Braintech, Inc., a provider of software products that offer robust, scalable and transferable Vision Guided Robotic (VGR) solutions used for industrial and government and defense service applications, recently announced that the company’s wholly owned subsidiary, Braintech Government & Defense, Inc., received a subcontract from BAE Systems on a U.S. government and defense contract. Braintech is currently developing automated assembly solutions based on its industry-leading VGR technology in Phase II of the Automated Weapons Assembly project for the Office of Naval Research.

Adam Marsh, BAE Systems’ program manager, commented, “With its unique vision guidance software technology and dedicated technical team, Braintech is developing a critical system component that was key to proving to the customer that weapon assembly could be automated. Mr. Marsh concluded, “This will reduce the number of sailors required, reduce the risk of injuries and provide a reliable, repeatable process for the Navy. BAE Systems is very pleased

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Tuesday October 13, 2009

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) has announced that it has filed PCT patent applications for new International Patent protections for its Nano Cavitation Technologies

Medtronic, Inc. (NYSE: MDT), announced today the initiation of a feasibility study of an interventional treatment for erectile dysfunction (ED) that uses a specially-designed drug-eluting stent system. The study, called ZEN (Zotarolimus-Eluting Peripheral Stent System for the Treatment of Erectile Dysfunction in Males with Sub-Optimal Response to PDE5 Inhibitors), is being

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Thursday September 3, 2009

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Solomon Technologies, Inc. (Pink Sheets: SOLM) announced today that its Technipower subsidiary shipped several orders for power systems to a premier nuclear power plant supplier. The systems are rigorously tested, inspected and certified by the customer for use in a nuclear power generating facility’s reactor control and safety systems.

Elephant Talk Communications, Inc. (OTC Bulletin Board: ETAK), an international telecom and multimedia content distributor specializing in carrier grade mobile enabling platforms, today announced that the Company will participate in the Rodman & Renshaw Annual Global Investment Conference to be held at the New

Honeywell International Inc. (HON) announced that it has been awarded an additional option year on a contract from the U.S. Army to improve performance and extend the life of the AGT1500 turbine engine that powers the M1 Abrams tank.

The Total Integrated Engine Revitalization Program fourth year option has a not-to-exceed value of more than $300 million, bringing the total contract value to more than $1.4 billion. Honeywell is working with the Army’s Program Manager Heavy Brigade Combat Team, TACOM Life Cycle Management Command and Anniston Army Depot (ANAD) under the contract to provide parts, engineering, depot and field support services, enabling ANAD to reset and maintain approximately 750 engines.

The company also announced that United Kingdom’s Ministry of Defense will purchase the Honeywell 55-L-714A engine and spares, valued at approximately $185 million, to retrofit their fleet of Chinook helicopters. The engines will be provided to the Ministry of Defense over

Gold added about five bucks to its price from the time that trading began in the Far East Thursday…and the London a.m. gold fix. Then from there, it gave back seven dollars going into the p.m. gold fix…and after that, it gained over eight dollars until half past lunchtime in New York. Then a really serious seller showed up taking nine bucks off the price between then and the close of electronic trading in New York. It was pretty choppy trading all around…and it was obvious that every rally ran into serious resistance. The same could be said for silver. But according to the usual New York gold commentator [who is not Dennis Gartman, by the way], volume in gold was heavy…estimated at 140,658 contracts…”which involved a 21.6% surge in the last half-hour. The presence of such determined buyers and sellers during the floor session is unusual.”

Wednesday’s open interest in