This is a simple 4 cell AA battery holder. The 5 inch cable is terminated with a standard 5.5x2.1mm, center positive barrel jack connector.
The connector mates with the barrel jack on the Arduino (among a number of other products) allowing you to easily make your project battery powered.
Note: the average voltage regulator has about 1V of dropout (but can vary greatly). This pack, with normal alkaline batteries, will output ~5.5V causing a normal 5V board to run at around 4 to 4.5V. This depends a lot of what board and processor you are using with the battery pack. Please consult yer datasheet.
If you are interested in Internet of Things (IoT) or M2M projects check our open source sensor platform Waspmote which counts with more than 100 sensors available to use 'off the shelf', a complete API with hundreds of ready to use codes and a low consumption mode of just 0.7µA to ensure years of battery life.
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