International Components Corp. (ICC, Chicago, IL) announced the introduction of a new line of battery fuel gauges designed specifically for power tools...
Teledyne Technologies Inc. (Los Angeles, CA) reported first-quarter 2002 sales of $183.3 million, compared with sales of $189.7 million for the same period in 2001. Net income for the first quarter of 2002 was $5.1 million, or $0.16 per diluted share, compared with net income of $4.8 million, or $0.15 per diluted share, in the […]
Magnetek Inc. (Nashville, TN) reported earnings of $0.01 and $0.08 per diluted share, respectively, for the third quarter and first nine months of its 2002 fiscal year, ended March 31, 2002. In the same periods of fiscal 2001, the company earned $0.10 and $0.39 per diluted share, respectively. Results of operations divested during fiscal 2001 […]
Smart Fuel Cell GmbH (Munich, Germany) announced early production examples of a methanol-fueled device capable of producing 40W of power intended to...
ElectroChem Inc. (Woburn, MA) has been awarded a $1.0 million NASA contract for the first-phase development and a $2.5 million option contract for the second-phase development of a fuel cell power plant for the next generation of reusable launch vehicles (RLVs). ElectroChem was one of two companies chosen to develop a pre-prototype proton-exchange membrane (PEM) […]
TechSys Inc. (Florham Park, NJ) announced plans to jointly develop portable fuel cell technology with the National Aeronautics and Space Administration's (NASA) Jet Propulsion Laboratory (Pasadena, CA). Financial terms were not available. TechSys reported that it will jointly design the micro direct-methanol fuel cell technology, and will also receive rights to an exclusive license on […]
Virtual Technologies Ltd. (Spokane, WA) announced that it will be launching production of custom-engineered power electronics for the alternative energy industry. The company is focusing its commercial development efforts on the international alternative and renewable energy sector, by offering power conditioning and conversion solutions. Virtual Technologies currently offers custom-engineered and manufactured ruggedized power conversion equipment […]
Active Power Inc. (Austin, TX) announced results for its first quarter ended March 31, 2002. Revenues for the first quarter of fiscal 2002 totaled $4.1 million, down 19 percent from the same period the previous year. Net loss for the first quarter of 2002 was $6.5 million, or $0.16 per share, compared to a net […]
Alliant Energy Corp. (Madison, WI) reported adjusted net income of $4.4 million, or $0.05 per share, for the first quarter of 2002, compared to adjusted net income of $36.0 million, or $0.45 per share, for the first quarter of 2001. Reported net income and earnings per share for the first quarter of 2002 and 2001 […]
Avista Labs, a wholly owned subsidiary of Avista Corp. (Spokane, WA), and Aperion Energy Systems LLC (Jefferson City, MO) announced a joint...
Tyco Electronics Power Systems (Dallas, TX) announced the availability of its GALAXY Gateway remote monitoring software, which is designed to meet power...
Advance Galatrek (UK) announced its new PowerSwitch range of dual-redundant switches, which allow automatic user selection between different ac power sources, and is available either in a wall-mounted or 19in rack-mounted configuration. The PowerSwitch is suitable for mission-critical applications where N+1 resilience is an essential part of the operating environment. The PowerSwitch switches incorporate primary […]
Schaefer Inc. (Ashland, MA) introduced the C5400 Series of 10kW, 7in, standard 19in rack, dc/dc and ac/dc converters. Applications include locomotive controls,...
SL Industries Inc. (Mt. Laurel, NJ) announced that its net loss for the year ended December 31, 2001, was $10,650,000, or $1.87 per diluted share. Net losses for the year included a loss, after tax, of $3,947,000, or $0.69 per diluted share, from discontinued operations and pre-tax nonrecurring charges aggregating $11,078,000, or $1.21 (net of […]
Hydrogenics Corp. (Toronto, Canada) announced the acquisition of EnKAT GmbH (Gelsenkirchen, Germany), which is a leading designer and manufacturer of test systems for fuel cells, reformers and electrochemical engines. The combination will expand Hydrogenics' existing product offerings and system-integration capabilities, also extending the geographical reach of the company in Europe. Terms of the transaction were […]