Title: Beacon Power Corp (NASDAQ:BCON) Is The Most Active On NASDAQ During Morning Trading Hours
Industry sector: Energy storage
Beacon Power Corp (NASDAQ:BCON) moved up 30.4% in the early morning trade and it currently trades at $1.03.The stock trades on a high volume of 2.30 million shares compared to total average daily volume of 1.43 million shares. Today, Beacon Power Corporation announced that it has received a conditional commitment from the U.S. Department of Energy (DOE) for a loan guarantee of approximately $43 million. The DOE’s offer outlines terms for a loan that would finance more than 60% of Beacon’s planned 20-megawatt (MW) flywheel-based energy storage plant to be located in Stephentown, New York. Beacon Power Corporation designs and develops products and services to support electricity grid operation. Beacon is a development-stage company. The focus of its research and development has been to establish flywheel-based energy storage technologies that can provide energy solutions for the worldwide electricity grid. The Company focuses on the geographic regions of the domestic grid that provide open bid markets for regulation services.
XTENT, Inc (NASDAQ:XTNT) increased over 25% to $1.04.The trading volume of the stock in the early hour is 603K. Over the last month the stock has gained nearly 267%.XTENT, Inc is a development-stage medical device company focused on developing and commercializing drug eluting stent (DES), systems for the treatment of coronary artery disease (CAD). The DES systems are designed to enable physicians to customize both length and diameter of the stent at the site of the diseased section of the artery, or lesion, which is referred to as in situ customization. The stent systems, the Custom NX 36 and the Custom NX 60, include a modular cobalt chromium stent design, as well as a delivery system. The Company is developing the 36 millimeter and 60 millimeter stent systems based on the technology platform.
B.O.S. Better OnLine Sol. (USA) (NASDAQ:BOSC) jumped over 17% in the early morning trade and currently trades at $0.470 on a thinly traded volume of 99K shares. B.O.S. Better Online Solutions Ltd. (BOS) operates in two segments: Supply Chain Solutions and Mobile and radio frequency identification devices (RFID). Supply Chain Solutions is conducted through two wholly owned subsidiaries: Odem Electronic Technologies 1992 Ltd. and Summit Radio Corp. Mobile and RFID Solutions is conducted through BOS and two wholly owned subsidiaries: Dimex Solutions Ltd. (formerly BOScom Ltd.) and its subsidiary Dimex Hagalil Projects (2008) Ltd.
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