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    News and Articles on Valence Technology (VLNC)


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    Valence Technology inks private placement deal  Oct 16, 2009
    for free extra services. Subscribe to Austin Business Journal. (Austin Business Journal, TX)

    NI project 'disturbs' committee  Oct 1, 2009
    The firm, Valence Technology, got 15m of government help before it relocated its manufacturing operation to China ... " Valence Technology was supposed to set up a plant in Mallusk, County Antrim, making lithium batteries, employing 660 people. However, it fell significantly short of its expected job and investment levels. The government spending watchdog found that over a nine-year period to 2003, there were several critical points at which the IDB should have called a halt to the project for... (BBC News -- UK)

    Valence co-founder invests $2.5 million  Jun 19, 2009
    2 million shares of Valence Technology Inc. for 2. 5 million. (Cedar Park Hill Country News Weekender, TX)

    Robert Kanode  Jun 6, 2009
    President and CEO, Valence Technology Inc. ... Kanode, the president and CEO of Austin-based Valence Technology Inc. (Nasdaq: VLNC), said the company was already on its third-generation battery, and teaming up with other companies would provide little benefit to Valence. (Austin Business Journal, TX)

    BREAKING NEWS: Proposed facility in Leander to provide 4,000 jobs  May 29, 2009
    Valence Technology, Inc., a leading U.S.-based manufacturer and supplier of lithium iron magnesium phosphate energy storage solutions, announced on Wednesday it plans to open a facility in Leander that would provide 4,000 jobs ... "Texas knows energy and as a United States public corporation we appreciate Texas' determination to become the leader of the next energy evolution. Valence Technology wants to put that expertise to work with this grant. We've already demonstrated our manufacturing... (Cedar Park Hill Country News Weekender, TX)

    Austin companies hit as markets drop  Apr 8, 2009
    5 percent), Valence Technology Inc. (down 8 ... Valence Technology Inc. (Nasdaq: VLNC) down 8. (Austin Business Journal, TX)

    Valence applies for federal loan  Apr 3, 2009
    Lithium battery maker Valence Technology Inc. said Thursday it has applied for $608 million in low-interest federal loans. Austin-based Valence (Nasdaq: VLNC) said if it gets the loan from the U.S. Energy Department's Advanced Technology Vehicles Manafuctring Incentive program it will use the money to fund construction of a new $760 million manufacturing plant in the region. (Austin Business Journal, TX)

    M.I.T. Energy: From Algae to Wind Turbines [Slide Show]  Mar 13, 2009
    ELECTRIC PORSCHE: M.I.T. students have converted a 1976 Porsche 914 to run on 18 lithium phosphate batteries from Valence Technology. COURTESY OF RACHEL VANCOTT/MIT. (Scientific American)

    Local stocks rise with Wall Street rally  Mar 11, 2009
    Valence Technology Inc. (Nasdaq: VLNC) up 10 percent to $1. 20. (Austin Business Journal, TX)

    Report lists 'series of errors'  Feb 25, 2009
    The firm, Valence Technology, received 15m of government assistance before it pulled out of Northern Ireland and relocated its operations to China ... In all, Valence Technology was given 15m in assistance before it relocated to China in 2003. (BBC News -- UK)

    Austin could snag major plant  Feb 8, 2009
    Local energy storage companies that haven t publicly joined the coalition include Austin-based Valence Technology Inc., Cedar Park-based EEStor Inc. and Kyle-based Xtreme Power Inc.. Valence CEO Robert Kanode said the company, which was founded in 1989 and is on its third generation of battery systems, may be better off not joining. (Austin Business Journal, TX)




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