Composite Turbine Fan Blades Superior to Titanium Blades 11/02/01 UCSD engineers working with NASA and the USAF are developing composite turbine fan blades for jet engines. Initial tests show the composite blades are superior to the titanium blades they would replace. Trying to Make Spider Silk 11/02/01 Several researchers around the world are attempting to make artificial spider silk. If successful, the material could replace traditional engineering fibers.
EZ-Rocket Completes First Phase Test Flights 11/02/01 The EZ-Rocket, a rocket-powered airplane based on the Long-EZ, has successfully completed the first phase of its test flight program. Carbon Nanotubes Detect Structural Flaws 11/02/01 A NASA Langley team is embedding carbon nanotubes within structural materials to act as nondestructive evaluation sensors. Smallest Flapping-Wing Machine Achieves Flight 11/02/01 A miniature robot with a wingspan of three centimeters achieved limited flight by flapping its wings. The UC Berkeley team hopes to achieve untethered flight by 2003. Lockheed Martin Team Wins JSF Contract 11/02/01 The team led by Lockheed Martin was selected by the Pentagon to build the Joint Strike Fighter (JSF) aircraft. Hexcel Reports Loss for Third Quarter of 2001 10/29/01 Hexcel reported a loss for the third quarter of 2001. Growth in aerospace and defense sectors was more than offset by declines in electronics. QUANTUM Displays Cylinder at GM Fuel Cell Seminar 10/29/01 GM presented QUANTUM's advanced compressed hydrogen storage technology at the General Motors Fuel Cell technical seminar in Tokyo. PPG Declares Regular Quarterly Dividend 10/29/01 The board of directors of PPG Industries declared a regular quarterly dividend of 42 cents a share, payable Dec. 12 to shareholders of record Nov. 12. PPG Reports Lower Third Quarter Earnings and Sales 10/29/01 PPG Industries reported third quarter 2001 net income of $93 million, compared to $150 million for the same quarter in 2000. Sales were down across all business segments. Omni-Lite Reports Increase in Third Quarter Revenues 10/29/01 Omni-Lite announced that revenues for the third quarter were in excess of $975,000 US or approximately $1,521,000 CDN, an increase of 65% over the same period in fiscal 2000. Cymat Acquires Rights to Aluminum Foaming Technology 10/29/01 Cymat announced that it has entered into an agreement with Cambridge University and QinetiQ (UK Department of Defense) to secure the exclusive licensing rights to a new hybrid aluminum foaming technology. ATK Reports Strong Growth in Second Quarter Earnings 10/29/01 ATK completed the first half of fiscal year 2002 with strong gains in second-quarter sales and earnings. New revenues from Thiokol Propulsion boosted second-quarter sales 57 percent. Conoco Earnings Down, Cevolution Costs Increase 10/29/01 Conoco reported lower earnings during the quarter. Research and development costs for Cevolution, the company's carbon solutions business, and expenses incurred to construct the natural gas refining pilot plant in Ponca City, Okla. contributed to higher expenses. Thermo Fibergen Reports Increased Third Quarter Loss 10/29/01 Thermo Fibergen reported a third quarter 2001 net loss of $1,247,000 versus net income of $313,000 last year. Revenues from composite building materials were approximately $235,000 and $151,000 in the 2001 and 2000 quarters, respectively. Kadant Reports Loss in Composites after Startup Costs 10/29/01 Kadant reported net income for the third quarter of 2001 was $2.0 million, compared with $4.3 million for the same period last year. Included are $0.8 million of net losses from the company's composite building products business. Aldila Reports Third Quarter Loss and Drop in Sales 10/29/01 Aldila announced 2001 third quarter net sales were $6.8 million, compared to net sales of $10.8 million for the 2000 third quarter. The company had a net loss of $515,000 for the third quarter of 2001, compared to net income of $37,000 in the 2000 third quarter. Core Materials Acquires FRP Manufacturer Airshield 10/23/01 Core Materials Corporation announced that it has acquired substantially all the assets of Airshield Corporation, a privately held manufacturer of fiberglass reinforced plastic parts for the truck and automotive-aftermarket industries. USTech Materials Distributing PEAR Test Samples 10/23/01 USTech Materials has begun providing test samples of its high performance PEAR (PolyEther Amide Resin) system to potential customers. Dynetek Hires Managing Director for German Facility 10/23/01 Dynetek Industries has hired Dr. Chris Rasche, a well-known industry scientist to lead the Company's operations in Germany. Dr. Rasche will be Managing Director of production, R&D, certification and standardization. Cymat Appoints Three New Managers 10/23/01 Cymat has augmented its management team through the appointment of three new managers. The new team will assist in commercializing Cymat's aluminum foam. Cymat Files Patent Application for Casting Process 10/23/01 Cymat has filed a patent application in the U.S. for a novel low-pressure casting process using its proprietary aluminum foam. Intellitec Receives Composite Flap Fairing Contract 10/23/01 Intellitec has successfully entered into a $5.1 million long-term contract agreement with the Boeing Company, St. Louis, MO, for the production of composite flap fairing components on the F/A-18E/F Super Hornet utilizing Intellitec's unique resin transfer molding (RTM) process. QUANTUM Seeks Regulatory Approval for Hydrogen Cylinder 10/23/01 QUANTUM Technologies has initiated regulatory approval for its 10,000 psi hydrogen storage cylinder. QUANTUM was the first to achieve a hydrostatic burst test in excess of 24,000 psi on a 10,000 psi ultra-lightweight, all-composite, hydrogen storage tank. Cyclics Completes Large CBT Resin Production Run 10/23/01 Cyclics Corporation recently completed a large production run of its CBT resin. It also held a groundbreaking ceremony for its new headquarters in Schenectady, NY.
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