OnLine Power Supply Inc. (Centennial, CO) announced financial results for the quarter ended September 30, 2002. The company reported revenue of $1,585,376 in the third quarter of 2002, compared to revenue of $279,745 in the second quarter of 2002 and $946,734 in the third quarter of 2001. Gross profit in the third quarter was $548,753, […]
Fuel Cell Technologies Corp. (FCT, Kingston, ON) announced that it has entered into an engagement agreement with National Bank Financial Inc. and Acumen Capital Finance Partners Ltd. for a private placement that provides for the issuance of $3.2 million to $4.0 million worth of units at a price of $0.46 per unit. Each unit consists […]
QuestAir Technologies Inc. (Burnaby, BC) announced that its commercial HyQuestor® hydrogen purification system has been installed as a key component of the Hydrogen Energy Station in Las Vegas, NV, the first integrated hydrogen vehicle fueling and power generation facility in North America. A formal dedication ceremony for the Energy Station was held at the West […]
National Semiconductor Corp. (Santa Clara, CA) and ARM Ltd. (Cambridge, UK) announced a strategic business relationship to jointly develop and market power-efficient...
Kamaya Electric Co. Ltd. (Japan) introduced the FCC10 Series of 0402 chip fuses that occupy a footprint of 1mm x 0.5mm and come with a profile of 0.4mm, enabling them to be used in protection circuits of space-constrained applications such as PDAs and notebooks. The devices are rated from 0.4A to 3.15A and handle 250 […]
Rockwell Automation Inc. (Milwaukee, WI) introduced its new line of 1492-SPU miniature circuit breakers that provide cost-effective protection while conserving panel space. Suitable for applications that require branch circuit protection complying with UL and CSA standards, the 1492-SPU miniature circuit breakers may be sized to protect power-limited circuits and control circuits. In addition to protecting […]
Avista Corp. (Spokane, WA) announced that the company's board of directors has elected Senior Vice President Malyn Malquist as Chief Financial Officer, effective November 15, 2002. Malquist joined Avista in late September and succeeds Avista Senior Vice President Jon Eliassen as CFO. Eliassen will remain with the company to ensure an orderly transition and will […]
HiTek Power (Santee, CA) announced its new CC1000 Series of high-voltage capacitor chargers, which feature high-frequency switching techniques that combine power-factor correction...
Dynex Power Inc. (Ottawa, Canada) announced that, subject to regulatory approval, the company has raised $250,000 through a private placement of one million common shares at $0.25 per common share. A large portion of the shares are being purchased by the directors of the company. The net proceeds from this placement will be used for […]
Superior MicroPowders LLC (SMP, Albuquerque, NM) announced the launch of its latest electrocatalysts, developed for use in direct-methanol fuel cells (DMFCs). The...
Mechanical Technology Inc. (Albany, NY) reported financial results and progress for its third quarter ended September 30, 2002. For the three months ended September 30, 2002, the company reported a net loss of $4.2 million, or $0.12 per diluted share, on revenues of $1.5 million, compared with a net loss of $4.7 million, or $0.13 […]
Ballard Power Systems Inc. (Vancouver, BC) and Millennium Cell Inc. (Eatontown, NJ) have successfully completed a joint development agreement. The two companies have moved into a new phase of their business relationship, with Ballard obtaining a licensing option for Millennium Cell's Hydrogen on Demand™ hydrogen fuel system and making a strategic investment in Millennium Cell. […]
American Power Conversion Corp. (APC, West Kingston, RI) announced enhancements to its Smart-UPS uninterruptible power supply (UPS) line with the introduction of a rack-mountable unit that offers a full 4,000W of power and scalable extended runtime. The Smart-UPS 5kVA XL provides performance power protection for rack-mounted, business-critical equipment, such as servers, networking and telecom systems, […]
C&D Technologies Inc. (Raleigh, NC) announced its new high-performance, dual-output, 60W, WPA60 dc/dc converter that meets EN60950, UL60950 and CSA safety requirements,...
Plug Power Inc. (Latham, NY) and H Power Corp. (Belleville, NJ) announced that they have entered into a definitive merger agreement pursuant to which Plug Power would acquire H Power in a stock-for-stock exchange valued at approximately $50.7 million. The two companies believe that the combination of the two leaders in the PEM fuel cell […]