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June 10, 2010 – Arotech Corporation (NasdaqGM: ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, announced today that its Battery and Power Systems Division has received new orders over recent months totaling $3 million for batteries and chargers from a number of international customers. The products will be used for communications, night vision surveillance and aviation safety.
"We are pleased with the continued support of our world-wide
Continue reading: Arotech Announces $3 Million in New Battery and Charger Orders
Targets 35% to 40% license revenue growth in FY’10 on strength of Windchill PLM solution
NEEDHAM, Mass.- April 27, 2010 — PTC (Nasdaq: PMTC), The Product Development Company®, today reported results for its second fiscal quarter ended April 3, 2010.
Highlights
Q2 Results: Revenue of $240.6 million and non-GAAP EPS of $0.20; GAAP EPS of $0.08
Non-GAAP operating margin of 13.6%; GAAP operating margin of 4.8% Relative to Q2 guidance, currency was unfavorable to revenue
Continue reading: PTC Announces Q2 Results, Initiates Q3 Guidance and Updates FY’10 Targets
ANN ARBOR, Mich., May 4 /PRNewswire-FirstCall/ — Tecumseh Products Company (Nasdaq: TECUA, TECUB) announced today that Charles "Chuck" Brewer has been named Director, North American Sales.
In this position, he will be responsible for enhancing and driving the performance of the North American Sales team. Chuck will report to Mike Noelke, Executive Vice President of Global Sales, Marketing and Engineering.
"We are excited that Chuck has joined the Tecumseh team. He provides the leadership, market
Continue reading: Charles Brewer Joins Tecumseh Products Company as Director of North American Sales
Plans Continued Development of Advanced Batteries
ANN ARBOR, Mich.–(BUSINESS WIRE)–Sakti3, Inc., an Ann Arbor-based developer of next-generation lithium-ion batteries, announces the completion of its $7 million Series B round of financing. The capital, from new investor Beringea and previous investor Khosla Ventures, will fund the company’s expansion of its Michigan-based research, development and manufacturing capabilities.
“It’s the kind of play we like – one that uses advanced computational science and manufacturing to produce a potentially disruptive
Continue reading: Sakti3 Raises $7 Million in Series B Financing
ANN ARBOR, MICH. – MARCH 29, 2010 – Adaptive Materials, the leader in manufacturing portable power through solid oxide fuel cells, was recently awarded $3 million through the Centers of Energy Excellence Program (COEE). The company will use the funding to support the commercialization of its fuel cells within the consumer leisure market.
“Adaptive Materials is ready to move forward the fuel cell technology developed for soldiers in the field to provide portable power to consumers
Continue reading: Adaptive Materials Awarded $3 Million Centers of Energy Excellence Funding
March 22, 2010 – Arotech Corporation (NasdaqGM: ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, today reported results for the quarter and full year endedDecember 31, 2009.
Full Year Results
Revenues for 2009 were $74.5 million, compared to $68.9 million for 2008, an increase of 8%.
Gross profit for 2009 was $20.1 million, or 27% of revenues, compared to $18.8 million, or 27% of revenues, for 2008.
The Company reported
Continue reading: Arotech Corporation Reports Results for the Fourth Quarter and Full Year, 2009
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Ann Arbor, MI