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Altair Nanotechnologies Reports Q1 2008 Lower Revenues and Higher Loss

For the quarter ended March 31, 2008, the company reported revenues of $1.07 million, down from $1.14 million in the same quarter of 2007. The net loss was $8.29 million, or ten cents per share, compared to a net loss of $5.18 million, or seven cents per share, for the first quarter of 2007.

Posted: May 7th, 2008

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Arrowhead Sells Subsidiary Aonex Technologies to AmberWave Systems

Arrowhead Research Corporation announced today the sale of its majority-owned subsidiary, Aonex Technologies, to AmberWave Systems. Under the terms of the deal, AmberWave will pay Aonex shareholders up to $7.95M in earn-out payments, plus a running royalty on sales of solar products incorporating Aonex's technology.

Posted: May 6th, 2008

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