The transportation division of Bombardier Inc. (Montreal, Canada) has won a $757.0 million contract to manufacture electric rail cars for a UK...
Astris Energi Inc. (Mississauga, ON) announced that after two years of beta testing its TESTMASTER family of test loads, test cells and control software, it has introduced the new model, the TL4A Test Load, for fuel cells and batteries. The TL4A Test Load has evolved from its model TL4, which was extensively tested and evaluated […]
Fairchild Semiconductor International (South Portland, ME) introduced the Custom Power Solutions Sample Kit, a new on-line tool for ordering multiple power product...
Modine Manufacturing Co. (Racine, WI) announced that it will supply thermal management components to Ballard Power Systems Inc. (Vancouver, BC) for use on fuel cell buses. Modine's components will be installed on the 250kW Citaro hydrogen-powered bus, which is being produced by DaimlerChrysler Corp.'s (Auburn Hills, MI) subsidiary, EvoBus GmbH. "This is an important developmental […]
Millennium Cell Inc. (Eatontown, NJ) announced that it has completed a $15.0 million private placement that will make sufficient funds available to sustain company operations through 2004, to the point at which the company projects cash self-sufficiency. The company will receive $3.0 million at closing from the sale of common stock and $12.0 million in […]
Enova Systems Inc. (Torrance, CA) announced the success of its recent drive for increased capitalization, raising more than $4.0 million. Enova will apply a substantial portion of the investment capital to expand its product base, customer service and support. Additional financial resources remain targeted toward the research and development, and to meeting the production requirements […]
Metallic Power Inc. (Carlsbad, CA) announced that it has completed tests of what the company believes is the world's first refuelable, on-road,...
SatCon Technology Corp. (Cambridge, MA) announced that it was selected by the US Department of Energy to develop an optimized hybrid-electric vehicle (HEV) drive train. The objective of the program is to incorporate SatCon's new motor and electronic control technologies into an advanced electric drive train for HEVs that will operate more efficiently over the […]
Infineon Technologies AG (Munich, Germany) announced the appointment of Robert LeFort as President of Infineon Technologies North America Corp. LeFort, who joined Infineon in 2000, will be responsible for the North American headquarters business activities, serving key customers throughout the region. LeFort succeeds Jan du Preez, who left the company to pursue other career opportunities. […]
Altair Nanotechnologies Inc. (Reno, NV) announced that its board of directors has approved the formation of a technical advisory board, which will be comprised of a variety of respected scientists and technologists from diverse disciplines and industries, who will assist management in reviewing potential projects and new technology concepts, as well as providing a wealth […]
Stuart Energy Systems Corp. (Toronto, Canada) announced its consolidated financial results for the fiscal year ended March 31, 2002. Revenue in the fourth quarter of fiscal year ending March 31, 2002, was $3.9 million, compared to $4.8 million in the fourth quarter of the fiscal year ending March 31, 2001. Revenue for the fiscal year […]
RF Monolithics Inc. (Dallas, TX) reported net income for the third quarter ended May 31, 2002, of $623,000, or $0.09 per diluted share, compared to a net loss of $534,000, or $0.08 per diluted share, for the third quarter of the prior year. The company reported sales for the third quarter of $10.4 million, compared […]
Fairchild Semiconductor International (South Portland, ME) announced it has captured the number one worldwide market position in power transistors, as reported by market research firm Gartner Dataquest. Fairchild increased its 2001 power transistor revenues by more than 42 percent over the previous year, allowing the company to advance in the Gartner rankings from its former […]
Diodes Inc. (Westlake Village, CA) announced updated guidance for the second quarter of 2002 at its annual meeting of shareholders. The company now expects to report double-digit sequential revenue growth for the second quarter, up from the previous guidance of approximately four percent. The growth is primarily due to strength in the North American market. […]
IXYS Corp. (Santa Clara, CA) announced the completion of its acquisition of Clare Inc. (Beverly, MA). Under the terms of its merger agreement with Clare, IXYS acquired all of the outstanding stock of Clare in a tax-free merger. Each share of Clare common stock was converted into the right to receive 0.49147 of a share […]