Artesyn Technologies (UK) has launched two new series of ac/dc external power supplies for applications that demand small, efficient outboard power sources....
SL Industries Inc. (Mt. Laurel, NJ) announced that its board of directors recently approved a series of business restructuring actions in its power eletronics group. These actions include adjusting manufacturing capacity and reducing personnel. The first of these actions involves a personnel reduction of 175 employees at the company's Condor DC Power Supplies (Oxnard, CA) […]
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 […]
SatCon Technology Corp. (Cambridge, MA) announced that it has completed its acquisition of Inverpower Controls Ltd. (Canada). SatCon paid $100,000 in cash and issued 400,000 shares of common stock as consideration for the purchase. Henceforth, the Inverpower brand name, facilities and assets will be incorporated into SatCon's power systems business unit. "We are very pleased […]
Valence Technology Inc. (Henderson, NV) announced the resignation of Jay King from the position of CFO in the company. King, who was appointed CFO in April 1999, is leaving to pursue other interests. Valence is seeking to recruit a new CFO and anticipates hiring a replacement in the near future. "We thank Jay for his […]
Artesyn Technologies Inc. (Boca Raton, FL) reported financial results for the second quarter ended June 29, 2001. Revenue for the quarter totaled $127.7 million, down from $164.3 million a year ago. The company incurred a cash loss for the quarter of $0.17 per share, compared to cash earnings of $0.32 per diluted share in 2000. […]
di/dt Inc. announced the introduction of its new Japanese-language website, http://www.didtjapan.com. The new site offers complete company information, a listing of di/dt's...
Degree Controls Inc. (Milford, NH) announced the release of the customized Tortoise Back heatsink solution for dc/dc converters used in communications applications. "Given the extreme nature of thermal management issues that the communications industry faces, new designs that resolve specific thermal problems are in strong demand," said Sam Hopp, vice president of sales and marketing. […]
Unipower Telecom (Coral Springs, FL) announced the INV5000 telecom inverter that produces 115Vac at 5,000VA in a 2U high shelf. It is...
Active Power Inc. (Austin, TX) and Marconi plc (UK) announced that the two companies have formed an alliance for Marconi to be the exclusive distributor of Active Power's 6kW high-inertia turbine dc product. This agreement will give Active Power a worldwide distribution and service partner to address the $4.0 billion dc telecommunications power market. The […]
Socomec Sicon UPS (UK) announced the introduction of its latest UPS system, the Modulys UPS. The Modulys is a modular system that features hot-swap technology. Each unit has its own built-in controller and automatic bypass and is equipped with hybrid circuits integrated into a single component. The Modulys features on-line double conversion with DSP digital […]
The Department of Energy announced a $3.0 million award to Capstone Turbine Corp. (Chatsworth, CA) to develop microturbine-powered cooling, heating, and power systems. The award is intended for the research, development and testing of packaged cooling, heating and power systems for buildings. "Capstone and the companies that it works with have already made great technological […]
NASA's $15.0 million solar-powered aircraft, the Helios, has begun its first flight over Hawaii. Designed and developed by NASA and AeroVironment Inc....