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Last updated on April 24, 2014 at 17:35 EDT

Latest Acorn Energy Inc. Stories

2012-05-14 06:21:27

MONTCHANIN, Del., May 14, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN) today announced that John A. Moore, Chairman of the Board and CEO of Acorn Energy will present at the Barrington Research Industrial & Business Services Conference on Tuesday, May 15 in Chicago, IL. (Logo: http://photos.prnewswire.com/prnh/20120426/NY96114LOGO ) The Barrington conference features a full day of intimate one on one and small group meetings between company management teams and investors....

2012-05-10 10:22:23

MONTCHANIN, Del., May 10, 2012 /PRNewswire/ -- Acorn Energy, Inc. (Nasdaq: ACFN), an energy technology holding company, today announced the results for the first quarter ended March 31, 2012. For the quarter, revenues increased 37% from $3.1 million to $4.2 million compared to the first quarter of 2011. All portfolio companies recorded increased revenues with the major contributions coming from GridSense, up 43% or $277,000 and DSIT, up 26% or $630,000. Each subsidiary is currently engaged...

2012-05-08 06:26:11

MONTCHANIN, Del., May 8, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN) today announced that Jim Andersen, Founder and President of its portfolio company, US Seismic Systems, Inc. (USSI), will testify on May 10, 2012 at the United States House of Representatives' Science, Space, and Technology Subcommittee on Energy & Environment hearing titled "Supporting American Jobs and the Economy Through Expanded Energy Production: Challenges and Opportunities of...

2012-05-07 06:21:52

CHATSWORTH, Calif., May 7, 2012 /PRNewswire-FirstCall/ -- US Seismic Systems, Inc. (USSI), a subsidiary of Acorn Energy, Inc. (NADSAQ:ACFN), and Northrop Grumman Corporation (NYSE:NOC) have signed a licensing agreement involving several of Northrop Grumman's fiber-optic technology patents. Terms of the agreement are confidential. Northrop Grumman has an extensive portfolio of fiber-optic patents resulting from pioneering research in fiber optics spanning three decades. Northrop Grumman's...

2012-05-04 10:22:54

BUFORD, Ga., May 4, 2012 /PRNewswire/ -- OmniMetrix, LLC, an Acorn Energy company, will mark its 5th appearance at the International CTIA Wireless in New Orleans, LA., May 8-10, 2012. "We will be introducing our new 4G enabled product lines for generator monitoring control. By developing 4G enabled devices now, our customers will be safely transitioned to the latest technology long before legacy systems are phased out," said Deena Redding, President of OmniMetrix. "The industry unique...

2012-05-04 02:22:57

MONTCHANIN, Del., May 4, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN) today announced that John A. Moore, Chairman of the Board and CEO of Acorn Energy, will host an investor call on Friday, May 11, 2012 at 11am EDT to discuss its first quarter 2012 results and developments. The Company will release financial results for the first quarter the afternoon of Thursday, May 10, after the market closes. (Logo: http://photos.prnewswire.com/prnh/20120426/NY96114LOGO ) To participate in...

2012-04-26 14:20:17

MONTCHANIN, Del., April 26, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NADSAQ: ACFN) today announced that the company will hold an Investor Day on May 9, 2012 to showcase the domain changing technology and growing market opportunity for US Seismic Systems, Inc. (Logo: http://photos.prnewswire.com/prnh/20120426/NY96114LOGO ) USSI's target is the oil and gas seismic market, with an addressable size of approximately $1.5 billion. The company believes that its new Ultra High Sensitivity fiber...

2012-04-23 02:22:31

MONTCHANIN, Del., April 23, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN) an energy technology holding company, today announced that its Board of Directors has approved a dividend of $0.035 per share to be paid on June 1, 2012 to common stockholders of record on May 15, 2012. The dividend is a continuation of Acorn Energy's policy to pay a regular quarterly per share dividend of $.035 per quarter. John Moore, Chairman & CEO said, "Acorn is a unique company and is honored to...

2012-04-16 02:23:23

MONTCHANIN, Del., April 16, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN) an energy technology holding company, today announced that it has now fully funded an additional investment of $5 million in US Seismic Systems, Inc. (USSI) to accelerate the growth of USSI's business. "A major portion of this new investment is being used to enhance our infrastructure to support the increasing quantities of systems being quoted to our oilfield customers," stated Jim Andersen, CEO of USSI. "We...

2012-03-15 21:34:00

MONTCHANIN, Del., March 15, 2012 /PRNewswire/ -- Acorn Energy, Inc. (Nasdaq: ACFN), an energy technology holding company, today announced its results for the fourth quarter and fiscal year periods ended December 31, 2011. For the fiscal year 2011 period, revenues increased $4.7 million or 33% to $18.9 million, compared to $14.2 million in the corresponding 2010 period. Net income for 2011 was $35.4 million, or $2.03 per share ($1.99 on a fully diluted basis), compared to a net loss of...