Click here to close now.




















Welcome!

Agile Computing Authors: Yeshim Deniz, Samuel Scott, Pat Romanski, Carmen Gonzalez, Greg O'Connor

News Feed Item

Navitas Systems LLC Acquisition of A123 Systems’ Government Business Approved by Bankruptcy Court

Navitas Systems LLC (www.navitassys.com), a leading provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers, today announced that the United States Bankruptcy Court for the District of Delaware (the “Court”) has approved the sale of A123 Systems’ Ann Arbor, Mich.-based government business, including all U.S. military contracts, for $2.3 million to Navitas. A123 is a developer and manufacturer of advanced Nanophosphate® lithium iron phosphate batteries and systems for the transportation, electric grid, commercial and government markets.

Alan ElShafei, Chairman and Founder of Navitas Systems, said “In our due diligence of A123’s government business leading up to last week’s auction, we received detailed briefings on the impressive depth and breadth of A123’s proprietary Nanophosphate lithium ion battery chemistry and other advanced technologies being developed for critical government and military applications. Based on this group’s robust and vital technology roadmap, we’re absolutely committed to invest in the people and infrastructure needed to continue delivering outstanding U.S.-designed battery solutions to military and government customers.”

The Navitas management team has a successful track record in past ventures due in part to its solid capital structure and disciplined approach to profitability, and also its continued investment in both people and IP. The Navitas team intends to continue to invest in the Ann Arbor R&D facility to enhance its focus on research and development of advanced chemistry batteries and low-volume cell manufacturing. The closing on this transaction is expected in early 2013.

Nancie ElShafei, CEO and owner of Navitas Systems, said “The suite of advanced battery technologies coming soon to military and government agencies is being developed by an even more impressive group of world-class scientists and engineers. We’re determined to maintain and grow this organization as a strategic asset in maintaining U.S. competitiveness”.

"The military demand for secure, small and light-weight unmanned surveillance and reconnaissance systems is surging. Whether airborne, land-based, seaborne or submersible, such systems will turn to safe, efficient batteries for electric power or propulsion”, said USAF Lt. General (Ret.) Mark Shackelford. “Navitas Systems has the innovative expertise to bring advanced chemistry solutions to lithium ion energy storage and power management systems, and is well-postured to become a preferred supplier for this rapidly expanding market."

Navitas views the dual locations of both Ann Arbor, Mich. and Woodridge, Ill. to be a unique advantage in developing specialized applications for the government and military given the need to keep pushing the boundaries in terms of energy stored per unit weight and size. Thomas Golab, Vice President of Strategic Initiatives for Navitas Systems, said “We purposefully sited our headquarters just outside the expansive campus of the Department of Energy’s Argonne National Laboratories. Over the years, our team has developed a good working relationship with Argonne’s advanced battery personnel, and we see this as an additive opportunity for both organizations. With the recent announcement by the DOE to locate the Energy Hub at Argonne--combined with the acquisition of A123’s advanced R&D facilities in Ann Arbor—we find ourselves literally and ideally positioned to maintain ,attract, and interact with the scientific talent needed to compete on a world stage”.

“I was delighted to learn that Navitas Systems will acquire A123’s government business, which indicates that Navitas permitted the highest possible value to be paid for the balance of A123 Systems’ assets and the largest possible new investment to be made in U.S. battery technology. That is good news for the U.S. advanced battery industry,” said James Greenberger, Executive Director for the National Alliance for Advanced Technology Batteries (NAATBatt), the trade association for the U.S. advanced battery industry. “I have known Alan ElShafei and his team at Navitas (formerly MicroSun IESS) for many years. Alan has been a quiet success in the industry during a time when others were dominating the news. I’m sure that we will be hearing a lot more about Navitas Systems in the future, and all of us at NAATBatt wish them great success.”

About Navitas Systems, LLC

Navitas Systems, founded in 2010, is a woman-owned small business headquartered in Woodridge Illinois. Located in a state-of-the-art 100,000 square feet facility-with local and offshore partners and solid financial stability, Navitas is well positioned to continue serving major worldwide customers.

What drives Navitas is the passion for bridging the gap between customer challenges and environmentally and financially sustainable solutions. Navitas Systems is a leader in integrated design, technology development, and manufacturing, providing energy enabled system solutions and energy storage products for commercial, industrial and government agency customers. Navitas products range from customized energy storage solutions for motive, idle-reduction and defense related applications, along with custom renewable energy integrated power systems, to standard products like lithium based lead-acid replacement batteries. For more information visit www.navitassys.com and follow @Navitas_Systems on Twitter.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Containers are not new, but renewed commitments to performance, flexibility, and agility have propelled them to the top of the agenda today. By working without the need for virtualization and its overhead, containers are seen as the perfect way to deploy apps and services across multiple clouds. Containers can handle anything from file types to operating systems and services, including microservices. What are microservices? Unlike what the name implies, microservices are not necessarily small, but are focused on specific tasks. The ability for developers to deploy multiple containers – thous...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Communication) is an open source project supported by Google, Mozilla and Opera that aims to enable bro...
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of streaming data in the cloud with an enterprise grade SLA. It features built-in integration with Azur...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and analyzed? As an area of investment, how might a retail company move towards an innovation methodolo...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on demos and comprehensive walkthroughs.
Contrary to mainstream media attention, the multiple possibilities of how consumer IoT will transform our everyday lives aren’t the only angle of this headline-gaining trend. There’s a huge opportunity for “industrial IoT” and “Smart Cities” to impact the world in the same capacity – especially during critical situations. For example, a community water dam that needs to release water can leverage embedded critical communications logic to alert the appropriate individuals, on the right device, as soon as they are needed to take action.
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so they don't have to be replaced and are instantly converted to become smart, connected devices.
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts, GM of Platform at FinancialForce.com, will discuss the value of business applications on wearable ...
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.