Kollmorgen Corp. (Waltham, MA) recently announced that it has contracts to build high-performance motors for two new lines of electric bicycles. Kollmorgen will supply custom electric motors for the US Pro Drive electric bike line from Currie Technologies Inc. (Van Nuys, CA) and for the eBike line from EV Global Motors Co. (Los Angeles). The […]
DaimlerChrysler (Germany) recently introduced the Dodge ESX3 concept car with a hybrid-propulsion system provided by Delphi Automotive Systems (Troy, MI). Delphi, working as a supplier to DaimlerChrysler and the US Department of Energy (DOE, Washington, DC), developed the Energen Hybrid-Electric Propulsion System components for the ESX3, a third-generation PNGV concept car. The Energen Hybrid-Electric Propulsion […]
TelCom Semiconductor Inc. (Mountain View, CA) recently announced that it has filed a registration statement with the Securities Exchange Commission (SEC) relating to a proposed offering of 3,190,000 shares of its common stock. According to the company, three million of the shares are being offered by the company and 190,000 are being offered by selling […]
Kollmorgen (Radford, VA) recently announced the release of a new motor, the Kollmorgen GoldLine DDR (Direct Drive Rotary) brushless servomotor. The motor has peak torque ratings from 12.5lb. ft. to 225.0lb. ft. Frame sizes are available from 6.9 inches to 11.2 inches. According to Kollmorgen, typical applications for the device are rotary tables, robots and […]
Lambda Electronics (Melville, NY) recently announced it has been chosen by Rockwell (Milwaukee, WI) and the US Navy Office of Naval Research (Arlington, VA) to take part in a research project to develop three distinct point-of-use power-conversion technologies for broad commercial and defense applications. Lambda will work with the program to commercialize power-supply innovation for […]
SL Industries Inc. (Mt. Laurel, NJ) announced financial results for the two-month and five-month periods of its "stub" year ended December 31, 1999. Revenue for the two months ended December 31, 1999, increased 47 percent to $28,814,000, a new record for the period, from $19,569,000 for the same two-month period of 1998. Net income was […]
STMicroelectronics Inc. (Dallas, TX) recently reported financial results for the fourth quarter and year ended December 31, 1999. Net revenues increased 30.5 percent to $1,478.2 million in the 1999 fourth quarter, up from $1,132.7 million in the year-ago period. This represents a sequential net-revenue increase of 16 percent in comparison to the 1999 third quarter. […]
Unique Mobility Inc. (Golden, CO) recently announced that it has received an order from a tier-one automotive supplier for an additional 50 fuel cell compressor drive motors developed by the company last year. According to Unique, nearly all fuel cell developers use an air-transfer system to facilitate the chemical reaction inside the fuel cell that […]
American Superconductor Corp. (Westborough, MA) announced that it has filed a registration statement with the Securities and Exchange Commission to make an offering of shares of its common stock expected to generate net proceeds to the company of approximately $75.0 million.According to the company, proceeds from the offering will be used for a new plant […]
New York City Transit announced it has ordered 125 buses equipped with a hybrid electric drive system that is designed to dramatically reduce emissions and fuel consumption while improving performance and reducing maintenance costs.The buses will be equipped with the HybriDrive propulsion system, produced by Lockheed Martin Control Systems (Johnson City, NY). The system is […]
SatCon Technology Corp. (Cambridge, MA) recently announced that it has established a new operating division, the Advanced Fuel Cell Power Products Division, formerly HyComp (Marlborough, MA).SatCon builds power converter modules for use in residential fuel cell power generation systems. The company claims the modules can also be sized for commercial applications including small businesses, factories, […]
Ballard Power Systems (Vancouver) recently announced that Ford Motor Company (Dearborn, MI) presented a new prototype vehicle powered by Ballard's next generation fuel cell, the Mark 900, at the North American International Auto Show in Detroit.The Th!nk FC5 is a family size sedan powered by a fuel cell system which was manufactured by Ballard, DaimlerChrysler […]
Unique Mobility Inc. (Golden, CO) recently announced that its hybrid electric motor/generator is featured in the General Motors Precept Technology Demonstration Vehicle introduced at the 2000 North American International Auto Show in Detroit.According to the company, the GM Precept is a fully functional hybrid electric five-passenger family sedan designed to achieve 80mpg. The company claims […]
SatCon Technology Corp. (Cambridge, MA) recently announced that it has retained Thomson Financial Investor Relations as its investor relations counsel."We are excited to announce our engagement of Thomson Financial Investor Relations as we seek to embark on a more pro-active dialogue with the investment community," said David Eisenhaure, president, chairman and CEO of SatCon. "We […]
Invensys (London) announced its first set of interim results since being formed in February 1999. The company reported sales of 3.4 billion pounds, up 6.6 percent. Operating profits were up 6.4 percent to 516 million pounds and order intake was up eight percent to 3.6 billion pounds."Our first half year progressed well as we grew […]