O2Micro International Ltd. (George Town, Grand Cayman) reported its financial results for the first quarter ended March 31, 2002. Net sales for the first quarter were $16.1 million. First-quarter revenue of $16.1 million was an increase of five percent over the preceding quarter, and 83 percent over the comparable quarter of the prior year. Earnings […]
PowerDsine Ltd. (Farmingdale, NY) introduced a second-generation of power-over-LAN hubs offering remote SNMP management capabilities in a smaller form factor. The new PowerDsine 6024, 6012 and 6006 (24-, 12- and 6-port configurations, respectively) power-over-LAN hubs are claimed to be the first and only IEEE 802.3af standard-compliant midspan devices in the market. The new midspan family […]
California Micro Devices Corp. (Milpitas, CA) announced the addition of a low-noise, power-management device to its Power Wise Regulator family for mobile...
Microsemi Corp. (Irvine, CA) announced that its Integrated Products business unit has been certified as meeting the requirements defined in the QS 9000 quality system standards used in the automotive industry. "We were particularly motivated to pursue QS 9000 certification because our RangeMAX lighting power management and AudioMAX Class D audio products are finding their […]
Advance-Galatrek (UK) unveiled its latest range of 110V transient voltage surge suppressors (TVSS) for its StrikeSafe Series, specifically designed for applications such as industrial and manufacturing sites. The StrikeSafe range of 110V TVSS devices is available in a variety of formats and capacities, suitable for the wide installation base of industrial equipment that uses a […]
Plug Power Inc. (Latham, NY) reported financial results and accomplishments for the first quarter ended March 31, 2002. Net cash spending for the first quarter ended March 31, 2002, decreased to $8.0 million from $16.9 million during the first quarter of 2001, and from $11.7 million during the fourth quarter of last year. Plug Power […]
Proton Energy Systems Inc. (Rocky Hill, CT) announced its first-quarter 2002 results. Revenues for the first quarter ended March 31, 2002, were $938,000, compared to revenues of $239,000 for the same period last year. The increase is primarily related to the increase in contract revenue associated with the company's US Department of Energy and Naval […]
XPiQ Inc. (Holliston, MA) announced that it has acquired the business and certain assets of Switching Systems International Inc. (SSI, Anaheim, CA)....
Angstrom Power Inc. (Vancouver, BC) announced that it has secured $2.85 million in its first round of financing. Angstrom is applying micro-fabrication techniques to create a novel micro-structured fuel cell system based on patented architecture, which will have favorable operating characteristics and higher power densities, while being simple and inexpensive to manufacture. Initial target applications […]
Caterpillar Inc. (Peoria, IL) and FuelCell Energy Inc. (Danbury, CT) have formalized and expanded their agreement to distribute and develop ultra-low emission...
Fluke Corp. (Everett, WA) acquired Reliable Power Meters (RPM, Los Gatos, CA) for an undisclosed price. The sale of the power quality monitoring and analysis technology manufacturer was finalized April 15. Fluke plans to integrate RPM's product line into its electrical products organization. "Fluke has been active in the power quality market for many years," […]
Sustainable Energy Technologies Ltd. (Calgary, Alberta) announced that, subject to regulatory approval, it will issue up to 41,666 units at a price of $12 per unit to a group of private investors to raise a maximum of $500,000. Each unit will consist of 100 10-percent, two-year, cumulative, convertible, redeemable, voting preferred shares and 50 two-year, […]
Xcel Energy (Minneapolis, MN) reported ongoing earnings for the first quarter 2002 of $0.31 per share, excluding special charges, compared with $0.61 per share for the same period in 2001. Total earnings were $0.29 per share for the first quarter of 2002. "The first quarter of 2002 presented numerous challenges, and we are responding to […]
Mechanical Technology Inc. (Albany, NY) announced that its subsidiary, MTI MicroFuel Cells Inc., has received an award of $500,000 from the New York State Energy Research and Development Authority (NYSERDA). The award, matched by a similar commitment from the company, will help fund a year-long research program to advance the development and commercialization of direct-methanol […]
Greenlight Power Technologies Inc. (Burnaby, BC) announced the addition of test stations for solid-oxide fuel cells (SOFC) and molten carbonate fuel cells (MCFC) to its product line. The expansion of Greenlight's product line resulted in immediate SOFC and MCFC test station orders of over $2.5 million from three new US-based customers. "The expansion of Greenlight's […]