DANBURY: FuelCell Energy, Inc. [Nasdaq:FCEL], reported financial results for its first fiscal quarter ended January 31, 2018 and reported total revenues for the first quarter of 2018 of $38.6 million, compared to $17.0 million for the first quarter of 2017.
“We are pleased that solid execution in our global markets continues to translate to improved financial results compared to the prior year,” said Chip Bottone, President and Chief Executive Officer, FuelCell Energy. “We continue to see favorable momentum in our marketplace, both in U.S. federal policy and with project execution and development. The passage and execution of the two legislative bills in February levels the playing field for fuel cells and will attract capital investment, which will enable us to continue to expand our market reach of this ultra-clean, efficient energy solution.”
HARTFORD: Stanley Black & Decker (NYSE: SWK) and Techstars are taking applications period for the Stanley+Techstars Additive Manufacturing Accelerator.
Stanley Black & Decker and Techstars a manager of startup accelerators created a three-year partnership and the launch of the Stanley+Techstars Additive Manufacturing Accelerator in Hartford. The “mentorship-driven, entrepreneurial accelerator program will select 10 startups in the additive manufacturing space to participate in its first year.
The Stanley+Techstars Additive Manufacturing Accelerator will focus on additive manufacturing, which includes technologies that build 3D objects by adding layer-upon-layer of material. The materials range from plastics and metals to concrete, among others. The technologies may include 3D printing, rapid prototyping, direct digital manufacturing, layered manufacturing and additive fabrication