BNET Industries
Market Cap:$176.1M
Last Fiscal Year Sales:$20.7M
- Public
- US
Dow Jones Description
We were founded in 1989 and have commercialized the industry's first lithium phosphate technology. We develop, manufacture and sell high-energy power systems utilizing our proprietary phosphate-based lithium-ion technology for diverse applications, with special emphasis on portable appliances and future generations of hybrid and electric vehicles. Our mission is to promote the wide adoption of high-performance, safe, long cycle life, environmentally friendly, low-cost energy storage systems. To address the significant market opportunity we believe is available, we utilize the numerous benefits of our latest energy storage technology, deep intellectual property portfolio and extensive experience of our management team.
Number of Employees 366
Contact Information
12201 Technology Blvd Ste 150
Austin, Texas 78727-6128
(512) 527-2900
Peer Companies
NAICS Code Primary Battery Manufacturing: 335912
Recent Events
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VLNC: Management Comments on Q2 Results and Future Growth Opportunities
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UPDATE 1-Tennant Q3 results top Street; raises '09 EPS view
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Valence Technology, Inc. Announces Release Date and Conference Call Information for its Fiscal Year 2010...
News & Analysis
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valence technology - All News and Analysis
Valence Gets into Hybrid Boats, Grid Storage
Seeking Alpha
- 2009-06-03
Greentech Media submits: By Jeff St. John Valence Technology VLNC is expanding its battery...
Valence Technology Working with S&C Electric on Smart Grid Batteries
Seeking Alpha
- 2009-06-03
Tate Dwinnell submits: Valence Technology VLNC and S&C Electric Company announced that they have signed a Memorandum of Understanding, agreeing to work together to develop and evaluate products for stationary grid-connected electrical energy storage systems. Jim Sember, Vice President of S&C’s Power Quality Products Division, said,...
Valence Technology Seeks DOE Stimulus Grant for Texas Battery Factory
Seeking Alpha
- 2009-05-28
Greentech Media submits: By Jeff St. John Valence Technology LVNC on Thursday joined the ranks of battery makers seeking federal stimulus funding for a new factory in Texas. by Greentech Media
Valence Technology F3Q09 (Qtr End 12/31/08) Earnings Call Transcript
Seeking Alpha
- 2009-02-09
Question-and-Answer Session Operator Operator Instructions We’ll take our first question from Bob Ecinder - Garden State. Bob Ecinder - Garden State A question, Bob; I know that you’re working with Smith Electric Vehicle, and they have announced that they are going to be building a facility in the...
Valence Technology: Electric Buses and Trucks First, Cars Later
Seeking Alpha
- 2009-01-15
Greentech Media submits: By Michael Kanellos The way to get to the electric car market is by bus, says Bob Kanode. by Greentech Media
Will the U.S. Move From Arab Oil Dependence to Asian Battery Dependence?
Seeking Alpha
- 2008-12-29
Greentech Media submits: By Michael Kanellos This month, a host of chemical and battery manufacturers formed a coalition that will seek $1 billion from the federal government to build a domestic industry for electric car batteries. Ideally, the money will be used for a factory that will then sell...
U.S. Battery Consortium Seeks $1B: Is It a Waste?
Seeking Alpha
- 2008-12-18
Greentech Media submits: By Michael Kanellos Fourteen U.S. chemical and electrical companies have banded together to seek $1 billion in federal aid to jumpstart an effort to make advanced batteries for cars, according to, among others The Wall Street Journal. While some of the money will undoubtedly go to...
Valence Technology, Inc. F2Q09 (Qtr End 09/30/08) Earnings Call Transcript
Seeking Alpha
- 2008-11-10
Question-and-Answer SessionOperator Thank you. Operator Instructions And we will take our first question from Ron Sanchez with Spencer Edward. Pierre Dubois Hi Ron. Ron Sanchez - Spencer Edward Hi Pierre. I just wondered if you could just say something about your cash position, your burn rate, and...
Valence Technology, Inc. F2Q09 (Qtr End 09/30/08) Earnings Call Transcript
Seeking Alpha
- 2008-11-10
Question-and-Answer SessionOperator Thank you. Operator Instructions And we will take our first question from Ron Sanchez with Spencer Edward. Pierre Dubois Hi Ron. Ron Sanchez - Spencer Edward Hi Pierre. I just wondered if you could just say something about your cash position, your burn rate, and...
Valence Technology Announces Appointment of Ross A. Goolsby as Chief Financial Officer
- 2008-09-30
AUSTIN, Texas -- Valence Technology, Inc. (NASDAQ: VLNC), an international developer of safe lithium phosphate energy storage solutions, today announced the appointment, effective November 17, of Ross A. Goolsby as the company's new chief financial officer. "We are thrilled to welcome Ross Goolsby to Valence. Ross brings with him...
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