Recent Price 1.29 52 Week High 2.49 52 Week Low 0.84 Avg. Daily Vol. (Mil) 2.58 Beta (3 year) 0.44 Share Related Items Mkt Cap (Mil) 114.40 Shares Out (Mil) 88.68 Float (Mil) 87.57 Dividend Information Yield % 0.00 Annual Dividend 0.00 Payout Ratio 0.00 Financial Strength Quick Ratio 6.80 Current Ratio 7.30 LT Debt/ Equity 0.03 Total Debt / Equity 0.03 Valuation Ratios Price Earnings N.A. Price/Sales 129.00 Price/Book 3.58 Price/Cash Flow -7.60 Per Share Data Earnings -0.19 Sales 0.01 Book Value 0.36 Cash Flow -0.17 Intraday 3 Months 1 Year Business Summary The Company and its subsidiary designs, develops, configures and expects to begin offering for sale, products and services to support more reliable and cost-effective electricity grid operation. General Information 65 Middlesex Road Tyngsboro, MA 01879
www.beaconpower.com Industry : UTILITIES Sector: Utilities Employees: 44 CEO: F. William Capp Short Interest Current Month (Mil) 11.12 Previous Month (Mil) 4.75 Short Interest Ratio (Days) 2.70 Management Effectiveness Return on Equity N.A. Return on Assets -41.60 Return on Investments -46.00 Profitability Gross Margin 15.80 EBIT Margin N.A. Profit Margin 0.00
Might need a magnifying glass lol. Somehow my paintbrush program was deleted so I'm using a different paint program. Any questions plese feel free to ask.
Posts: 7766 | From: Virginia | Registered: May 2006
| IP: Logged |
Beacon Power Corporation which designs and develops advanced products and services to support more stable and reliable electricity grid operation, has been awarded a contract through the Air Force Research Laboratory (AFRL), and co-funded by the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense. The contract, valued at $750,000, is for the preliminary design of a space-based flywheel energy storage system for satellite applications, and is a Phase II award under the Small Business Innovation Research (SBIR) program of the U.S. Small Business Administration's Office of Technology. Beacon announced completion of an associated Phase I project earlier this year.
Flywheel energy storage systems have the potential to be used in a variety of space-based applications, including providing power to low-earth-orbit satellites during the 30 minutes these satellites orbit in darkness and their solar panels cannot provide power. Compared to electro-chemical (battery) alternatives, a flywheel-based system is expected to be more reliable, have a much longer life, be able to be charged and discharged constantly, and deliver higher performance even under extreme temperatures, all significant advantages for space applications.
"We're very pleased to receive this contract from the AFRL and DARPA," said Bill Capp, Beacon Power President and CEO. "This project is not only an important step toward expanding the applications for flywheels, it will also help us develop key technical innovations that can reduce the cost of future commercial systems. Our primary focus continues to be the development of systems for power grid frequency regulation, based on our Smart Energy Matrix design. I believe that the work associated with this project holds significant promise for further commercial applications of our technology, both on the ground and in space."
Under terms of the contract, Beacon will lead a 15-month technical effort involving researchers and scientists from Goodrich Space Flight Systems, Optical and Space Systems Division, Goodrich Corporation; Purdue University; and Texas A&M University
Technically, BCON has been showing support around $1.09 and resistance in the $1.81 range. The selling signal is on today but very weak. (http://www.9trading.com/index.php?symbol=bcon)
Posts: 40 | From: canada | Registered: Jan 2008
| IP: Logged |
quote:Originally posted by chehtet: Technically, BCON has been showing support around $1.09 and resistance in the $1.81 range. The selling signal is on today but very weak. (http://www.9trading.com/index.php?symbol=bcon)
BeaconEquity.com's Trade Alerts are brief analyses on the active stocks each day that are affecting the markets. These include breaking news, insider activity, recent 52-week highs/lows, technical breakouts, and other market driving information. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
BeaconEquity.com is one of the industry's largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.BeaconEquity.com/m CRD# 1755680
BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC, a financial public relations firm that has been compensated one hundred fifty thousand free trading shares from Hermes Investment Inc., a shareholder of AIDO, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report, as well as other investor relations efforts. Please read our report and visit our Web site, BeaconEquity.com, for complete risks and disclosures.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
Reuben Sushman of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 1755680.
