|
September
2005
American
Superconductor PowerModule Electronic Converters to Be Utilized in Fuel Cell
System for Hybrid Electric Bus
Westborough, Mass., Sept. 28: American Superconductor Corporation (NASDAQ:AMSC),
a leading electricity solutions company, today announced that it has received an
order from Hydrogenics Corporation (NASDAQ:HYGS),
a global fuel cell developer and manufacturer. The order for three
PowerModule(TM) PM1000 power electronic converters follows Hydrogenics' initial
trials with AMSC's PowerModule PM1000 Developer Kit (PDK). The PM1000 power
converters will be utilized in the propulsion system for a full size, forty
foot, transit bus to be initially demonstrated in Winnipeg, Manitoba. The bus
will be the first in Canada to be powered by a hybrid configuration of fuel
cells and ultra capacitors.
more>>
Intermagnetics Reports Strong Q1 Revenue, Net Income
Latham, N.Y., Sept. 28: Intermagnetics General
Corporation (NASDAQ:IMGC)
, today reported the first-quarter normalized net income from operations climbed
to $6.1 million, or $0.21 per diluted share, from $4.3 million, or $0.16 per
diluted share, a year earlier. Reported net income increased to $5.1 million, or
$0.18 per diluted share, from $3.4 million or $0.13 per diluted share. Revenues
for the quarter ended August 28, 2005, rose to just over $71 million from $51.5
million.
more>>
Oxford Instruments Molecular Biotools Ltd Begins
Landmark Collaborations
Oxford, Sept. 26:
Oxford Instruments (LONDON
OXIG) Molecular Biotools (OIMBL) has entered into three landmark
collaborative agreements with Pfizer Global R&D, Queen Mary and Westfield
College and the University of Birmingham Institute for Cancer Studies. These
allow for the development of advanced and exciting applications in NMR science,
utilizing the dramatic enhancement in signal to noise provided by HyperSense™.
more>>
Cray XT3 System
Performs Record Simulation Related to ITER Project
Seattle, WA, Sept. 20: Using a powerful new Cray XT3™
supercomputer, the Department of Energy's (DOE) Oak Ridge National Laboratory (ORNL)
has run the world's fastest, most-detailed simulation of waves used to control
plasma -- gaseous matter superheated enough to generate massive amounts of
energy. The simulation is related to the multibillion-dollar ITER project, which
aims to tame plasma so it can later become a virtually inexhaustible supply of
electricity.
more>>
Canadian Mining Facility Orders Three D-VAR Systems from American Superconductor
Westborough, MA, Sept. 20: American Superconductor Corporation, a leading electricity solutions company, today announced a new order for three D-VAR (Dynamic VAR) systems. The D-VAR systems will be installed in a Canadian mining facility of a globally recognized company. The D-VAR systems, each of which is rated at 12 mega-volt-amperes reactive (MVAR), will manage demanding voltage conditions to improve the reliability and quality of electric power needed to increase industrial productivity. American Superconductor expects to ship the D-VAR systems in the third and fourth quarter of its fiscal year 2006.
more>>
Linear Collider Forum of America
Hosts First International Linear Collider Industrial Forum at Fermilab
Sept. 19: More than fifty
U.S.
and Canadian industries that specialize in the development and manufacturing of
complex components for particle accelerators will meet with scientists and
engineers on 21-22 September at the first International Linear Collider
Industrial Forum hosted by the Linear Collider Forum of America at the
Department of Energy’s Fermi National Accelerator Laboratory.
more>>
Global Design Effort for the
International Linear Collider Launches Web Site and Online Publication
Sept. 19: The Global Design Effort for the International Linear Collider
announces the launch of their Web site,
and ILC NewsLine, a weekly publication reporting news and information from
around the world about the next-generation particle accelerator.
more>>
Brookhaven National Laboratory
Substrate Roughness Improves Critical Current in YBCO Coated Conductor
Upton, NY, Sept. 15: Researchers at the U.S. Department of Energy's
Brookhaven National
Laboratory have discovered a way to significantly increase the amount of
electric current carried by a high-temperature superconductor, a material that
conducts electricity with no resistance. This is an important step in the drive
to create superconductor-based electric and power-delivery devices, such as
power transmission lines, motors, and generators. The results are explained in
the September 12, 2005, online edition of
Applied Physics Letters.
more>>
FONAR Sells Upright MRI in Germany
Melville, NY, Sept. 15: FONAR Corporation (NASDAQ:
FONR), The MRI Specialist™, announced today that it has sold its first
Upright™ MRI in Germany. The sale marks FONAR's entry into Germany, the largest
market for medical devices in Europe. In addition to comprehensive coverage of
the United States, FONAR is increasing its marketing efforts in the European
market. In Fiscal 2005, the Company sold four (4) - Upright™ MRIs in Europe
compared to a total of two prior to that.
more>>
ORNL,
Princeton Partners in Five-&ear Fusion Project
Oak Ridge, TN, Sept. 14: Knowledge gained by
Oak Ridge National Laboratory
researchers and colleagues through an initiative to begin this fall could answer
several long-standing questions and give the United States a competitive edge in
the design of future fusion power plants.
more>>
Superconductor Technologies, Inc.
