Electric Fuel Corp. (New York, NY) announced that it has signed a settlement agreement with Electrofuel Inc. (Canada) in connection with ongoing trademark-infringement litigation that will now be dismissed. Under the settlement, Electrofuel will discontinue its use of Electrofuel as a trademark or company name in connection with batteries within six months. Electrofuel may continue […]
Sanyo Energy USA Corp. (San Diego, CA) has launched a new database on its website designed to give engineers the ability to...
H Power Corp. (Clifton, NJ) announced the opening of its new manufacturing and testing facility in Monroe, NC. The custom-built, 90,000sqft facility will be used to manufacture stationary, portable and mobile fuel cell products. H. Frank Gibbard, CEO of H Power, commented, "We are pleased to have reached another milestone in the company's development as […]
Axiomatic Technologies Corp. (Canada) announced the release of microprocessor-based, variable-speed dc motor controls for battery-powered electric vehicles, including small pallet trucks, sweepers,...
Matsushita Electric Ind. Co. Ltd. (Japan) announced the new EEG TC and XC Series of screw-terminal aluminum electrolytic capacitors. These devices are...
Microsemi Corp. (Santa Ana, CA) reported financial results for the quarter ended July 1, 2001. Net sales for the quarter were $60.1 million. Net sales from continuing business for the quarter were $59.5 million, compared with $59.9 million in the third quarter of 2000. Third quarter pro-forma net income increased 39 percent to $4.9 million, […]
The board of Texas Instruments Inc. (Dallas, TX) declared a quarterly cash dividend of $0.02125 cents per share of common stock. The dividend will be payable August 20, 2001, to stockholders of record on July 31, 2001.
Ballard Power Systems (Canada), Shell Hydrogen (Netherlands) and Westcoast Energy Inc. (Canada) announced the creation of Chrysalix Energy Limited Partnership (Canada), a...
EnerSys Inc. (Reading, PA) has launched an addition to its line of Phoenix batteries that is claimed to increase performance up to...
The 17th Annual Battery Conference on Applications and Advances, sponsored by the department of electrical engineering at California State University (Long Beach, CA), will be held from January 15-18, 2002. The conference will feature two parallel tracks of 11 technical sessions. Track A will address high-power systems and Track B will address low-power systems. Engineers, […]
Lithium Power Technologies Inc. (Manvel, TX) announced that the Ballistic Missile Defense Organization's (BMDO) small business innovation research program has sponsored a Phase I contract to design and develop new power-source technologies for satellites. Lithium Power Technologies intends to develop flexible, energy-dense, powerful and lightweight modular components for anti-missile defense applications, next-generation military applications, space […]
Yardney Technical Products Inc. (Pawcatuck, CT) has been selected by Northrop-Grumman Air Combat Systems (Palmdale, CA) to develop, qualify and deliver high-performance, rechargeable lithium-ion batteries, battery management circuits and battery chargers to meet the requirements of the B-2 bomber. A key element in the selection of Yardney's technology was the extent of Yardney's efforts to […]
United Technologies Corp. (UTC, Hartford, CT) reported a 16-percent increase in second-quarter 2001 diluted earnings per share to $1.16, versus $1.00 in the same quarter of last year. Earnings per share rose 19 percent before the impact of foreign-currency translation, which reduced earnings by $0.03 per share. Net income for the second quarter was $588.0 […]
Altair International Inc. (Cody, WY) announced that it believes it has solved the material mismatch problem for solid-oxide fuel cells (SOFC). The company can use its 20-nanometer Yttria Stabilized Zirconia (YSZ) to form the electrolyte, and using the same process with different thermal and chemical controls, also make the substrates for the anode and cathode […]
Evercel Inc. (Danbury, CT) announced that Garry Prime has been elected president and CEO of the company. Robert Kanode, who has been president and CEO since April 1999, has resigned effective July 18, 2001. Prime is president of Sontek Industries Inc. (Hingham, MA). He has led several successful turn-arounds of both public and private companies […]