Available Topic Expert(s): For information on the listed expert(s), click
Beacon Power Announces Testing of First Megawatt of Flywheel Energy Storage Tuesday September 16, 9:50 am ET ISO New England Regulation Pilot Program receives full approval from the Federal Energy Regulatory Commission
TYNGSBORO, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (Nasdaq: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that it has built and tested an integrated matrix of ten high-power flywheels that operated together to absorb and supply a full megawatt of electricity. The system, located in Beacon’s Tyngsboro Mass. headquarters, will be the first of up to five megawatts of flywheel-based regulation capability that will be produced this year and commercially deployed to generate revenues from the provision of regulation services. ADVERTISEMENT
Until now, Beacon had been building and running individual flywheels in preparation for its first full megawatt implementation. Based on internal testing of an integrated matrix of ten flywheels, the Company has now shown that its one-megawatt Smart Energy Matrix can ramp up and down to absorb and supply a full megawatt of power.
Over the next few weeks, Beacon will begin system testing in conjunction with ISO New England, during which time the flywheel matrix will respond to actual ISO test signals to absorb and supply power. This plan will allow the Company to meet its schedule to interconnect live to the grid and to begin performing frequency regulation services under an ISO New England Alternative Technologies Pilot Program scheduled to start on November 18th. That program, which was unanimously approved by ISO New England and its members, received formal approval from the Federal Energy Regulatory Commission on September 15, 2008.
“This is another significant achievement in our company’s history and for the electric power industry,” said Bill Capp, Beacon Power president and CEO. “We’ve proven that a matrix of our Smart Energy 25 flywheels, together with associated electronics, software and other components, can store and release a megawatt of electricity. In recent weeks our flywheel production rates have ramped up with continued good results. Based on this progress, we’re looking forward to responding to live ISO signals in the near future.”
The ISO New England Alternative Technologies Pilot Program, which was announced last month, will provide revenue for regulation services until permanent market rules have been developed. This process is expected to take approximately 18 months.
About Beacon Power
Beacon Power Corporation designs, develops and is taking steps to commercialize advanced products and services to support stable, reliable and efficient electricity grid operation. The Company’s primary business strategy is to commercialize its patented flywheel energy storage technology to perform frequency regulation services on the grid. Beacon’s Smart Energy Matrix, now entering production, is designed to be a non-polluting, megawatt-level, utility-grade flywheel-based solution that would provide sustainable frequency regulation services. Beacon is a publicly traded company with its research, development and manufacturing facility in the U.S. For more information, visit www.beaconpower.com.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995: This Material contained in this press release may include statements that are not historical facts and are considered “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Beacon Power Corporation’s current views about future events and financial performances. These “forward-looking” statements are identified by the use of terms and phrases such as “believe,” “expect,” “plan,” “anticipate,” and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from Beacon Power Corporation’s expectation. These factors include: a short operating history; a history of losses and anticipated continued losses from operations; a need to raise additional capital combined with a questionable ability to do so; the complexity and other challenges of arranging project financing and resources for one or more frequency regulation power plants, including uncertainty about whether we will be successful in obtaining DOE loan guarantee support for our New York facility; conditions in target markets, including the fact that some ISOs, such as New York ISO, have been slow to comply with the FERC’s requirement to update market rules to include new technology such as the Company’s; our ability to obtain site interconnection or other zoning and construction approvals in a timely manner; no experience manufacturing any product or supplying frequency regulation services on a commercial basis; limited commercial contracts for sales to date; the dependence of sales on the achievement of product optimization, manufacturing and commercialization milestones; the uncertainty of the political and economic climate, and the different electrical grid characteristics and requirements of any foreign countries into which we hope to sell or operate, including the uncertainty of enforcing contracts, the different market structures, and the potential substantial fluctuation in currency exchange rates in those countries; dependence on third-party suppliers; intense competition from companies with greater financial resources, especially from companies that are already in the frequency regulation market; possible government regulation that would impede the ability to market products or services or affect market size; possible product liability claims and the negative publicity which could result; any failure to protect intellectual property, including the effect of the patent litigation initiated last year against us; retaining key executives and the possible need in the future to hire and retain key executives; the historical volatility of our stock price, as well as the volatility of the stock price of other companies in the energy sector. These factors are elaborated upon and other factors may be disclosed from time to time in Beacon Power Corporation’s filings with the Securities and Exchange Commission. Beacon Power expressly does not undertake any duty to update forward-looking statements.
Contact: Beacon Power Corporation James Spiezio, 978-694-9121 spiezio*beaconpower.com or Gene Hunt, 978-661-2825 hunt*beaconpower.com
Posts: 7766 | From: Virginia | Registered: May 2006
| IP: Logged |