SatCon Receives over $1.0 Million in New Fuel Cell Electronics Orders
SatCon Technology Corporation(R) (SATC), a manufacturer of electronic power control systems, today announced that its Power Systems division in Canada received new purchase orders this month totaling in excess of $1.0 million for its fuel cell Power Conditioning Units (PCU's). Delivery of the units is scheduled during this calendar year. [ full story ]
Satcon currently trades at 4x book value and is currently testing a key support level around $2.00.