TechSys Inc. (Florham Park, NJ) announced that in conjunction with its partner Adelan Ltd. (Birmingham, England), the company has approved plans and is providing funding for the immediate expansion of Adelan's laboratory facilities at Birmingham's Research Park to advance technology development, product engineering and eventual production of its solid-oxide fuel cell (SOFC) products. "Adelan is […]
The US Environmental Protection Agency (EPA,Washington, DC) awarded a $10,000 grant to promote the use of fuel cells that will help improve air quality in Houston. The grant recipient, Houston Advanced Research Center (HARC, Houston, TX), is a nonprofit organization working with 10 universities and medical centers on fuel cell research and technology development. HARC's […]
Battery Technologies Inc. (BTI, Ontario, Canada) has entered into an exclusive development agreement with RBC Technologies (College Station, TX) to conduct research and development into new, rechargeable alkaline chemistries. BTI is the inventor, developer and owner of the patented rechargeable alkaline manganese battery technology on which it holds 43 patents related to chemistry, product design […]
Motorola Labs (Tempe, AZ) researchers have been notified that a Power and Energy Alliance Consortium that they have formed with Honeywell International Inc. (Phoenix, AZ), Engines and Systems, SAIC, the Massachusetts Institute of Technology (Cambridge, MA) and others has been awarded an eight-year, $49.0 million dollar cooperative agreement by the US Army Robert Morris Acquisition […]
Ault Inc. (Minneapolis, MN) announced its new BCM family of wide-range battery chargers for NiMH and NiCd topologies. The BCM Series includes...
ZAP (Sebastopol, CA) announced that the Walt Disney movie The Princess Diaries features a ZAPPY electric scooter. The opening scenes of the...
Tyco International Ltd. (Bermuda) plans to cut nearly 11,300 jobs while closing or consolidating nearly 300 plants in connection with acquisitions made during the current and previous fiscal years. In connection with the 2001 acquisitions, which include, among others, Lucent Technologies's (Allentown, PA) power systems division, Tyco plans to cut 8,394 jobs and close 225 […]
Proton Energy Systems Inc. (Rocky Hill, CT) announced results for its second quarter ended June 30, 2001. Revenues for the second quarter ended June 30, 2001, were $555,000 compared to revenues of $131,000 for the same period last year. Net loss attributable to common shareholders for the second quarter was $1,171,000, or $0.04 per share […]
The board of directors of Exide Technologies (Princeton, NJ) voted a cash dividend for its first fiscal quarter of 2002 of $0.02 per share of common stock, payable September 5, 2001, to shareholders of record on August 23, 2001.
Plug Power Inc. (Latham, NY) announced the appointment of Anastasia Song to the company's board of directors, effective August 9, 2001. Song is a director at Global Capital Finance Americas LLC, a privately owned international asset-based financial advisory firm. Song has more than 20 years' experience in the corporate finance industry, specializing in energy/utilities and […]
Delphi Automotive Systems (Flint, MI) and Battelle (Columbus, OH) have been selected by the US Department of Energy (DOE, Washington, DC) to receive a 10-year, $74.6 million cost-share contract from the DOE to assist in the further development of solid-oxide fuel cell (SOFC) technology. According to the DOE, exact cost sharing and other terms of […]
Fuel Cell Technologies Corp. (FCT, Ontario, Canada) announced it has received an award of approximately $6.5 million (US$4.5 million) by the Solid State Energy Conversion Alliance (SECA) of the US Department of Energy (DOE, Washington, DC). The award is to carry out the first four years (Phase 1) of a planned 10-year program. FCT is […]
Catalytica Energy Systems Inc. (Mountain View, CA) reported financial results for the second quarter ended June 30, 2001. Revenues for the second quarter of 2001 grew to $2,212,000, from $1,158,000 reported for the same period of the prior year. Net loss for the quarter was $2,871,000, or a loss of $0.22 per share. Net loss […]
Altair International Inc. (Cody, WY) announced that its board of directors has approved a name change to Altair Nanotechnologies Inc. The name of the company's wholly owned subsidiary will also be changed, from Altair Technologies to Altair Nanomaterials Corp. "The Altair corporate vision is to become the leading supplier of nanoparticle materials worldwide. The name […]
Matsushita Electric Ind. Co. Ltd. (Japan) announced the BR2450A, a high-capacity, high-durability, polycarbon monofluoride, coin-cell lithium battery. The BR2450A is especially optimized for tire air-pressure-sensor devices. It can also be employed as a memory backup-power supply for vehicle-mounted electronic devices. Matsushita reports that the BR2450A has leakage resistance three times better than its previous products. […]