Active Power Begins New Business Model to Support Monetization of Intellectual Property and Create Long-Term Stockholder Value
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Company Changes Name to P10 Industries Following Completion of Asset Sale
Company Changes Name to P10 Industries Following Completion of Asset Sale
AUSTIN, TX — (Marketwired) — 11/19/16 — Active Power (NASDAQ: ACPW), the flywheel energy storage specialist, has completed the sale of its business to Piller Power Systems, Inc. ("Piller") pursuant to the Asset Purchase Agreement ("APA") announced Sept. 30, 2016. The deal was at a special meeting of stockholders on Nov. 16, 2016.With its installed base of more than 5,000 kinetic energy storage units worldwide, Active Power complements Piller–s business perfectly. Piller
Transaction Unites Flywheel UPS Specialist With World–s Largest Rotary UPS Manufacturer
Battery-Free, Reliable Design Makes Ideal Solution for Nationally Recognized Health Care Organization
AUSTIN, TX — (Marketwired) — 07/26/16 — Active Power (NASDAQ: ACPW), a manufacturer of flywheel energy storage products and modular infrastructure solutions (MIS), announced today that its board of directors is conducting a review of strategic and financial alternatives to potentially accelerate key growth initiatives and enhance total shareholder value. This process has the goal of identifying the best way to enhance shareholder value. The company has engaged Vinson & Elkins LLP as its
AUSTIN, TX — (Marketwired) — 06/15/16 — Active Power (NASDAQ: ACPW), a manufacturer of flywheel energy storage products and modular infrastructure solutions (MIS) for mission critical applications worldwide, today announced that its board of directors has adopted a Net Operating Loss ("NOL") Shareholder Rights Agreement (the "NOL Rights Plan") designed to preserve its substantial tax assets. As of December 31, 2015, Active Power had U.S. federal and state net operating lo
Battery-Free, High Efficiency Design Makes CleanSource(R) HD UPS Ideal Solution for Sustainably-Designed Data Center
Company Appoints Daryl Dulaney to Board
Backlog Improves 45% Year-Over-Year
Company to Speak at Critical Power Expo on Significant Industry Trends