas, S.A. de C.V. (“INE”) for the provision of a ten megawatt ALTI-ESS advanced battery system in El Salvador. Total revenues under the Contract are $17,967,985, to be recognized over a 14-month period following Altair’s receipt of the notice to proceed, which is expected in the next 30 days. Under the Contract, Altair is responsible for virtually all of the design, supply, labor, installation and commission of the advanced battery system. Altair will provide a one-year warranty for the entire system and an additional two-year warranty for the batteries and control system.
Item 7.01 Regulation FD Disclosure.
On February 15, 2011 the Company issued a press release entitled “INE AWARDS ALTAIRNANO FIRM CONTRACT FOR 10 MEGAWATT ENERGY STORAGE SYSTEM IN EL SALVADOR”. A copy of the press release is furnished as Exhibit 99.1 to this Current Report.
The information set forth in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Securities Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.