Ballard Power Systems Inc. (Vancouver, BC) announced that its Transportation Division has signed a three-year agreement valued at $69.1 million (US$43.9 million)...
Ener-Tek International, the holding company for Yardney Technical Products Inc. (Pawcatuck, CT) and Lithion Inc. (Pawcatuck, CT), has officially separated the two subsidiaries. The move will enhance each subsidiary's ability to have a more focused approach in their marketing and development efforts. The Yardney division will be operated by Alex Karpinski. In his new role […]
Evercel Inc. (Danbury, CT) reported third-quarter revenue of $29,000. Net loss available to common shareholders was $18.1 million, or $1.73 per basic and diluted loss per share, which includes a non-recurring charge of $15.1 million on a consolidated basis, or $1.44 per basic and diluted loss per share, for costs associated with the shutdown of […]
NESS Capacitor Co. Ltd. (Suwon, Korea) introduced its new 2.7V ultracapacitors with a continuous operating-voltage rating higher than 2.5V and available in 1,700 Farad, 3,500 Farad and 5,000 Farad capacitance sizes. The 5,000 Farad model has an energy density of 5.8Wh per kilogram, and an ESR value of only 0.4 milliohms, at curents of over […]
Boeing Co. (Seattle, WA) reported plans to develop and test an electrically powered airplane to see if fuel cell technology can make jets more environmentally friendly. The goal will be to use fuel cells and electric motors for auxiliary power instead of gas turbines. "Fuel cells show the promise of one day providing efficient, essentially […]
Ballard Power Systems Inc. (Vancouver, BC) announced that its shareholders have approved the acquisition of the interests of DaimlerChrysler Corp. (Auburn Hills, MI) and Ford Motor Co. (Dearborn, MI) in XCELLSIS (Vancouver, BC) and Ecostar Electric Drive Systems (Dearborn, MI), to become the world leading supplier of complete vehicular fuel cell engines, and to offer […]
Wilson Greatbatch Ltd. (Clarence, NY) received a 10-percent increase in stock, to $29.52, after Guidant, one of the world's top makers of pacemakers and other cardiovascular lifesavers and Wilson Greatbatch's biggest customer, reported that the market for its new implantable defibrillators could potentially double. Wilson's stock had previously gone down 10 percent after the announcement […]
Zetex Semiconductors (UK) announced the new ZXCT 1010, which provides a simple and cost-effective means of accurately measuring load current with a...
DuPont (Wilmington, DE) contributed an additional $5.0 million in a second round of funding for MTI MicroFuel Cells Inc., a subsidiary of Mechanical Technology Inc. (Albany, NY). DuPont contributed additional cash to maintain its six-percent ownership position in MTI Micro. Mechanical Technology also reinvested during the round, maintaining the company's controlling position in its subsidiary. […]
Three companies are recalling about 13,000 batteries used for notebook computers because they can overheat and catch fire. The companies – Bizcom Electronics Inc. (Milpitas, CA), Sceptre Technologies Inc. (City of Industry, CA) and Systemax Inc. (Port Washington, NY) – have received reports of minor property damage from the batteries overheating, smoking or catching fire […]
Toyota Motor Corp. (Tokyo, Japan) unveiled its new ES3 concept vehicle at the 2001 Tokyo Auto Show. The new ES3 is powered...
Electric Fuel Corp. (New York) began testing of its full-sized electric bus in Las Vegas, NV, to showcase Electric Fuel's new bus to transit operators and industry representatives. With a capacity for 40 seated and 37 standing passengers, Electric Fuel's 40ft bus utilizes a patented zinc-air fuel cell system that stores and produces sufficient energy […]
Power Paper Ltd. (Tel Aviv, Israel) has developed a battery that can be printed directly onto paper, plastic or other flexible material....
SatCon Technology Corp. (Cambridge, MA) announced that it has received an order for 23 PowerGate power-conversion units from H Power Corp. (Clifton, NJ). SatCon has been working with H Power for the past year and has delivered initial prototype units for evaluation. "This is another step in the process of commercializing fuel cell power generation […]
Electrofuel Inc. (Toronto) reported a rise in shares of 19 percent following announcement of an agreement with Micro Warehouse Inc. to resell Electrofuel's PowerPad line of products in Canada and the US. Electrofuel's PowerPad line consists of external batteries that can run a personal laptop computer for up to 18 hours. "Micro Warehouse's expertise in […]