BNET Industries

Beacon Power Corp.

BCON is in the Energy Industry

Market Cap:$107.7M
Last Fiscal Year Sales:$68.1K
  • Public
Dow Jones Description

Thank you for your interest in Beacon Power, a company that's developing energy storage technology to support a more stable and reliable electricity grid. Since our earliest years as a flywheel systems developer, we've been focused on designing and building energy-related solutions based on clean, sustainable technology. Our Smart Energy Matrix , now approved for use in three of the open-bid electricity markets in the U.S., is being designed as a megawatt-scale flywheel-based energy storage plant that will provide highly responsive and cost-effective frequency regulation services.

President & CEOF. William Capp
Number of Employees 61
Contact Information

beaconpower.com

NAICS Code Electric Bulk Power Transmission and Control: 221121

Recent Events

  • Beacon Power Awarded $2M To Support Deployment Of Flywheel Plant In New York

    6/18/09 - Licensing / Contract - View Story

  • Beacon wins funds for 1 MW flywheel energy storage system

    6/10/09 - Joint Venture / Alliance - View Story

  • PicksThatMove: Beacon Power Corporation (Nasdaq: BCON) We have picks that move!

    6/11/09 - Licensing / Contract - View Story

  • Beacon Power Q1 loss widens - Quick Facts

    5/11/09 - Financial Announcement - View Story

  • AEP Plans Flywheel-based Frequency Regulation Services

    4/14/09 - Joint Venture / Alliance - View Story

  • Beacon Power And American Electric Power Sign Agreement For One Megawatt Flywheel Regulation Plant In...

    2/27/09 - Joint Venture / Alliance - View Story

  • Beacon Power Signs Contract With U.S. Navy Valued Tt Up To $3M

    2/04/09 - Joint Venture / Alliance - View Story

  • National Grid and Beacon Power Sign Agreement to Evaluate

    1/26/09 - Joint Venture / Alliance - View Story

News & Analysis

beacon power corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
F. William Capp President & CEO
James M. Spiezio Vice President of Finance, Cfo
Matthew Lazarewicz Chief Technical Officer
Chester R Lyons Director of Marketing and Sales
Chet Lyons Director of Marketing and Sales
James Arseneaux Director of Engineering Development
Judith Judson Director, Regulatory & Market Affairs
Gene Hunt Manager, Media & Investor Relations
Ned Weihman Consultant
William E. Stanton Director

Board of Directors

Name (plus bio) Position
Dan Kletter Chair
Jack P. Smith Chair
Kenneth M. Socha Chairman
Stephen P. Adik Chair
Virgil G Rose Chair
David B. Eisenhaure Board of Directors
Edward A. Weihman Board of Directors
John C. Fox Board Member
William F. Capp Board of Directors
Organization Position Status
Beacon Power Corporation President & CEO Current
Beacon, Inc President Current
Beacon Power Corporation Director Current
Bracknell Telecommunications Group President Former
Torrington Vice President of Technology Former
University of Michigan Master's Degree In Mechanical Engineering Former
Purdue University B.S. Degree In Aeronautical Engineering Former
Organization Position Status
Beacon Power Corporation Vice President of Finance, Cfo Current
Starmet Corporation Vice President, Finance & Admin Current
Beacon Power Corporation Board of Directors Current
Starmet Corporation President Former
Starmet Corporation Chief Financial Officer Former
Starmet Corporation Manager Planning and Analysis Former
Starmet Corporation Corporate Controller Former
Beacon Power Corporation Corporate Controller Former
Beacon Power Corporation Principal Finance Officer Former
Kelley School of Business Bloomington Former
Organization Position Status
Beacon Power Corporation Chief Technical Officer Current
Beacon Power Corporation Vice President of Engineering Former
MIT Sloan School of Management Master's Degree In Management Former
Commonwealth of Massachusetts Former
MIT Sloan School of Management B.S. Former
Organization Position Status
Beacon Power Corporation Director of Marketing and Sales Current
Organization Position Status
Beacon Power Corporation Director of Marketing and Sales Current
Organization Position Status
Beacon Power Corporation Director of Engineering Development Current
Organization Position Status
Beacon Power Corporation Director, Regulatory & Market Affairs Current
Organization Position Status
Beacon Power Corporation Manager, Media & Investor Relations Current
Beacon Power Corporation Director Former
Organization Position Status
Beacon Power Corporation Consultant Current
Dresdner Bank AG Senior Advisor Current
Beacon Power Corporation Board of Directors Current
Dresdner Kleinwort Managing Director Former
Chemical Banking Corporation Managing Director Former
Columbia University Masters Degree In Business Administration Former
Williams College Bachelor of Arts Degree Former

