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powerfilm inc (PFLM) Snapshot

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powerfilm inc (PFLM) Details

PowerFilm, Inc., a solar technology company, develops, manufactures, markets, and sells thin-film solar products and modules worldwide. The company offers foldable and rollable solar panels; golf car charging kits, which include solar panel, charge controller, cabling, and self tapping snaps; solar solutions for government and military sector; and thin-film solar panels for the marine environment. It also provides recreational vehicles kit comprising solar panel, charge controller, cabling, and cable tie-downs; custom original equipment manufacturer solar modules; and accessories, including marine-grade components, connectors, power port adapters, charge controllers, battery charger packs, extension cords, and adventure and assurance kits. PowerFilm, Inc. was founded in 1988 and is based in Ames, Iowa.

72 Employees
Last Reported Date: 04/6/14
Founded in 1988

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powerfilm inc (PFLM) Key Developments

PowerFilm, Inc. Announces Unaudited Preliminary Earnings Results for the Six Months Ended June 30, 2014

PowerFilm, Inc. announced unaudited preliminary earnings results for the six months ended June 30, 2014. For the period, the company reported operating revenues of $3,069,675 against $3,316,298 for the same period a year ago. Operating loss was $1,252,365 against $1,394,981 for the same period a year ago. Loss before income tax was $1,290,440 against $1,486,289 for the same period a year ago. Net loss was $1,290,440 or $0.04 basic and diluted per share against $972,289 or $0.03 basic and diluted per share for the same period a year ago. Net cash provided by operating activities was $14,399 against net cash used in operating activities of $116,036 for the same period a year ago. Purchase of property and equipment was $168,329 against $40,963 for the same period a year ago.

PowerFilm Announces Military Contracts with the US Army and United States Marine Corps

PowerFilm®, Inc. announced military contracts with the US Army and United States Marine Corps (USMC). The United States Marine Corps (USMC) has selected PowerFilm for a contract to develop improved thin film solar products for their equipment testing programs for their SPACES and GREENS programs. This contract provides $634,000 of research funding over a period of 12 months and will result in the delivery of a set of improved thin film photovoltaics arrays for field testing by the USMC. Two types of array are being developed under this contract: a new generation of the PowerFilm 60 Watt foldable panel which is extremely light weight for portability and a larger 240 Watt foldable panel. The latter will be used as base power and therefore needs to have adaptable mounting options. PowerFilm announced that it has been awarded a $3.0 million contract from the US Army for developing high performance photovoltaic (PV) arrays which combine multiple solar technologies. Approximately half of the $3.0 million will be going to PowerFilm, and the balance to sub-contractors.

PowerFilm, Inc., Annual General Meeting, Jun 05, 2014

PowerFilm, Inc., Annual General Meeting, Jun 05, 2014., at 14:30 Central Standard Time. Location: 1287 XE Place.


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