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Latest Acorn Energy Inc. Stories

2014-09-08 08:33:25

GIVAT SHMUEL, Israel, Sept. 8, 2014 /PRNewswire/ -- DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. (NASDAQ: ACFN), announced today that it has received another order for its Underwater Security System for the protection of a Nuclear Power Plant. The Underwater Security System ordered is based on a special version of the company's best-selling AquaShield(TM) Diver Detection Sonar. This special version is specifically tailored to provide superior performance against any type of...

2014-08-26 12:20:43

GIVAT SHMUEL, Israel, Aug. 26, 2014 /PRNewswire/ -- DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. (NASDAQ: ACFN), announced today that it has received an order for its Underwater Security System to protect a European Nuclear Power facility. The system is expected to be installed on site before the end of 2014. http://photos.prnewswire.com/prnvar/20120504/NY01339LOGO Dan Ben-Dov, DSIT's Vice President for Sales and Marketing commented, "After establishing itself as the...

2014-08-11 16:22:21

WILMINGTON, Del., Aug. 11, 2014 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN), today announced the results for the second quarter and six-month periods ended June 30, 2014. http://photos.prnewswire.com/prnvar/20120426/NY96114LOGO For the six-month 2014 period revenues were $9.2 million compared to $10.9 million in the 2013 six-month period. The net loss was $9.8 million vs. $12.1 million or $0.44 vs. $0.67 per share. Backlog at the end of the second quarter was $18.5...

2014-08-04 20:21:07

WILMINGTON, Del., Aug. 4, 2014 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN) today announced that John A. Moore, President & CEO of Acorn Energy, will host an investor call on Tuesday, August 12, 2014 at 11am EDT to discuss its first quarter 2014 results and developments. The Company will release financial results for the second quarter the afternoon of Monday, August 11th, after the market closes. Participants can pre-register for the conference call by accessing this link...

2014-07-29 16:29:36

CHATSWORTH, Calif., July 29, 2014 /PRNewswire/ -- US Seismic Systems(®), Inc. (USSI(®)), a subsidiary of Acorn Energy, Inc. (ACFN), is pleased to announce that Mark A. Bashforth has been named the new President and CEO of USSI. http://photos.prnewswire.com/prnvar/20120504/NY01342LOGO Mr. Bashforth previously served as the General Manager of CGG Company's GeoSoftware Group, a leading reservoir characterization software and services provider to the oil and gas industry. He lead a...

2014-06-11 16:20:44

GIVAT SHMUEL, Israel, June 11, 2014 /PRNewswire/ -- DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. (NASDAQ: ACFN), has announced the introduction of the AquaShield Extended Range (ER) Swimmer Delivery Vehicle Detection Sonar (SDS) to its product line at the Undersea Defense Technology conference, UDT 2014, taking place now in Liverpool, England. This product launch marks the tenth anniversary of DSIT's attendance at UDT. The AquaShield ER(TM) was developed based on the best...

2014-06-04 08:35:51

GIVAT SHMUEL, Israel, June 4, 2014 /PRNewswire/ -- DSIT Solutions Ltd., an Acorn Energy, Inc. (NASDAQ: ACFN) company, disclosed today the receipt of several follow-on orders for development and production from a number of its customers in Israel. The total value of these orders is approximately $3.4 million. The projects involve both hardware and embedded software. Benny Sela, CEO of DSIT commented about the orders, "We are always pleased to see our efforts rewarded with customer...

2014-06-03 12:25:50

CHATSWORTH, Calif., June 3, 2014 /PRNewswire/ -- US Seismic Systems(®), Inc. (USSI), a subsidiary of Acorn Energy, Inc. (NASDAQ: ACFN), is pleased to announce Mr. Gary V. Morris has been elected as the company's new Chairman. http://photos.prnewswire.com/prnvar/20120504/NY01342LOGO Mr. Morris previously served as Executive Vice President at Halliburton Company and also served as Halliburton's Chief Financial Officer. Halliburton Company is a leading provider of oilfield services...

2014-06-02 12:22:18

WILMINGTON, Del., June 2, 2014 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN), announced today that its DSIT Solutions Ltd. subsidiary has completed a design review, which is the first milestone of a contract received in late 2013 to supply and support an advanced underwater acoustic monitoring system. The total value of the contract is in excess of $14 million of which $11.2 million is a fixed amount with the balance being contingent on the customer's requirements. Dan...

2014-05-12 16:22:56

WILMINGTON, Del., May 12, 2014 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN), an energy technology holding company, today announced results for the first quarter ended March 31, 2014. Revenue was $4.5 million in the first quarter of 2014 compared to $5.7 million in the first quarter of 2013. The net loss in the first quarter of 2014 was $4.3 million, or $0.19 per share, compared to $5.0 million, or $0.28 per share in the first quarter of 2013. John Moore, CEO of Acorn Energy...


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