-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
SatCon Announces $2.2 Million in New Contracts
December 31, 2003 |Estimated reading time: Less than a minute
Cambridge, Mass. — SatCon Technology Corp. booked approximately $2.2 million in industrial product contracts during the first quarter, which ended December 27, 2003.
The contracts were comprised of approximately $1.1 million in vibration test systems including field service and parts. These test systems are used to test items from small electronics to missiles. The remaining $1.1 million in contracts was for rectifiers and power supplies also including field service and parts. The contracts are part of a projected $7.5 to $8 million in overall bookings for the first quarter of fiscal 2004, which supports our view that our business base is improving. Backlog at the beginning of the quarter totaled approximately $20 million. SatCon Technology Corp. manufactures and sells power control systems for critical military systems, alternative energy and high-reliability industrial automation applications. Products include inverter electronics from 5 kilowatts to 5 megawatts, power switches, and hybrid microcircuits for industrial, medical, military and aerospace applications. For more information, visit www.satcon.com.