Satcon Technology Corp. (MM) (NASDAQ:SATC)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Satcon Technology Corp. (MM) Charts. Click Here for more Satcon Technology Corp. (MM) Charts.](/p.php?pid=staticchart&s=N%5ESATC&p=8&t=15)
SatCon Technology Corporation® (Nasdaq CM:
SATC), today announced that SatCon Electronics, a wholly owned
subsidiary and designer and manufacturer of high reliability electronic
components has been awarded a $600,000 follow-on contract for optically
isolated solid state relays.
Jack Worthen, SatCon Electronics President, stated, “SatCon
Electronics has been a long-term supplier of customized microelectronics
supporting the avionics industry. Our high reliability optically
isolated solid state relays have been manufactured for a number of years
in support of computer based avionics instrumentation used in the F-16
and now the F-22 fighter programs. We take great pride in manufacturing
products for the industries highest reliability applications”.
SatCon Electronics is a leader in design and manufacturing of high
reliability power management, analog signal processing, RF, and thin
film components.
About SatCon Technology Corporation
SatCon Technology Corporation is a developer and manufacturer of
electronics and motors for the Alternative Energy, Hybrid-Electric
Vehicle, Grid Support, High Reliability Electronics and Advanced Power
Technology markets. For further information, please visit the SatCon
website at www.satcon.com.
(SATC-G)
Statements made in this document that are not historical facts or
which apply prospectively are forward-looking statements that involve
risks and uncertainties. These forward-looking statements are
identified by the use of terms and phrases such as “will,”
“believes,” “expects,”
“plans,” “anticipates”
and similar expressions. Investors should not rely on forward
looking statements because they are subject to a variety of risks and
uncertainties and other factors that could cause actual results to
differ materially from the Company’s
expectation. Additional information concerning risk factors is
contained from time to time in the Company’s
SEC filings. The Company expressly disclaims any obligation to
update the information contained in this release.
SatCon Technology Corporation(R) (Nasdaq CM: SATC), today
announced that SatCon Electronics, a wholly owned subsidiary and
designer and manufacturer of high reliability electronic components
has been awarded a $600,000 follow-on contract for optically isolated
solid state relays.
Jack Worthen, SatCon Electronics President, stated, "SatCon
Electronics has been a long-term supplier of customized
microelectronics supporting the avionics industry. Our high
reliability optically isolated solid state relays have been
manufactured for a number of years in support of computer based
avionics instrumentation used in the F-16 and now the F-22 fighter
programs. We take great pride in manufacturing products for the
industries highest reliability applications".
SatCon Electronics is a leader in design and manufacturing of high
reliability power management, analog signal processing, RF, and thin
film components.
About SatCon Technology Corporation
SatCon Technology Corporation is a developer and manufacturer of
electronics and motors for the Alternative Energy, Hybrid-Electric
Vehicle, Grid Support, High Reliability Electronics and Advanced Power
Technology markets. For further information, please visit the SatCon
website at www.satcon.com.
(SATC-G)
Statements made in this document that are not historical facts or
which apply prospectively are forward-looking statements that involve
risks and uncertainties. These forward-looking statements are
identified by the use of terms and phrases such as "will," "believes,"
"expects," "plans," "anticipates" and similar expressions. Investors
should not rely on forward looking statements because they are subject
to a variety of risks and uncertainties and other factors that could
cause actual results to differ materially from the Company's
expectation. Additional information concerning risk factors is
contained from time to time in the Company's SEC filings. The Company
expressly disclaims any obligation to update the information contained
in this release.