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Balance Sheet Cash Flow Statement 12303 Technology Blvd., Ste. 950 Austin, TX 78727 TX Tel. 512-527-2900 Toll Free 888-825-3623 Fax 512-527-2910 |
Type: Public
On the web:
http://www.valence.com
Employees:
366
Employee growth: (25.3%)
If you charged Valence Technology with battery, you'd be right. The company's rechargeable lithium polymer batteries are designed for use in industrial, military, and motive and stationary electrical power applications. Valence touts its Saphion (patented technology) lithium iron magnesium phosphate (LiFeMgPO4) energy storage systems as having a longer life and being safer and more stable under extreme conditions than lithium-ion batteries that use oxide-based cathode materials. Valence derives over 60% of its sales from Segway (46%) and The Tanfield Group (16%). Customers in the US account for about 60% of sales.
Key numbers for fiscal year ending March, 2009:
Sales: $26.2M
One year growth: 25.9%
Net income: ($21.2)M
Officers:
Chairman: Carl E. Berg
President, CEO, and Director: Robert L. (Bob) Kanode
CFO: Ross A. Goolsby
Competitors:
Panasonic Corp
SANYO
Sony
