PowerPulse.net
Power Quality Protection
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Batteries and Portable Power
Oak Ridge National Laboratory to Test Millennium Cell Technology
Millennium Cell Inc. (Eatontown, NJ) announced the signing of a beta test agreement with the Oak Ridge National Laboratory (ORNL, Oak Ridge, TN). The agreement, to be managed by UT-Battelle LLC under contract with the US Department of Energy, calls to evaluate Millennium Cell's Hydrogen-on-Demand technology for use in a project being developed for the […]
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Automotive Electronics
Fuel Cell Technologies Completes Filing of Prospectus for $11.0 Million Offering
Fuel Cell Technologies Corp. (Canada) announced that it has completed the filing of a preliminary prospectus for a proposed offering of common shares in all of the provinces and territories of Canada. The offering is expected to close in July 2001. Proceeds of the offering will go towards expanding marketing and sales initiatives, continuing research […]
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Batteries and Portable Power
Planet Polymer Technologies Enters Agreement with Stimsonite Corp.
Planet Polymer Technologies Inc. (San Diego, CA) announced that it has entered into a joint-development agreement with Stimsonite Corp., a wholly owned subsidiary of Avery Dennison Corp. (Pasadena, CA). The two companies plan to develop feedstock materials and fabrication techniques to produce porous conductive electrodes. These electrodes will be used in electrochemical cell applications such […]
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Communications Power
Invensys Energy Systems Debuts the DataTrax T-Module Monitoring Device
Invensys Energy Systems (Atlanta, GA) announced that it will debut the DataTrax T-Module, its next-generation monitoring device for critical-communications networks. The DataTrax T-Module was designed to provide small-site remote monitoring for the company's Foreseer Management Software. The new device gives users the ability to manage power, environmental, safety and security systems in wireless base stations, […]
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Batteries and Portable Power
Plug Power Files with SEC to Offer 4.75 Million Shares
Plug Power (Latham, NY) reported that it has filed a registration statement with the Securities and Exchange Commission to offer the public 4.75 million shares of common stock. The proposed offering will also include an option for the underwriters to buy an additional 712,500 shares of common stock solely to cover any over-allotments. Plug Power […]
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Automotive Electronics
FuelCell Energy Agrees to Sell Three Million Shares
FuelCell Energy Inc. (Danbury, CT) announced that it has agreed to sell three million shares of its common stock through Merrill Lynch in an underwritten public offering. The offering is being made pursuant to FuelCell Energy's shelf registration statement. FuelCell Energy intends to use the net proceeds from this offering to expand manufacturing equipment and […]
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Communications Power
Inverpower Controls Enters into 35-Day Exclusivity Arrangement
Inverpower Controls Ltd. (Toronto, Canada) announced that it has entered into a 35-day exclusivity arrangement with a publicly traded company to permit exclusive negotiations towards a possible sale of the assets of the business, and assumption of agreed-upon trade payables (asset sale) based upon a value of $6.0 million. Part of the ongoing negotiations include […]
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Batteries and Portable Power
Ener1 Announces Promotion of Finance and Operations VP to COO
Ener1 (Fort Lauderdale, FL) announced that it has promoted Jonathan New to become its COO for worldwide operations. New, recently VP of Finance and Operations, will have responsibility for worldwide operations and for identifying and pursuing strategic partnerships, and will report to the board of directors of Ener1. According to Dr. Peter Novak, CTO and […]
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Communications Power
Signal Technology’s Keltec Division Awarded State-of-the-Art Development Contract
Signal Technology Corp. (Danvers, MA) announced that its Keltec Division in Fort Walton Beach, FL, has been awarded a $412,000 contract to develop engineering development models and pre-production units of very high-density, low-voltage power supplies. Isothermal Research Systems (ISR, Clarkston, WA) has selected Signal's Keltec Division to design and develop high-reliability power supplies utilizing cooling […]
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Batteries and Portable Power
Proton Energy Systems Announces UNIGEN Fuel Cell Development Program with Marconi
Proton Energy Systems Inc. (Rocky Hill, CT) announced that it has entered into a joint development program with Marconi Corp. plc (UK). Under a memorandum of understanding, Proton and Marconi are jointly developing concepts, designs and products incorporating Proton's UNIGEN regenerative fuel cell technology for potential application to Marconi's product lines. Proton's 70 kWh UNIGEN […]
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Communications Power
Duke Energy Announces Asset Swap with Cinergy
Duke Energy North America (DENA, Houston, TX) and Cinergy Capital and Trading Inc. announced that they signed an agreement providing for the dissolution of VMC Generating Company. VMC is a general partnership in which affiliates of DENA and Cinergy each own a 50-percent interest. VMC was formed in September 1999, and owns 100 percent of […]
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731Packaging and CoolingIo Introduces the MPS28-100 Power Supply
Io Ltd. (UK) announced the MPS28-100, a new off-the-shelf 100W power supply for aerospace applications that is capable of converting the standard...
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Automotive Electronics
2001 Congressional Fuel Cell Exposition
The 2001 Congressional Fuel Cell Expo will be held Tuesday, June 26, 2001, in the Cannon Caucus Room of the Cannon House Office Building on Capitol Hill in Washington, DC. Energy Secretary Spence Abraham will provide welcoming remarks to the expo attendees and exhibitors, and the event's Congressional host, Representative Nancy Johnson of Connecticut, also […]
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Communications Power
ON Semiconductor Announces New Cost-Reduction Measures
ON Semiconductor (Phoenix, AZ) announced new cost-reduction measures as a continuation of its previously announced and ongoing initiatives. As part of this latest action, the company will reduce its worldwide employee population by more than 1,000 positions, or about 8 to 12 percent, over the next several weeks. The company also has announced a 10-percent […]
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Automotive Electronics
Manhattan Scientifics Seeks to Build Fuel-Cell Production Line
Manhattan Scientifics Inc. (Los Alamos, NM) announced that it has completed a one-year productization effort and is seeking to build a pilot production line leading to volume manufacturing of its NovArs fuel cells. The company is in discussions with several potential joint-venture partners in the US, Asia and Europe for this purpose. The NovArs fuel […]