Ranks in Deloitte's Los Angeles Technology Fast 50 Technology
Companies
Los Angeles, CA, Sept. 14: The "Los Angeles Technology Fast 50," the annual award program ranks technology companies located in Los Angeles, Ventura, Santa Barbara, San Bernardino, and Riverside counties by revenue growth.
Superconductor Technologies (NASDAQ:
SCON) ranked 29 with 131% growth in the last five years.
more>>
HTS
Power Grid Stabilization Product Recognized for
Technical Excellence -- Selected for R&D 100 Award
Westborough, MA, Sept. 13: American Superconductor Corporation , a leading
electricity solutions company, and the Tennessee Valley Authority, the nation's
largest public power provider, today announced that the SuperVAR(R) dynamic
synchronous condenser has been selected by R&D Magazine as one of the most
technologically significant products introduced over the past year. The SuperVAR
dynamic synchronous condenser, which has been recognized for this achievement
with the prestigious R&D 100 Award, is a breakthrough product that
stabilizes grid voltages, increases service reliability and can help maximize
transmission capacity.
more>>
Performance of Five FONAR Upright MRIs Drive Repeat Sales To California
Customers
Melville, NY, Sept. 12: FONAR Corporation (NASDAQ:
FONR), The MRI Specialist™, announced today that the successful performance
of five Upright™ MRIs have led to substantial growth for Ambulatory Services
Corporation of California ("ASC"). FONAR's Upright™ MRIs are presently installed
in ASC facilities located in five cities in four states: San Bernardino and La
Quinta, California, Renton, Washington, Boise, Idaho and Denver, Colorado. Based
on the popularity of the FONAR Upright™ MRI for patient comfort and superior
pathology, ASC now plans to place a sixth machine in Las Vegas, Nevada. The Las
Vegas facility is expected to open in 2006. ASC also has plans to expand in new
and existing markets and purchase multiple Upright™ MRIs over the next year.
more>>
World’s First 950MHz Magnet for
Nuclear Magnetic Resonance At Field
Oxford, Sept 9: Oxford Instruments
Superconductivity (LONDON
OXIG) announces the world’s first commercial 950 MHz magnet is now at field
and being prepared for delivery to Oxford University in September 2005. The
system, which was sold directly to Oxford University, is demonstrating excellent
all round performance. The base drift rate is less than 5 Hz per hour -a
fundamental parameter for long-term biomolecular NMR experiments and crucial in
obtaining excellent data.
more>>
Limodraw
Demonstration Facility Set-Up at Trithor
Rheinbach,
Germany, Sept. 8:
Trithor Gmbh, a leading producer of
high temperature superconductor (HTS) components and systems, is pleased to announce that,
after extensive testing, the world’s first contact-less tube drawing system
has been commissioned for prototype service
at its Rheinbach superconductor factory. Together with German
Bültmann GmbH, Trithor has developed Limodraw™, a metal working machine,
which produces consistently high quality tubing at
high throughput rates. Limodraw™ is targeting
purchasers who are keen to secure increased quality and productivity in the
manufacture
of metal tubing.
more>>
Latest
Medical Imaging Technologies Require Greater End User Awareness
London, Sept. 8: With the exception of the United
Kingdom where strong government commitment to health care is funding investment
in new equipment, the European market for key medical imaging modalities is
witnessing capital constraints. As an increasing number of public hospitals
lease imaging equipment, there is a growing need for vendors to be more flexible
and inventive in their offerings to better compete in the contract market.
more>>
Superconductor Technologies Inc. Extends Agreement With Major CDMA Wireless Carrier
Santa Barbara, CA., Sept. 7: Superconductor Technologies Inc., a leading provider of high performance infrastructure products for wireless voice and data applications, today announced it has executed an extension of an existing general purchase agreement with a major wireless carrier in the United States.
more>>
Intermagnetics Expands Bank Credit Facility to $200 Million, Extends Share Buyback Program to 2.5 Million Shares
Latham, NY, Sept. 6: Intermagnetics General Corporation announced today that it has increased its existing syndicated credit facility from $130 million to $200 million with expanded commitments from Wachovia Bank as principal agent, JP Morgan Chase, KeyBank and Comerica. The company also announced that its Board of Directors has authorized the resumption of a previously approved stock buyback program and has expanded it to repurchase up to a total of 2.5 million shares of common stock. The company will seek to utilize this authorization over the next two years.
more>>
|
