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February
2006
Marburger,
Bement, Orbach to address High Energy Physics Advisory Panel
Chicago, IL, Feb. 28: Science Advisor to the President and Office of
Science and Technology Director John H. Marburger;
National Science Foundation
Director Arden L. Bement; and Department of Energy Office of Science Director
Raymond L. Orbach will all address a meeting of the DOE/NSF High Energy Physics
Advisory Panel on Friday morning, March 3, at the Latham Hotel, 3000 M Street,
Washington DC.
more>>
Intermagnetics Engages Advisor to Examine Options for Energy Technology
Subsidiary
Latham, NY, Feb. 28: Intermagnetics General Corporation (NASDAQ:
IMGC) today
announced it has engaged Stephens Inc. as financial advisor to assist it in
exploring strategic options to maximize value in its SuperPower, Inc.
subsidiary. SuperPower is an industry leader in efforts to commercialize
second-generation high-temperature superconductors and related devices to
improve electric power transmission and distribution.
more>>
Varian, Inc. Acquires Fourier Transform Mass
Spectrometry Technology
Orlando, FL, Feb. 27: Varian, Inc. (Nasdaq:
VARI) announced
today that it has taken a significant step toward expanding its information rich
detection (IRD) portfolio by acquiring Fourier Transform mass spectrometry (FTMS)
technology through its acquisition of Southern California-based IonSpec
Corporation. The acquisition will increase the company's participation in faster
growing life science applications, in particular in the study of proteins,
nucleic acids and drug metabolites. The initial cash purchase price is
approximately $16 million, including the pay down of assumed debt. The
transaction also includes an opportunity for an additional purchase price
payment if FTMS products reach specified financial targets over a three-year
period.
more>>
Praveen
Chaudhari Steps Down as Director of Brookhaven National Lab to Pursue Work in
Science
Upton, NY, Feb. 17: I feel, it is time
for me to make a change: to spend more time at home and to take advantage of the
wonderful opportunities to do science at
Brookhaven National Lab.
In order to do so, I shall step down from my position as the Director of this
great Laboratory, on April 30, 2006, and work part time as a scientist with
financial support from BSA.
more>>
Announcement of
the Winners of the 2006 Accelerator Prizes Awarded by European Physical Society
Accelerator Group
Mulhouse, France, Feb
27: Two of the three European Physical
Society Accelerator Group (EPS-AG)
prizes were decided at the meeting of the 2006 Prize Selection Committee chaired
by Dr. Norbert Angert of GSI on 22 February 2006.
more>>
American Superconductor
Chief Financial Officer Resigns
Westborough, MA, Feb. 24:
American Superconductor Corporation (NASDAQ:
AMSC) today announced that Kevin
Bisson, Senior Vice President and Chief Financial Officer, will be resigning to
accept an executive position at another publicly traded company. Mr. Bisson's
resignation will take effect on March 10, 2006. American Superconductor has
named Thomas Rosa, who is currently its Vice President of Finance and Accounting
and Corporate Secretary, as interim Chief Financial Officer.
more>>
BBN Technologies Smashes Speed
Barriers with Worlds' Fastest Detector for Practical Quantum Cryptography
Cambridge, MA, Feb. 23:
BBN Technologies, an advanced
technology and research and development firm, today announced a significant
breakthrough in the world's first quantum cryptography network. In close
collaboration with the National Institute of Standards and Technology (NIST)
in Boulder CO, BBN has successfully demonstrated a single-photon detector
designed for standard telecom fibers that is 20 times faster than today's
benchmark device and could produce even greater speed increases.
more>>
Electronics
redesign will cut costs and improve break-even prospects for 2007
Vancouver, BC, Feb. 23: VSM MedTech Ltd.
(TSX:
VSM), world
leader in the emerging clinical market for magnetoencephalography (MEG)
functional brain imaging systems, will receive a contribution of $350,000 from
the Canadian Government. The funding will offset part of the cost of a
$1.5 million electronics redesign initiative planned for the next generation of
CTF MEG™ systems. The support will be provided on a cost-incurred basis during
2006. The objective of the initiative is to substantially reduce the cost of
manufacturing CTF MEG systems by the end of 2006, without sacrificing
performance.
more>>
Henderson
Assumes Leadership Role as President of SAE International
Warrendale, PA, Feb. 22: Greg W. Henderson, P.E., an engineering director
at
Lockheed Martin Aeronautics Company, has been named 2006 president of
SAE International.
Henderson has been an active and decorated member of SAE for nearly 30 years,
having become involved with SAE as a student at Oklahoma State University.
more>>
American
Superconductor Receives Order for PowerModule Systems from Windtec Systemtechnik
for 150 Wind Turbines
Westborough, MA, Feb. 22: American Superconductor Corporation (NASDAQ:
AMSC), a leading electricity solutions company, today announced it has
received a follow-on order for its proprietary PowerModule(tm)-based wind
turbine generator control systems for 150 wind turbines from Windtec
Systemtechnik GmbH (Windtec),
a supplier of large wind turbine components and system technology, based in
Klagenfurt, Austria. The PowerModule-based control systems will be utilized in
the electrical equipment of wind turbine generators - each rated at 1.5
megawatts - which Windtec plans to ship to China in calendar 2006.
more>>
HYPRES
Selects Lockheed Martin To Build Compact, Tactical Cryocooler For JTRS-Compliant
All-Digital RF Transceiver
Elmsford, NY, Feb. 21:
HYPRES, Inc., a leading developer of
Superconducting MicroElectronics (SME) technology, has selected Lockheed Martin
to design and build a compact, tactical cryocooler for the company’s All-Digital
RF Transceiver. HYPRES is developing the industry’s first All-Digital RF
Transceiver through a series of multi-million, multi-year contracts with the
Department of Defense. Story broken in December issue of
Superconductor Week,
issue 1922.
more>>
Intermagnetics Files Shelf Registration Statement
Latham, NY, Feb. 21: Intermagnetics General Corporation (NASDAQ:
IMGC)
today announced that it has filed a shelf registration statement with the U.S.
