A123: The IPO That Jumpstarts the Greentech Era? -- Seeking Alpha: "A123’s product line ranges from 3.6Wh batteries for portable power applications to larger 65Wh batteries for electric vehicles. The company is also developing multi-megawatt battery systems for utilities that can provide electric grid services including standby reserve capacity and frequency regulation.
Despite the losses, it is reasonable to expect the IPO to come to market in Q3 or Q4 of this year. It is reasonable given A123’s revenue, the government and industry focus on smart grid, and the pent up demand for a greentech IPO. Though it would be nice if they could show a clear route to profitability."
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