iamvoltron (21.12)

iamvoltron's CAPS Blog

A123 Systems IPO imminent ((Battery tech))

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August 15, 2008 – Comments (7) | RELATED TICKERS: ALTI , UQM

I have been following this company for some time...

http://www.a123systems.com/#/news/news133

and

http://news.cnet.com/8301-11128_3-10011255-54.html

It will be interesting to see reactions on these two stocks:

Both Altair Nanotechnologies (NASDAQ: ALTI) and UQM Technologies (AMEX: UQM) are supplying battery parts to Phoenix Motorcars for their SUT, an all electric truck that gets over 100 miles per charge.

7 Comments – Post Your Own

#1) On August 15, 2008 at 9:26 PM, eskatonic (30.95) wrote:

a123systems just sounds like a name you would see on a latenight infomercial. maybe they should take some of the ipo money and get a more legit sounding name.

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#2) On August 15, 2008 at 10:06 PM, daayoo (< 20) wrote:

a123 will power the chevy volt. That is legit enough for me.

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#3) On August 15, 2008 at 10:24 PM, sarcaz (20.41) wrote:

A123 Systems Losing Black and Decker Before IPO?

Also, the contract for the Volt is between them and LG Chem.

I'm going to sit this one out.

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#4) On August 16, 2008 at 3:48 PM, garyc27 (< 20) wrote:

I have also been following this company. Not only is a123systems contracted for work on the Chevy Volt and Saturn VUE, but they are collaborating with P&G's Duracell division, have contracts to provide engine start batteries for Cessna Citations, and a production contract for Think Electric Vehicles. In addition, a123systems acquisition of Canadian Hymotion has provided the company with a direct sales channel to consumers, commercial and government fleets (at least those owning a hybrid Toyota Prius).A123systems has some deep pocket partners in GE, GM and P&G. AONE seems to be firing on all cylinders which can’t be said for rival Altair.

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#5) On August 25, 2008 at 5:39 PM, iamvoltron (21.12) wrote:

@eskatonic: Actually, the name origin is quite nerdy, comes from a formula:

A123Systems owes its name to the Hamaker force constant which is used to calculate the attractive and repulsive forces between particles at nano dimensions, and which begins “A123...”

But I agree there are better names. What matters to me is the pedigree and the company backers :)

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#6) On August 25, 2008 at 5:39 PM, iamvoltron (21.12) wrote:

@eskatonic: Actually, the name origin is quite nerdy, comes from a formula:

A123Systems owes its name to the Hamaker force constant which is used to calculate the attractive and repulsive forces between particles at nano dimensions, and which begins “A123...”

But I agree there are better names. What matters to me is the pedigree and the company backers :)

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#7) On October 06, 2009 at 8:22 AM, iamvoltron (21.12) wrote: