Silicon Laboratories Inc. (Austin, TX), Analog Devices (Wilmington, MA) and 3Com Corp. (Santa Clara, CA) announced that they have settled the lawsuit originally filed by Silicon Laboratories on January 12, 2000, in the US District Court for the Western District of Texas (Austin Division). The settlement terms are confidential. The suit alleged misappropriation of trade […]
FuelCell Energy Inc. (Danbury, CT) received approval at a special shareholders meeting to increase the number of authorized shares of common stock from 20 million to 150 million. Reasons for the increase are to make additional shares available for future issuances for cash, as share dividends and stock splits, for acquisitions of property or stock […]
Online Power Supply (Englewood, CO) has introduced a new front-end PFC module, which the company claims is the only such unit that internally includes the EMI filter and hold-up capacitors. Measuring 5.7″ x 2.9″ x 1.6″, the OPS-U-500-385 PFC front-end module delivers 500W at 385Vdc at 97 percent efficiency from a universal 85Vac to 264Vac […]
Ballard Power Systems (Vancouver, BC) announced the delivery of the Mark 900 Series fuel cell power modules, valued at $1.6 million, to Nissan Motor Co. (Japan). The new Ballard Mark 900 Series incorporates Ballard's latest-generation fuel cell stack, which utilizes low-cost materials and is designed for manufacturing in automotive volumes. "Nissan continues to test and […]
SL Industries (Mt. Laurel, NJ) has announced that Jacob Cherian Jr. has been named vice president, corporate controller. Cherian succeeds James E. Morris, who retired after 22 years with the company. Cherian, 48 years old, joins SL Industries after serving since 1997 as corporate controller for Measure Specialties Inc. (Fairfield, NJ). He earned his BA […]
Beacon Power Corp. (Woburn, MA) issued an additional 1.2 million shares of common stock as a result of the exercise of the over-allotment option granted to the underwriters in the initial public offering. Proceeds from the exercise of the over-allotment option totaled $6,696,000, bringing total gross proceeds from the initial public offering from $44.6 million […]
Catalytica Inc. (Mountain View, CA) has announced the cash merger consideration in connection with Catalytica's acquisition by Synotex Co. Inc., a US subsidiary of DSM (Netherlands). Each stockholder of record at the close of business on December 15, 2000, will be receiving $10.14 in cash per share of Catalytia stock owned. In addition, those stockholders […]
Vicor (Andover, MA) has released a 24V family of second-generation dc/dc converter modules. These modules are designed for communications, process control, defense...
N2Power Inc. (Westlake Village, CA) has debuted a new product in their XL-125 Series of ultra-small power supplies. The 125W XL-125-8 incorporates universal input and PFC with outputs providing 5V at 16.5A, 12V at 5A and -12V at 0.5A. The package size is 3" x 5" x 1.25". President and CEO of N2Power David Barton […]
AVX Corp. (Myrtle Beach, SC) announces the newly improved BestCap electrochemical supercapacitor. The AVX BestCap now offers a variety of voltage options...
Felix Zandman, chairman and CEO of Vishay Intertechnology Inc. (Malvern, PA) announced that Vishay's sales and net earnings for the fourth quarter, ending December 31, 2000, would be five to seven percent lower than previously expected due to customer order cancellations and extended deliveries. Earnings per share for the fourth quarter of 2000 were estimated […]
DCH Technology Inc. (Valencia, CA) announced that Daido Metal Ltd. (Nagoya, Japan) and DCH's wholly owned subsidiary, Enable Fuel Cells Corp. have finalized their joint venture agreement. The announcement was made to the Asian press in Nagoya, Japan. DCH Chairman David Haberman and Daido President Segio Hanji formally launched the NeWave Fuel Cell Corp. (Japan) […]
AER Energy Resources Inc. (Smyrna, GA) announced today that it has delivered 25 prototype primary zinc-air batteries with diffusion air managers, ordered by a leading Japanese consumer electronics company. This milestone is part of the joint evaluation agreement between the two companies, and fulfills the prototype battery order announced in July 2000. The two companies […]
Ault Inc. (Minneapolis, MN) reported net sales of $26.3 million for the second quarter of fiscal 2001 ended November 26, 2000, an increase of 83 percent from $14.4 million for the second quarter of fiscal 2000 ended November 28, 1999. The second-quarter increase followed year-over-year sales growth of 60 percent in this year's first quarter, […]
EMCORE Corp. (Somerset, NJ) announced the receipt of an additional $12.0 million order from Space Systems/Loral (SS/L, Palo Alto, CA) for high-efficiency, triple-junction solar cells. The solar cells will be used by SS/L to provide power in space for advanced communications satellites. EMCORE claims that their gallium arsenide triple-junction solar cells provide more power than […]