BNET Industries

Market Cap:$22.9M
Last Fiscal Year Sales:$9.1M
  • Public
  • US
Dow Jones Description

In July 2000, we changed our name to Enova Systems, Inc (Enova or the Company). Our company, previously known as U.S. Electricar, Inc., a California corporation, was incorporated on July 30, 1976. Enova believes it is a leader in the development and production of proprietary, commercial digital power management systems for transportation vehicles and stationary power generation systems. Power management systems control and monitor electric power in an automotive or commercial application such as an automobile or a stand-alone power generator. Drive systems are comprised of an electric motor, an electronics control unit and a gear unit which power an electric vehicle. Hybrid systems, which are similar to pure electric drive systems, contain an internal combustion engine in addition to the electric motor, eliminating external recharging of the battery system. A hydrogen fuel cell based system is similar to a hybrid system, except that instead of an internal combustion engine, a fuel cell is utilized as the power source. A fuel cell is a system which combines hydrogen and oxygen in a chemical process to produce electricity. Stationary power systems utilize similar components to those which are in a mobile drive system in addition to other elements. . A fundamental element of Enovas strategy is to develop and produce advanced proprietary software, firmware and hardware for applications in these alternative power markets. ...

President and CEO
Michael Staran
Number of Employees 70
Contact Information

19850 South Magellan Dr

Suite 305

Torrance, California 90502

enovasystems.co...

3105272800

NAICS Code Other Electronic Component Manufacturing: 334419

Recent Events

  • Enova Announces Expected Earnings for the Third Quarter of 2009

    10/30/09 - Financial Announcement - View Story

  • Enova Says It Delivered 229 Systems in 3Q

    10/31/09 - Mgmt. Change Entering - COO - View Story

  • Leland Brake and Wheel Adds to Distributor Network

    10/13/09 - Licensing / Contract - View Story

  • Daimler to Keep Portland Plant Open

    10/05/09 - Licensing / Contract - View Story

  • ArvinMeritor, Midwest Wheel Companies Take Home HDX Awards

    9/21/09 - Licensing / Contract - View Story

  • Freightliner Custom Chassis Partners with Enova Systems

    9/14/09 - Joint Venture / Alliance - View Story

  • FCCC, Enova to Develop All-Electric Commercial Chassis

    9/14/09 - Licensing / Contract - View Story

  • Enova Systems Selects Allen & Caron for Investor Relations, Corporate Communications

    8/31/09 - Licensing / Contract - View Story

News & Analysis

enova systems inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael Staran President and CEO
Bill Frederiksen Chief Engineer
Don C Kang Chief Engineer
Edward M Moore Chief Operating Officer
Jarett Fenton CFO and Investor Relations
John Mullins Vice President of Technology
James Badalamenti Director of Worldwide Sales and Marketing
Corinne Bertrand
John Dexter
Bjorn Ahlstrom Director
Donald H Dreyer Director
Edwin O Riddell Director
Richard Davies Director
Roy S Roberts Director

Board of Directors

Name (plus bio) Position
John J. Micek III Chair
John Wallace Chairman of the Board
Anthony N Rawlinson Board of Directors
Malcolm R Currie Board of Directors

Organization Position Status
Enova Systems, Inc. President and CEO Current
Enova Systems, Inc. Board of Directors Current
Enova Systems, Inc. Consultant Former

William Frederiksen. Mr. Frederiksen joined Enova Systems on April 2, 2007 as Chief Engineer and progressed to become Vice President ( VP ) and Chief Operating Officer ( COO ) on June 18, 2008. On December 1, 2008, Mr. Frederiksen resigned from his position as the Company s VP and COO.

Organization Position Status
Enova Systems, Inc. Chief Engineer Current
Wayne State University Bachelor's Degree In Engineering Former

Organization Position Status
Enova Systems, Inc. Chief Engineer Current
Systronix, Inc. Co-Founder Former
University of California, Los Angeles M.S. In Electrical Engineering Former

Organization Position Status
Enova Systems, Inc. Chief Operating Officer Current

Organization Position Status
Enova Systems, Inc. CFO and Investor Relations Current
University of California, Santa Barbara B.A. In Business Economics Former

John brings over 19 years operations related management experience, 11 based outside the United States. Past roles include COO/VP Operations for American Racing; SBU global General Manager of Ingersoll-Rand's industrial tool and pump business, based in Shanghai China; General Manager of TRW Automotive's North American aftermarket business; Operations general manager- Europe for Lucas Aftermarket, based in Solihull England, and a variety of positions with Kelsey-Hayes company in engineering and program management, based in Tokyo Japan, and Detroit MI. John holds a master of international business degree from the University of South Carolina and an electrical engineering degree from Oklahoma State.

