Ultralife Batteries Inc. (Newark, NY) announced that Bruce Jagid has resigned as CEO and Chairman of the Board, and that the board of directors has retained executive search firm Heidrick & Struggles to assist in recruiting a new CEO. The board elected Arthur Lieberman, a co-founder and director of the company, to be the new […]
Matsushita Battery Industrial Co. Ltd. (Osaka, Japan), the manufacturer of Panasonic and National brand batteries, announced it has started mass-production of ultra-thin lithium-polymer batteries. Matsushita claims it is the first in the industry to commence mass production of the batteries, beginning this month with production capacity of 300,000 cells per month.The new batteries are 3.6mm […]
Ballard Power Systems (Vancouver, BC) announced it has received a CDN$3.5 million (US$2.3 million) contract from Nissan Motor Co. Ltd. (Japan) to supply Ballard fuel cells, related equipment and support services. Nissan plans to use the fuel cells in their research and development program for evaluation and development of fuel-cell powered electric vehicles."Nissan has been […]
Dallas Semiconductor Corp. (Dallas) announced it has concluded a patent license agreement with Toshiba Battery Co. Ltd. (Japan), covering Dallas Semiconductor's battery management technology embodied in US Patent Nos. 5,592,069 and 5,694,024. Toshiba Battery was granted a license in exchange for the payment of license fees and royalties to Dallas Semiconductor. Terms of the agreement […]
BlueStar Battery Systems International Corp. (Vancouver, BC) announced that its research and development subsidiary, BlueStar Advanced Technology Corp. (BATC), has been selected by a US Air Force/NASA consortium to develop battery technology for use in the next generation of planetary spacecraft. The 18-month contract is valued at CDN$2 million and will focus on the development […]
Acme Electric Corp. (East Aurora, NY) reported net sales for the second quarter ended January 2, 1999, of $18,803,000, compared to $22,752,000 for the same period last year. Net income for the second quarter of fiscal 1999 was $402,000, or $0.08 per share, compared to net income of $498,000, or $0.10 per share, a year […]
Yuasa Inc. (Reading, PA) introduced the DXC battery, a new wrapped calcium flat plate battery optimized for high-rate, short-duration discharges. Designed for...
SatCon Technology Corp. (Cambridge, MA) announced the appointment of Ted Lesster as Director of Engineering of the Technology Center, effective February 1, 1999. Lesster will have broad responsibilities for management and mentoring of the technical staff within the Technology Center, and for business development. Lesster is currently Chief Scientist of the Oceanic and Naval Systems […]
Battery Technologies Inc. (BTI, Toronto) announced the successful restructuring of the company's US$4.8 million long-term debt agreement with Merita Bank Ltd. Under the terms of the new agreement, the company will pay interest at a rate of 5 percent per annum on the amount of the loan with interest payable by the company on a […]
According to news reports, Mitsubishi Motors Corp. (Japan) is aiming to have a fuel-cell vehicle for sale in 2003. The automaker is reportedly quadrupling the size of its fuel-cell team from five members to 20. The company is working jointly with Mitsubishi Heavy Industries Ltd. and plans to produce a prototype vehicle in 2000. Mitsubishi […]
The Beacon Power Corp., subsidiary of SatCon Technology Corp. (Cambridge, MA) has entered an agreement with Kobe Steel Ltd. (Japan) for the evaluation of Beacon's 20C1000 Cable/Telecom Flywheel System. In addition to evaluating the flywheel system in its own laboratory, Kobe will also make the systems available to Japanese telephone, cable and wireless providers for […]
Johnson Controls (Milwaukee) introduced the new Inspira dual-battery system as one of the first of its line of "smart" batteries with IQ...
PowerCache Ultracapacitors (San Diego, CA), a part of Maxwell Technologies' (San Diego, CA) electric components group, announced that ISE Research-ThunderVolt Inc. (ISE-TVI,...
Battery Engineering Inc. (Canton, MA) introduced new 100mAh Relion Lithium Ion Polymer Batteries. The size of a credit card, the batteries incorporate...
Inverpower Controls Ltd. (Canada) reported on the company's operating results for the second quarter of fiscal 2001, ending January 28, 2001. Inverpower recorded revenue of $2.1 million for the quarter, compared to $2.0 million for the same quarter in the prior year. Excluding revenue generating by the JME product line, which Inverpower divested in fiscal […]