A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat

A123 Bites the Dust

A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat

A123, one of the most innovative lithium-ion battery makers around, has filed for Chapter 11 bankruptcy, after having its hopes of being bought out by a Chinese concern raised, then dashed. “Being firstest with the mostest”—a 19th century cavalry officer's succinct definition of strategy—isn’t always enough to ensure success in the biz-tech world, where the initiators of new ideas often do worse than the me-too crowd. Such is the case for A123, of Waltham, Mass., which just sold most of its assets to Johnson controls, of Milwaukee, Wisc., for US $125 million. That sum will come with additional financing to enable A123 to continue operations while the sale goes forward. IEEE Spectrum first wrote about A123’s innovative cathodes back in 2007, when the details of that technology —based on iron phosphate —were still under wraps. We’ve covered the company and its travails ever ...

Full article: http://spectrum.ieee.org/tech-talk/green-tech/advanced-ca...

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@eepublishers » 17 Oct '12, 9am
RT @IEEESpectrum: A123 fails: new tech & federal loan guarantees couldn't keep this lithium-ion battery company afloat [link]
@thomasilfrich » 17 Oct '12, 9am
RT @tim_harper: A123 Bites the Dust - IEEE Spectrum [link]
@longjie0723 » 17 Oct '12, 12am
A123 Bites the Dust ロボットで使ってるところも多いんじゃないかな。うちもそうだ。どうなるんだろ。 [link]
@cpuguru » 16 Oct '12, 11pm
A123, one of the most innovative lithium-ion battery makers around, has filed for Chapter 11 bankruptcy - [link] #IEEE
@Benwatban » 16 Oct '12, 10pm
RT @CientificaLtd: A123 Bites the Dust [link]
@TimWeber » 16 Oct '12, 10pm
Ohhh crap. RT @IEEESpectrum A123 Bites the Dust [link]
@aldoceccarelli » 16 Oct '12, 9pm
RT @IEEESpectrum: A123 Bites the Dust: Innovative tech couldn't keep this lithium-ion battery company afloat [link] #in
@CientificaLtd » 16 Oct '12, 9pm
A123 Bites the Dust - IEEE Spectrum [link]
@xvdr » 16 Oct '12, 9pm
A123 Bites the Dust [link] #tech #science
@anhn_cs » 16 Oct '12, 9pm
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion ba... [link] #ieeeSpectrum
@TasdemirAsan » 16 Oct '12, 9pm
RT @IEEESpectrum: A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@IEEEGreen » 16 Oct '12, 9pm
A123 Bites the Dust [link] #IEEE #IEEEGreen
@IEEESpectrum » 16 Oct '12, 9pm
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@CleanEnergyPrin » 16 Oct '12, 8pm
Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@rikardComputers » 19 Oct '12, 7pm
RT @IEEESpectrum: A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@nsashi » 17 Oct '12, 10am
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@Guatemalan21 » 17 Oct '12, 8am
RT @IEEESpectrum: A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@tim_harper » 16 Oct '12, 11pm
A123 Bites the Dust - IEEE Spectrum [link]
@CientificaLtd » 16 Oct '12, 9pm
A123 Bites the Dust [link]
@nsisongeffiong » 16 Oct '12, 9pm
A123 Bites the Dust [link]
@JimJachetta » 16 Oct '12, 9pm
RT @IEEESpectrum: A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@USNavyIPs » 16 Oct '12, 9pm
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@HowonKim2 » 16 Oct '12, 9pm
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@juank_astu » 16 Oct '12, 9pm
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]
@electrosoftinc » 16 Oct '12, 9pm
A123 Bites the Dust [link]
@wkenneth » 16 Oct '12, 9pm
A123 Bites the Dust: Innovative tech—and federal loan guarantees—couldn't keep this lithium-ion battery company afloat [link]