Organization Position Status
Enova Systems, Inc. Vice President of Technology Current
Enova Systems, Inc. Executive Director of Operations Current
Oklahoma State Master Former
University of South Carolina Master Former
University of South Carolina Degree Former
Oklahoma State Degree Former

Organization Position Status
Enova Systems, Inc. Director of Worldwide Sales and Marketing Current
Durakon Industries Inc. Former
Norwegian School of Economics and Business Administration Master's Degree In International Business Former
Michigan State University Bachelor's Degree In Business Former

Organization Position Status
Enova Systems, Inc. Current

Organization Position Status
Enova Systems, Inc. Current

Organization Position Status
Silicon Prairie Partners Venture Capital Managing Director Current
Silicon Prairie Partners Venture Capital Founder Current
Enova Systems, Inc. Chair Current
Utek-Ekms, Inc. Director Current
Alternxt Inc. Board of Directors Current
Wherify Wireless, Inc. Board of Directors Current
Armanino Foods of Distinction, Inc. Board of Directors Current
Enova Systems, Inc. General Counsel Former
UTEK Corporation Board of Directors Current
UTEK Corporation Chairman Former
Enova Systems, Inc. Board of Directors Former
Exchangeblvd.Com Inc Board of Directors Former
University of San Francisco School of Law Juris Doctorate Former
University of Santa Clara Bachelor of Arts Degree In History Former
Santa Clara University Former
UTEK Corporation member Former

Organization Position Status
Enova Systems, Inc. Chairman of the Board Current
Enova Systems, Inc. Director Current

Organization Position Status
Enova Systems, Inc. Board of Directors Current

Organization Position Status
Enova Systems, Inc. Director Current
Palm Springs Police Department Board of Directors Current
Volvo Group North America Inc. Chairman Former

Organization Position Status
Enova Systems, Inc. Director Current

Organization Position Status
Enova Systems, Inc. Director Current
Enova Systems, Inc. Chief Executive Officer, President and Director Former
Electric Power Research Institute, Inc Product Line Manager Former

Organization Position Status
Regal One Corp Chief Executive Officer Current
Hughes Aircraft Company CEO Current
Currie Technologies Inc Founder Current
Regal One Corp Chairman Current
Real Spirit USA Chairman Current
LSI Corporation Board of Directors Current
Regal One Corp Board of Directors Current
Enova Systems, Inc. Board of Directors Current
Innovative Micro Technology Board of Directors Current
Delco Electronics Corporation Chief Executive Officer Former
Currie Technologies Inc Chief Executive Officer Former
American Institute of Aeronautics and Astronautics, Inc President Former
Hughes Aircraft Company Business Leader Former
Southern California University Former
Currie Technologies Inc Chairman Former
Hughes Aircraft Company Chairman Former
University of California, Berkeley PhD In Engineering Physics Former
University of California, Berkeley BA In Physics Former

Organization Position Status
Enova Systems, Inc. Director Current
Tiger Management LLC Analyst Former
Columbia Business School MBA (Honors) Former
Monash University Bachelor of Economics Former

Organization Position Status
The Dancing Hammer Forge National President of the Boy Scouts of America Current
Reliant Equity Investors, LLC Managing Director Current
Reliant Equity Investors, LLC Co-Founder Current
Rocore Board of Directors Current
Air Road Express Board of Directors Current
Boyscouts.Com Board of Directors Current
Aspen Institute Board of Directors Current
Burlington Northern Santa Fe Corporation Director Current
Enova Systems, Inc. Director Current
Boyscouts.Com President Former
Navistar International Corporation Vice President of Truck Operations Former
Florida A&M University Doctorate Degrees Former
Western Michigan University Bachelor's Degree Former
Western Michigan University Degree In Business Administration Former

Executive News

  • Enova Systems to Present at the Rodman & Renshaw Annual Global Investment Conference on September 11

    Business Wire - 9/04/09 - View Story

  • Enova Systems Selects Allen & Caron for Investor Relations, Corporate Communications

    TradingMarkets - 8/31/09 - View Story

  • Enova Systems Selects Allen & Caron for Investor Relations, Corporate Communications

    PR Newswire - 8/31/09 - View Story

  • Forum Showcases Future Of Car Industry [Grunion Gazette, Long Beach, Calif.]

    BusinessWeek - 8/14/09 - View Story

  • Enova Delivers Hybrid Drive Systems to First Auto Works

    Business Wire - 8/10/09 - View Story

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     ENA $1.12 +0.03 (2.75% )
Average Volume 32,204
Shares Outstanding 21.01M
Market Cap 23.5M
Year High 1.61
Year Low 0.12
Earnings Per Share -0.42
P/E Ratio -2.67
Dividend N/A
Yield N/A
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