| | Business Summary | | Beacon
Power
Corp.
designs
and
develops
flywheel
energy
storage
systems
that
it
believes
will
provide
highly
reliable,
high-quality,
uninterruptible
electric
power
for
communications
and
computer
networks,
the
Internet,
industrial
manufacturing,
commercial
facilities
and
distributed
generation
products
that
allow
the
user
to
generate
power
locally
by
converting
fuel
to
electricity.
The
Company's
initial
product
will
provide
two
kWh
(kilowatt-hours)
of
energy
at
up
to
one
kW
(kilowatt)
of
power.
Thus,
the
two-kWh
flywheel
would
be
able
to
provide
10
hours
of
back-up
power
to
a
telecommunications
site
that
requires
200
watts
of
power.
For
a
site
using
the
full
one-kW
capacity
of
the
conversion
electronics,
the
flywheel
would
provide
back-up
power
for
two
hours. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Beacon
Power
is
a
designer
and
developer
of
flywheel
energy
storage
systems
that
provide
electric
power
for
communication
networks,
computers,
the
Internet,
industrial
manufacturing,
commercial
facilities
and
distributed
generation
applications.
For
the
six
months
ended
6/01,
revenues
remained
flat
at
$0.
Net
loss
applicable
to
Common
increased
62%
to
$12.1
million.
Results
reflect
the
absence
of
research
work,
along
with
increased
R
and
D
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Stanton, 57
Pres,
CEO, Director | $451K | James Spiezio, 52
CFO,
VP-Fin. | 216K | Maureen Lister, 38
VP
of Operations Management and CAO | 241K | John Doherty, 57
VP
of Sales and Marketing | -- | Robert French, Ph.D., 61
VP
of Manufacturing | 110K | | 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.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/b/bcon.gif)