I think that Richard, ie numbrcruncher is either sour on the past management and won't give the new guys a chance or he joined the lawsuit that was filed. I know he was thinking about it.
Luna coating provides radiation protection in space
May 6, 2015
Senior Research Scientist and Protective Materials Team Lead
Charge Dissipating Transparent Conformal Coating for Spacecraft Electronics
Space mission planners are continually striving to push technologies further to explore new and environmentally harsh regions of the universe. Associated space systems must meet their performance requirements regardless of environmental conditions and their engineering design and construction are paramount to their success. A possible future mission to explore Jupiter’s moon Europa, for example, would encounter radiation levels seven times greater than Earth’s geostationary orbit. In addition to the Jovian and other outer planet environments, highly charged environments can also exist at Geosynchronous Earth Orbit (GEO), Medium Earth Orbit (MEO), and Polar Low Earth Orbit (PLEO) owing to solar winds/storms and trapped radiation belts. There is therefore a need for advanced materials to protect sensitive spacecraft electronics from harsh energetic conditions across a variety of different mission platforms. To serve this need, Luna has developed a charge dissipating conductive conformal coating to enable greater radiation hardening and electrostatic discharge (ESD) mitigation for spacecraft electronics.
The coating is deemed LUNA XP-CD-B and was developed through a NASA STTR Phase I project (Contract #NNX11C129P). The coating meets the required volume resistivity of 1×108 – 1×1012 ohm-cm for ESD protection across a wide temperature range, is optically transparent, inspectable under ultraviolet light, easy to apply and repair, low outgassing, and has excellent adhesion and flexibility. The coating offers performance properties of both common conformal coating protection and radiation hardening through ESD mitigation. The addition of ESD protection in a single conformal coating gives spacecraft designers a new tool to protect sensitive electronics from
He will be gone after the first election. Really stupid they allowed him to stay, but at least he is only one vote. The other two API directors have the support of Risser and Williamson, so they will be an asset to us. I just wish the merger would occur so we can see this start to get back to a reasonable valuation.
we have wanted to get rid of the Filtertech idiots and Kurtz for years. This is great news!
most likely this relates to the contract of $1.4 million last week, but maybe not. I'm trying to find out.
Sadly, the company is not even announcing new contracts. Picometrix a subsidiary of API got a 1.4 million dollar contract award with the Air Force yesterday. It's posted on my blog, and over on IV.
No chance of going bankrupt for over a year, imo.. Net working capital as of September 26, 2014 was $4.2 million. they are on the cusp of profitability but never seem to quite get there. I do anticipate increased HSOR and THz sales going forward incrementally. It looks bleak as hell now, but there is a good chance of better times ahead. Big risk, big reward.