Dan Kletter has more than 28 years of operating management, acquisition and director experience. Currently an independent consultant, from 1999 until 2001 he was with ING-BARINGS/ABN-AMRO, where he was Managing Director in the Industrial Manufacturing and Technology Group. Prior to this Mr. Kletter had a 33-year career with Ingersoll-Rand Company, where from 1994-1999 he was Corporate Vice President - Mergers, Acquisitions and Divestitures. While at Ingersoll-Rand, Mr. Kletter also held positions including President of the global Construction and Mining Group; General Manager - Portable Compressor Division; General Manager - Road Machinery Division, and others. Mr. Kletter was Chairman of the Construction Industry Manufacturers Association and an executive board member of the American Road and Transportation Builders Association and the International Road Federation. He was also a board member of the Road Information Program, New Jersey Alliance for Action, and is currently a board member of Power Curbers, Inc. and Bil-Jax, Inc. He received an MBA from Northwestern University and a B.S. in Mechanical Engineering from the University of Notre Dame.

Organization Position Status
Beacon Power Corporation Chair Current
Beacon Power Corporation Director Current
Bil-Jax, Inc. Board of Directors Current
Power Curbers Inc. Board of Directors Current
Ingersoll-Rand Company Limited General Manager Former
ABN AMRO Incorporated Managing Director Former
New Jersey Alliance for Action Board Member Former
The Road Information Program Board Member Former
Northwestern University Mba Former
University of Notre Dame B.S. In Mechanical Engineering Former
Organization Position Status
Silversmith, Incorporated Founder Current
Silversmith, Incorporated Co-Owner Current
Silversmith, Incorporated Chairman Current
Beacon Power Corporation Chair Current
Weasler Engineering Inc. Board of Directors Current
Beacon Power Corporation Board of Directors Current
Michigan Company, Inc. Board of Directors Current
Silversmith, Incorporated Director Current
SRAM Corporation Board of Directors Current
Bissell Inc. Board of Directors Current
More Space Place, Inc. CEO Former
Michigan Company, Inc. Chief Executive Officer Former
Michigan Company, Inc. President Former
More Space Place, Inc. President Former
Michigan Company, Inc. Design Group Leader Former
University of Michigan Masters Degree In Mechanical Engineering Former
University of Michigan Bachelor of Science Former
Organization Position Status
Perseus LLC Senior Managing Director Current
Clean Energy Fuels Corp. Senior Managing Director Current
Beacon Power Corporation Chairman Current
Clean Energy Fuels Corp. Director Current
Iridian Technologies, Inc. Director Current
Biometric Access Corporation Director Current
Chroma Energy, Inc. Director Current
Westport Innovations, Inc. Director Current
Beacon Power Corporation Director Current
Dewey & LeBoeuf LLP Partner Former
Duke University J.D. Former
Duke Law School J.D Former
University of Notre Dame B.A. Former

Steve Adik served as Vice Chairman at NiSource Inc., (NYSE: NI), a Fortune 500 electric, natural gas and pipeline company, from December 2000 until his retirement in December 2003. He joined NiSource in 1987 as Vice President and General Manager, Corporate Support Group, and later held positions of Senior Executive Vice President and Chief Financial Officer. At NiSource, he helped grow the company's market capitalization from $600 million to the approximately $5.6 billion. Before joining the energy industry in 1983, Mr. Adik also had more than 20 years of operating and financial experience in the transportation industry. His industry affiliations have included the American Gas Association, Edison Electric Institute and the Midwest Gas Association. He is currently a member of the boards of NiSource, Inc., and the Chicago SouthShore and South Bend Railroad. He was also recently nominated to the board of North Western Corp, an electric and natural gas company serving Montana, South Dakota and Nebraska. Mr. Adik holds a degree in Mechanical Engineering from the Stevens Institute of Technology, and an MBA degree in Finance from Northwestern University.

