Researchers at Lawrence Livermore National Laboratory (Livermore, CA) have developed and demonstrated a laboratory prototype miniature thin-film fuel cell power source, which provides portable electrical power for a range of consumer electronics. With the LLNL fuel cell, a typical cell phone battery could be projected to last more than 300 percent longer, extending standby time […]
Smart Fuel Cell GmbH (SFC, Munich, Germany) recently began production of a miniaturized methanol fuel cell, designed to replace batteries in camcorders, laptop computers, cell phones, power tools and other portable consumer devices. The company claims that a single fuel cell, holding about 125ml of methanol, can power a notebook computer for more than eight […]
SatCon Technology Corp. (Cambridge, MA) announced that it has appointed Ralph Norwood as vice president and CFO. Norwood comes to SatCon from RMN Associates, a consulting firm that he formed one and a half years ago to provide financial and strategic counsel to start-ups and emerging growth companies. "This is an important step in our […]
Nuvera Fuel Cells (Cambridge, MA) announced the appointment of Roberto Cordaro as President and CEO. In addition, Cordaro will join the company's board of directors. Previously, Cordaro was the CEO of Motor Coach Industries International, a North American manufacturer of inter-city luxury motor coaches and buses. "We are pleased that Roberto has joined our team," […]
Matsushita Electric Industrial Co. Ltd. (Osaka, Japan) announced that it has launched a power management AN32500A IC for portable wireless devices based on the Intel PXA210 and Intel PXA250 applications processor. The new IC, which only requires a low supply voltage and operates with a software-controllable voltage management in accordance to CPU performance, is slated […]
IEC Electronics Corp. (Newark, NY) reported results for the first quarter of fiscal 2002. For the three-month period ending December 28, 2001, IEC's revenues were $15.8 million, compared to $59.7 million for the same period last year and $15.4 million for the fourth quarter of fiscal 2001. IEC reported a net loss of $2.2 million, […]
IMPCO Technologies Inc. (Cerritos, CA) said that it expects to complete the spin-off its Quantum Fuel Systems Technologies Worldwide Inc. (Irvine, CA) unit during the second quarter. IMPCO said last June that it planned to spin off the division through a tax-free distribution of Quantum stock to IMPCO shareholders by the end of 2001. The […]
SatCon Technology Corp. (Cambridge, MA) announced financial results for its fiscal 2002 first quarter, which ended December 29, 2001. Revenue for the first quarter decreased 12 percent to $8.3 million, compared to $9.5 million in the same period last year. The net loss for the first quarter of fiscal 2002 was $5.4 million, or $0.33 […]
Matsushita Electric Industrial Co. Ltd. (Japan) and Matsushita Battery Industrial Co. Ltd. (Japan) will market an AA nickel-metal-hydride battery, the Metal Hydride 2000 Series, which achieves a high capacity of 1,900mAh (minimum level). The Hydride 2000 Series products will be available for sale on April 1, 2002. The Metal Hydride 2000 Series achieves an electrical […]
Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced its operating results for the second quarter ended December 31, 2001. Revenues increased 77 percent to $26,745,000, compared to $15,088,000 in the second quarter last year. The company's net loss was $4,317,000, compared to $716,000 in the same quarter last year. On a per-share basis, the […]
Synergy Technologies Corp. (Calgary, Alberta) announced that it has successfully reformed each of the five major fossil fuels into the free hydrogen and other feeds commonly utilized as fuel for most types of fuel cells. The company obtained these results while both eliminating the production of soot traditionally associated with heavy fossil fuel reforming, and […]
Electrofuel Inc. (Toronto, Canada) announced its financial results for the first quarter ended December 31, 2001. In the first quarter of fiscal 2002, the company reported revenue of $515,000, an increase of 315 percent over $124,000 in the first quarter of 2001. Revenue increased by 35 percent sequentially over the fourth quarter of fiscal 2001. […]
Catalytica Energy Systems Inc. (Mountain View, CA) reported financial results for the fourth quarter and year ended December 31, 2001. Net loss for the fourth quarter was $7,133,000 on revenues of $688,000, compared with a net loss of $7,384,000 on revenues of $1,598,000 in the same period of the prior year. For the year ended […]
Plug Power Inc. (Latham, NY) reported that by order of the Michigan Circuit Court, all claims filed by DCT Inc. (Sterling Heights, MI) against Plug Power have been dismissed. The legal complaint, filed on January 25, 2000, alleged that Plug Power misappropriated business and technical trade secrets, ideas, and strategies relating to fuel cell systems, […]
International Power Technology Inc. (IPT, San Jose, CA) announced a strategic alliance with Planergy International (Richmond, CA). Under the memorandum of understanding agreement, the companies plan to cooperate in the development of turnkey, inside-the-fence, distributed generation projects nationwide with a specific focus on the California market. "IPT brings to the table the experience and pedigree […]