| Business Summary | | FuelCell
Energy,
Inc.
is
a
developer
of
carbonate
fuel
cell
technology
for
stationary
power
generation.
The
Company
has
developed
a
proprietary
patented
carbonate
fuel
cell,
which
the
Company
believes
has
significant
advantages
in
terms
of
fuel
efficiency
and
cost
over
competing
fuel
cells
for
stationary
power
generation.
The
Company
manufactures
carbonate
fuel
cells,
generally
on
a
contract
basis.
Its
revenue
is
primarily
generated
from
agencies
of
the
United
States
government
and
customers
located
throughout
the
United
States,
Europe
and
Asia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FuelCell
Energy
is
a
developer
of
electrochemical
technologies
for
electric
power
generation
and
has
developed
a
proprietary
fuel
cell
which
has
advantages
in
terms
of
fuel
efficiency
and
cost
for
stationary
power
generation.
For
the
six
months
ended
4/30/01,
revenues
rose
39%
to
$11.8
million.
Net
loss
totaled
$7.9
million,
up
from
$1.7
million.
Results
reflect
increased
R&D
contract
revenue,
offset
by
increased
administrative
and
research
and
development
costs. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
7,622;
after
tax
earnings
were
-2,765. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bernard Baker, Ph.D., 64 Chairman | -- | -- | Jerry Leitman, 58 Pres,
CEO, Director | $467K | -- | Joseph Mahler, 48 CFO,
Sr. VP, Treasurer, Sec. | 266K | -- | Christopher Bentley, 58 COO,
Exec. VP, Director | 311K | $1.2M | Hansraj Maru, Ph.D., 56 Exec.
VP, CTO, Director | 252K | 345K | Dollar
amounts are as of 31-Oct-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
|
|