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American Superconductor Corporation (Nasdaq: AMSC) $33.64. Today announced that it has received the world’s largest order for high temperature superconductor (HTS) wire. LS Cable Ltd. (LS Cable), the world’s third largest power cable manufacturer, has placed an order for 3 million meters (nearly 10 million feet) of Amperoum wire – AMSC’s proprietary second generation (2G) HTS wire. LS Cable intends to utilize the wire to complete alternating current (AC) and direct current (DC) superconductor cable projects globally. Under the terms of the contract, AMSC is to begin shipping Amperium wire to LS Cable starting in 2012.
What They Do: AMSC offers an array of proprietary technologies and solutions spanning the electric power infrastructure – from generation to delivery to end use.
Camtek Ltd. (Nasdaq: CAMT) $2.54. Today announced that it received an order for multiple wafer inspection systems from a major OSAT (outsourced semiconductor assembly and test) company in South East Asia. The order, totaling approximately $3 million dollars, includes several Condor systems for 2D inspection. The systems are expected to be installed during the fourth quarter of 2010.
Mr. Roy Porat, Camtek's CEO, commented, "We are very pleased with this order, demonstrating the strong traction that the Condor is gaining in the market. This order is a result of continuous efforts working with this OSAT, that already has multiple Camtek systems. We believe that our selection as tool of choice for this project, will generate additional orders for us going into 2011. We believe that our system meets the inspection needs of our customers in general, and particularly within the OSAT environment, given the subcontractor's requirements for rigorous cost and performance constraints combined with flexibility.
What They Do: Camtek Ltd provides automated solutions dedicated for enhancing production processes and yield, enabling our customers new technologies in two industries; Semiconductors, Printed Circuit Board (PCB) & IC Substrates.
Science Applications International Corporation (NYSE: SAI) $15.99. Today announced it was awarded a new prime contract by the U.S. Army Program Executive Office for Simulation, Training and Instrumentation, to provide technical solutions to support the modernization of Army training ranges worldwide. The multiple award, indefinite-delivery/indefinite-quantity contract has a one-year base period of performance, four one-year options, and a total ceiling value of $400 million for all awardees if all options are exercised.
The Common Army Ranges and Target Systems (CARTS) contract will support the modernization of existing training ranges by integrating new devices and target systems. These modernization efforts will be compliant with Future Army System of Integrated Targets (FASIT), the Army's program that establishes a common standard for performance, communication, and protocol associated with targets and devices used at all Army training ranges. SAIC will be eligible to compete for task orders to provide systems engineering, integrated solutions and installation services to support the development of range instrumentation systems and infrastructures.
What They Do: SAIC is a FORTUNE 500 scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health.
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