On May 8, 2001, Astris Energi Inc. (Canada) will be demonstrating what they claim is the world's first golf cart powered by...
Texas Instruments (TI, Dallas, TX) reported its first-quarter financial results. Pro-forma earnings per share were $0.18. Revenue was $2,528.0 million, down eight percent from $2,761.0 million in the year-ago quarter, and down 17 percent sequentially. Pro-forma operating profit was $340.0 million, down from $608.0 million in the year-ago quarter and from $683.0 million in the […]
Solectria Corp. (Wilmington, MA) has signed a strategic development and supply agreement with Maxwell Technologies (San Diego, CA) to collaboratively develop hybrid-electric drive systems incorporating Maxwell's PowerCache ultracapacitors. The agreement calls for Maxwell to deliver several thousand ultracapacitor cells immediately. James Worden, Solectria's CEO, said that Solectria also plans to develop standard power packs, consisting […]
Ballard Power Systems Inc. (Canada) and MicroCoating Technologies Inc. (MCT, Atlanta, GA) announced that they have signed an exclusive agreement to develop MCT´s proprietary combustion chemical vapor deposition process (CCVD) for use in the manufacture of Ballard fuel cells. Ballard will also acquire shares of convertible preferred stock, representing approximately three percent of the equity […]
SatCon Technology Corp. (Cambridge, MA) announced financial results for its fiscal 2001 second quarter and six-month period ended March 31, 2001. Revenue for the second quarter rose 53 percent to $11.5 million, compared with $7.5 million in the same period last year. Revenue for the six months ended March 31, 2001, increased 74 percent to […]
Generation Electronics (Lowell, MA) is offering custom-engineered battery packs that can be designed to fit into small or oddly shaped spaces, meet...
Trimol Group Inc. (New York, NY) announced that it has completed a cooperation agreement with SAGEM SA (France) to jointly develop an aluminum-air fuel cell application for SAGEM portable electronics, focusing on commercial as well as military applications. The companies anticipate commercializing aluminum-air fuel cell technology for use in portable consumer electronics to provide significantly […]
Plug Power Inc. (Latham, NY) reported financial results for the first quarter ended March 31, 2001. Net cash spending for the first quarter decreased to $16.9 million from $18.7 million during the fourth quarter ended December 31, 2000. Contract revenues for the first quarter were $1.0 million, as compared to $2.9 million for the first […]
ON Semiconductor Corp. (Phoenix, AZ) announced that total product revenues in the first quarter of 2001 were $357.0 million, a decrease of 13 percent, compared to the first quarter of 2000, and a decrease of 24 percent from the fourth quarter of 2000. Excluding amortization of intangibles, restructuring charges and the cumulative effect of an […]
American Superconductor Corp. (Westborough, MA) announced that it has received a third contract from the US Navy to continue the design and...
Evercel Inc. (Danbury, CT) announced that its revenue and net results for its 2001 first quarter will be below the company's prior expectations, reflecting delays in reaching full manufacturing capabilities of its Evertroll trolling motor batteries in its Newport News, Virginia, facility. Volume of sales of Evertrolls for the remainder of the year is uncertain […]
The Seventh China International Power Supply Exhibition (China), will be held from September 25 through 28 at the Beijing International Convention Center. Concurrent with the exhibition, the China Power Supply Society will hold its fourteenth conference. More than 500 senior specialists and entrepreneurs from all over the world are expected to converge to discuss and […]
Fairchild Semiconductor (San Jose, CA) unveiled the FAN5230 and FAN5231 chip set, a new chip set designed to convert notebook PC battery/power...
The Science and Technology Foundation of Japan will recognize Dr. John B. Goodenough with an award of 50 million yen, approximately $420,000,...
Motorola Energy Systems Group (ESG, Lawrenceville, GA) and Nexergy Inc. (Columbus, OH) announced a joint initiative to offer Energy Systems Group's complete portfolio of energy systems solutions based on lithium-ion/polymer technology to OEMs. ESG and Nexergy will provide this energy system portfolio to an expanded OEM customer base. The portfolio includes alternatives for power delivery, […]