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14 nanotimes Companies Facts
A123 Systems (NASDAQ: AONE) introduced Nanophosphate EXT™, a new lithium ion battery technology capable of operating at extreme temperatures without requiring thermal management. Nanophosphate EXT™ is designed to significantly reduce or eliminate the need for heating or cooling systems, which is expected to create sizeable new opportunities within the transportation and telecommunications markets, among others. Unlike lead acid or other advanced battery technologies, Nanophosphate EXT™ is designed to maintain long cycle life at extreme high temperatures and deliver high power at extreme low temperatures. According to the testing performed to date at the Ohio State University‘s Center for Automotive Research (CAR) and the very low observed rate of aging, cells built with A123‘s Nanophosphate EXT™ are expected to be capable of retaining more than 90% of initial capacity after 2,000 full charge-discharge cycles at 45° Celsius. CAR has also starting testing the cold temperature performance of Nanophosphate EXT™, which A123 expects will deliver a 20% increase in power at temperatures as low as minus 30° Celsius (-22° F).
Moreover, A123 Systems presented financial results for the first quarter ended March 31, 2012. Tota revenue for the first quarter of 2012 was $10.9 million, a decrease of 40% from $18.1 million in the first quarter of 2011. Within total revenue, product revenue was $7.3 million, a 53% decrease from $15.5 million in the first quarter of 2011, and services revenue was $3.6 million, compared to $2.6 million in the first quarter of 2011. Gross loss was ($90.8) million in the first quarter of 2012, compared to a gross loss of ($15.5) million in the first quarter of 2011. Net loss was ($125.0) million, or ($0.87) per common share, based on 143.4 million weighted average common shares outstanding in the first quarter of 2012. This compared to a net loss of ($53.6) million in the first quarter of 2011, or ($0.51) per common share, based on 105.5 million weighted average common shares outstanding.
Abakan Inc. (OTCBB: (ABKI) has announced that MesoCoat and Powdermet‘s revolutionary, high performance PComP™ nano composite coatings have been recognized as the most significant materials science innovation of 2012 by R&D magazine. PComP™ is a family of nanocomposite coatings that offer 3-80X higher performance and lower cost compared to current technologies and products used to provide wear and corrosion resistance, such as chrome plating, physical vapor deposition, and laser cladding.
The newest development of ALIO Industries are very compact Mini-Tripods, which are actuated by linear motors and counterbalanced pneumatically after the same principle of their bigger predecessors. This allows the user again to achieve highest precision as well as dynamic combined with a very long lifetime even under harsh conditions in 24/7 mode. The Tripod TRI-LM-600-56R achieves a Z-shift of 6 mm and tilt-angles of ±3°. The maximum height is