Securities and Exchange Commission that enables the company to offer preferred
stock, common stock, senior and subordinated debt and warrants, as well as units
and purchase contracts that may include one or more of those securities. The
filing became effective immediately.
more>>
A Fresh Spin In Quantum Physics: The
'Spin Triplet' Supercurrent
Providence, RI, Feb 20:
Superconductivity occurs when electrical current moves without resistance, a
phenomenon that gave rise to particle accelerators, magnetic resonance imagining
machines and trains that float, friction-free, on their tracks. Under
quantum physics theory, conventional superconductivity is not supposed to occur
in ferromagnets. When electrons pass through these crystalline materials, they
realign in ways that won’t allow resistance-free conductivity. While
supercurrent through a ferromagnet has been observed, it moved only an extremely
short distance before resistance kicked in.
more>>
New memory storage devices on horizon with UH student's
award-winning work in solid state physics
Houston, TX, Feb 16: A graduate student in physics at University of
Houston, Clarina
dela Cruz, captured first prize for her award-winning research in solid state
physics that may one day provide faster, more efficient access to data, music
and movies in such hand-held devices as MP3 players and cellular phones. Here,
she is flanked (from left to right) by her mentors Bernd Lorenz, research
associate professor with the Texas Center for Superconductivity at the
University of Houston (TcSUH), and Paul C.W. Chu, the TLL Temple Chair of
Science, physics professor and founding director of TcSUH.
more>>
Brown University Magnet Provides Promise for Electronics
Advances
Tuscaloosa, AL, Feb 15: Shiny, black magnetic films, about the size of
a penny and made by University of
Alabama researchers, are central to a
discovery of how to conduct resistance-free electricity in a manner previously
thought impossible. The research, conducted by scientists at Brown
University, the Delft University of Technology in the Netherlands and UA,
provides promising new leads for future electronics development and will publish
in the Feb.16 issue of Nature.
more>>
DOD Announced
Contracts to American Superconductor and IGC SuperPower
Washington, DC, Feb. 13: Due to an
administrative oversight and change of personnel at the U.S. Department of
Defense's Office of the Assistant Secretary of Defense (Public Affairs),
contracts for American Superconductor and IGC SuperPower were not announced in
December.
more>>
SatCon
Wins NASA Contract for a Superconducting Motor for Electric Aircraft
Boston, MA, Feb. 7:
SatCon Technology Corporation (NASDAQ:
SATC), a
developer and manufacturer of power electronics and motors for the alternative
energy markets, today announced that it has been awarded a Phase I SBIR contract
with NASA's John H. Glenn Research Center for development work on a
superconducting machine for future hybrid and all-electric aircraft.
more>>
New technologies enhance
quantum cryptography
Los Alamos, NM, Feb. 2: A team of
Los
Alamos National Laboratory scientists, in collaboration with researchers from
the National Institute of Standards and Technology in Boulder, Colo., and Albion
College, in Albion, Mich., have achieved quantum key distribution (QKD) at
telecommunications industry wavelengths in a 50-kilometer (31 mile) optical
fiber. The work could accelerate the development of QKD for secure
communications in optical fibers at distances beyond current technological
limits.
more>>
American Superconductor Reports Fiscal 2006 Third
Quarter and Nine-Month Results
Westborough, MA, Feb. 2: American Superconductor Corporation (NASDAQ:
AMSC) today reported financial results for its fiscal third quarter and the
nine-month period ended December 31, 2005. Revenues for the third quarter
of fiscal 2006 were $13.5 million. The net loss was $7.5 million or $0.23 per
share. Revenues for the third quarter of fiscal 2005 were $23.2 million and the
net loss was $2.5 million, or $0.09 per share.
more>>
HYPRES
Receives More Than $2 Million In SBIR Phase II Plus Contracts From The U.S.
Department of Defense
Elmsford, NY,
Feb 1: HYPRES, Inc., a
leading developer of superconducting microelectronics (SME) technology, has
received more than $2 million through SBIR (Small Business Innovation Research)
Phase II Plus modifications to existing contracts from the United States Army.
The additional SBIR Phase II Plus funding allows HYPRES to further develop and
enhance its SME technology for SATCOM and JTRS applications.
more>>
American Superconductor and
Siemens Renew Strategic Alliance to Develop Fault Current Limiter
Westborough, MA and Erlangen, Germany, Feb. 1: American
Superconductor Corporation (NASDAQ:
AMSC), a leading electricity solutions company, and the Corporate Technology
unit of Siemens AG (NYSE:
SI), a global power systems company, today announced the two firms have
renewed their strategic alliance for a second year to develop and explore the
commercialization aspects of high temperature superconductor (HTS) fault current
limiters by building and testing fault current limiter components based on
AMSC's second generation (2G) HTS wire.
more>>
Industry News from January here>>
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