| Business Summary | | Capstone
Turbine
Corporation
develops,
designs,
assembles
and
sells
Capstone
MicroTurbines
for
worldwide
applications
for
on-site
power
production,
also
known
as
distributed
power
generation,
and
hybrid
electric
vehicles
that
combine
the
primary
source
battery
with
an
auxiliary
power
source,
such
as
a
microturbine,
to
enhance
performance.
The
Company's
30-kilowatt
and
60-kilowatt
products
are
designed
to
produce
electricity
for
commercial
and
small
industrial
users.
The
Company's
microturbines
combine
patented
air-bearing
technology,
advanced
combustion
technology
and
power
electronics
to
form
efficient
and
reliable
electricity
and
heat
production
systems.
In
addition,
the
Company's
advanced
technology
allows
its
microturbines
to
operate
by
remote
control.
Capstone
MicroTurbines
operate
on
the
same
principle
as
a
jet
engine,
but
can
use
a
variety
of
commercially
available
fuels,
such
as
natural
gas,
diesel,
kerosene
and
propane,
as
well
as
previously
unusable
or
underutilized
fuels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Capstone
Turbine
Corp.
designs,
develops,
assembles
and
sells
Capstone
MicroTurbines,
compact,
environmentally
friendly
generators
of
electricity
and
heat
which
provide
power
at
the
site
of
consumption
and
to
hybrid
electric
vehicles.
For
the
six
months
ended
6/30/01,
revenues
totaled
$22.5
million,
up
from
$9.8
million.
Net
loss
applicable
to
Common
decreased
97%
to
$19.7
million.
Results
reflect
increased
unit
shipments
and
the
absence
of
$559.9
million
in
preferred
dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ake Almgren, Ph.D., 54 Pres,
CEO, Director | $425K | $260K | Jeffrey Watts, 50 Sr.
VP-Fin. and Admin., CFO, Sec. | 164K | 31K | William Treece, 60 Sr.
VP, Strategic Technology Devel. | 150K | 136K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|