11-08 :: August 2011
nanotimes
Companies Facts
listing will bolster Alexium’s presence in the world’s largest marketplace and give investors a broader opportunity to invest in a progressive technology company.
Alexium’s shares are already listed on the Australian Stock Exchange (ASX: AJX) and the Frankfurt Stock Exchange and XETRA electronic trading platform (AX:AJX).
http://www.alexiuminternational.com
weak to medium currents. Mass production com- mences in August 2011. The SDDH Series is a waterproof switch compatible with weak to medium currents between 10mA and 4.5A. Setting mechanical parts of contacts within a seamless casing, sealing with adhesive, and cove- ring the knob (the moving part) with rubber ensures excellent water resistance. Water resistance is IP68- equivalent, indicating the switch can even be opera- ted submerged in water. Insulation is improved with a 9.2mm pitch between tab terminals.
A
http://www.alps.com/products/e/npv_product/110805_ SDDH/SDDH_E.PDF
technologies and systems, reported financial results for the second quarter ended June 30, 2011.
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Financial Highlights for the second quarter of 2011 compared to 2010:
ltair Nanotechnologies Inc. (NASDAQ: ALTI), a provider of advanced lithium-ion battery
LPS ELECTRIC has developed the SDDH Series waterproof switch, which is compatible with
• Revenues decreased to $0.5 million from $1.5m; • Gross margin of $(0.2) million compared to $0.4m; • Operating expenses of $3.8 million compared to $5.5 million;
• Net loss of $3.0 million compared to $4.9 million; • Year-to-date cash burn excluding financing activities of $9.1 million compared to $9.7 million.
“The second quarter was a very challenging period because of our severe cash constraints resulting from the delays in the Canon investment close; however, we did make progress in some key areas,” said Dr. Terry Copeland, Altairnano‘s president and chief executive officer. “We announced a three-year lease of our new 1.8 MW/ 300 kWh ALTI-ESS Advantage product, have made significant progress in getting the 10 MW INE frequency regulation project back on track and continue to make inroads in the various OEM industrial markets we have targeted.”
Altairnano‘s cash and cash equivalents decreased by $2.1 million, from $4.7 million at December 31, 2010 to $2.6 million at June 30, 2011.
Moreover, Altairnano has signed a contract with the Hawai‘i Natural Energy Institute (HNEI) of the University of Hawai‘i at Manoa to supply a one-megawatt ALTI-ESS energy storage system for a test of solar energy integration. Under the contract, Altairnano will provide the ALTI-ESS battery-based power management system to be tested on Hawaiian Electric‘s electric system to smooth the voltage and load profile with the aid of dynamic voltage controls and fast charge/discharge abilities.
“Altairnano technology was selected for this project based on its long cycle life and very rapid charge and
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