Organization Position Status
Beacon Power Corporation Chair Current
Beacon Power Corporation Board of Directors Current
Chicago South Shore Board of Directors Current
Iei Financial Services, LLC Vice Chairman, Nisource Inc. Current
NiSource Inc. Vice President Former
NiSource Inc. General Manager Former
Edison Electric Institute Former
NiSource Inc. Board of Directors Former
Bank One Corp Board of Directors Former
NiSource Inc. Vice Chairman Former
Northwestern University MBA Degree In Finance Former
Stevens Institute of Technology Bachelor's Degree In Mechanical Engineering Former
Organization Position Status
California Energy Commission Consultant Current
U.S. Department of Energy Consultant Current
Electric Power Group, LLC. Current
Beacon Power Corporation Chair Current
Nexant Inc. Senior Vice President Former
Nexant Inc. Director of Energy Delivery and Management Former
United States Department of Energy Consultant Former
Beacon Power Corporation Board of Directors Former
Santa Clara University Master's In Electrical Engineering Former
Fresno State University Bachelor of Science In Electrical Engineering Former
Organization Position Status
SatCon Technology Corporation Chairman of the Board of Directors and Chief Executive Officer Current
Inverpower President and Chief Executive Officer Current
Inverpower Board of Directors Current
Implant Science Corporation Board of Directors Current
Beacon Power Corporation Board of Directors Current
Runonideas.Com Director Current
Mechanical Technology Inc. Board of Directors Current
SatCon Technology Corporation President Former
Inverpower Founder Former
SatCon Technology Corporation Founder Former
The Charles Stark Draper Laboratory, Inc. Former
SatCon Technology Corporation Board of Directors Former
Massachusetts Institute of Technology Engineer's Degree in Mechanical Engineering Former
Organization Position Status
Beacon Power Corporation Board of Directors Current
Dresdner Kleinwort Managing Director Former
Columbia University Masters Degree In Business Administration Former
Williams College Bachelor of Arts Degree Former
Organization Position Status
Perseus LLC Senior Managing Director Current
Institute for Social Research Professor Current
McMaster University Professor Current
Westport Innovations, Inc. Board Member Current
Serveron Corporation Board Member Current
Softswitching Technologies Board Member Current
Beacon Power Corporation Board Member Current
Ontario Power Generation, Inc. Chief Operating Officer Former
Canyon Group Executive Vice President Former
University of Michigan Ph.D. Former
McMaster University M.B.A. Former
University of Toronto B.S. in Civil Engineering Former
Organization Position Status
Beacon Power Corporation Director Current
Beacon, Inc Director Current
Beacon, Inc Chief Executive Officer Former
Beacon Power Corporation Chief Executive Officer Former
Beacon Power Corporation President Former
Beacon, Inc President Former
SatCon Technology Corporation Chief Operating Officer Former
University of Maine Bachelor's Degree In Electrical Engineering Former
Organization Position Status
Beacon Power Corporation Board of Directors Current
Beacon Power Corporation President & CEO Former

Executive News

  • Jefferies Is Named a Primary Dealer

    New York Times - 6/17/09 - View Story

  • Jefferies Designated Primary Dealer by the Federal Reserve Bank of New York

    Business Wire - 6/17/09 - View Story

  • Fitch Affirms Jefferies IDRs at 'BBB/F2'; Outlook Remains Negative

    RBC Dain Raushcer - 6/17/09 - View Story

  • Carrols Restaurant investors to sell shares

    Boston Globe - 6/16/09 - View Story

  • Carrols Restaurant Group, Inc. Announces the Agreement of Funds Managed by Jefferies Capital Partners to Purchase from Madison Dearborn and BIB Holdings All of Their Common Stock of Carrols Restaurant Group, Inc.

    Business Wire - 6/16/09 - View Story

  • Jefferies Continues Expansion of High Yield, Leveraged Loan and Distressed Sales, Trading and Research Platform

    Yahoo! Canada - 5/27/09 - View Story

  • Energy Storage Tariff for Frequency Regulation Approved for New York Power Grid

    Business Wire - 5/20/09 - View Story

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BCON $0.915 -0.015 (-1.61% )
Volume 657,531
Shares Outstanding 117.7M
Market Cap 107.7M
Year High 2.18
Year Low 0.3227
Earnings Per Share -0.25
P/E Ratio N/A
Dividend 0.00
Yield 0.00
Glass Door

Energy Industry Companies

Company Employer Rating
Chevron 3.8
IndustryTop Rated

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