In the midst of this market maelstrom, it’s usually more likely that you find not-so-bad news and churn it into good news. But, happily, this isn’t the case with the story from Altairnano (NSDQ: ALTI). It’s landed a nice little contract with some big implications.
Part of being an emerging technologies investor means you’ve got to hold a long-term view. This isn’t a sector that’s trendy or doesn’t splash on the cover of every magazine and news show overnight.
Defense stocks are one of the most secure places in times of market troubles. Although most businesses need credit lines to conduct and expand business operations, big defense companies are underwritten by big governments and ink their deals with nations, not other businesses.
Although it’s somewhat unusual to see the words “good idea” and “Dept of Homeland Security” in the same sentence, it actually appears to have happened last week.
This is a good sign the company has important technology and is just starting to realize its value in the market. Plus, after all the fury in the markets, the stock has stayed at healthy levels.
A couple pieces were released regarding pSivida (NSDQ: PSDV) in the past couple of days, one about the company’s general health and the other regarding drug trial progress.
One good thing about being at a technology conference is most of the people around you are too focused on the future to get clutched up about the financial horror show that is going on around them. It lends an odd sort of perspective.
Since NIN is a bi-weekly service in an immediate-response digital world, it seems a bit silly for me to wait until the next issue to give you the scoop from the MIT Emerging Technology Conference (http://www.technologyreview.com/emtech/08/) I’m heading to tomorrow.
Spire Corporation, a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules worldwide, announced yesterday that it has received a contract from GreenBrilliance to provide a turnkey photovoltaic module assembly line for that company’s operation in India.
iRobot has acquired Durham, N.C.-based Nekton Research, a maker of unmanned underwater vehicles (UUVs), for $10 million and an additional $5 million based on performance. Nekton’s 20-pound, torpedo-shaped Ranger UUV can be used for “search and survey” missions and to deliver a “mine neutralizing charge” payload.
