A123 Systems, Inc. (AONE) - Clean Technology - Deals and Alliances Profile
Summary
A123 Systems, Inc. (A123) is a US based clean technology company, engaged in the engineering and development of energy storage devices such as fuel cells and batteries. The company develops, manufactures and sells advanced, rechargeable lithium-ion batteries and battery systems. It also develops cell, electrodes and other solutions for better energy efficiency. It supplies high-power lithium-ion batteries, using its patented Nanophosphate technology, built on new nanoscale materials initially developed at the Massachusetts Institute of Technology. Nanophosphate is a positive electrode material of remarkable rate capability, critical to high power systems. The company's products are used in transportation, electric grid services and portable power sectors, The company is headquartered at Watertown, Massachusetts, the US. The company offers broad range of products from single cells to high power systems which are applied in variety of industries. It principally offers solutions to government, aviation, cordless, hybrid and heavy duty fleets organizations. In addition, the company also develops customized power solutions as per client's requirements. The company is headquartered in Watertown, the US.
Recently, the company received a contract from AES Gener S.A. for the supply of 20MW advanced energy storage solutions for a spinning reserve project in northern Chile.
A123 Systems, Inc. (AONE) - Clean Technology - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's mergers and acquisitions (M&As), partnerships and financings. The report provides detailed information on mergers and acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.
GlobalData derived the data presented in this report from proprietary in-house Clean Technology eTrack deals database, and primary and secondary research.
Scope
- Financial Deals - Analysis of the company's financial deals including mergers and acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as mergers and acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.
Reasons to Buy
Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.
Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.
Note*: Some sections may be missing if data is unavailable for the company.
Clean Vehicle Industry in the United States
Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 5
A123 Systems, Inc., Clean Technology, Deals By Year, 2006 to YTD 2012 6
A123 Systems, Inc., Clean Technology Deals By Type, 2006 to YTD 2012 7
A123 Systems, Inc., Clean Technology, Deals By Region, 2006 to YTD 2012 8
A123 Systems, Inc., Clean Technology, Deals By Sector, 2006 to YTD 2012 9
A123 Systems, Inc., Clean Technology, Deals Summary, 2006 to YTD 2012 10
A123 Systems, Inc., Clean Technology, Deal Details 13
Venture Financing 13
Fisker Automotive Secures Additional $100 Million In Series C Round Of Venture Financing 13
Fisker Secures $115.3 Million In Venture Financing 15
A123 Systems Secures $69 Million In Venture Financing Round 16
A123 Systems Secures $102 Million In Series E Financing 18
A123 Systems Secures $30 Million In Venture Financing 19
A123Systems Secures $40 Million Venture Finance 22
A123 Systems Secures $30 Million In Venture Financing 25
Partnerships 28
A123 Systems Forms Joint Venture With SAIC Motor 28
A123Systems Enters Into Joint Marketing Agreement With IHI 29
Cobasys Partners With A123 Systems 30
GE Partners With Federal Transit, Ballard Power Systems And A123 Systems 31
Nexergy Partners With A123 Systems 33
Equity Offering 34
A123 Systems Completes Public Offering Of Common Stock For $108 Million 34
A123 Systems Completes IPO For $437.5 Million 36
A123 Systems Completes Private Placement Of $102.1 Million 38
A123 Systems Completes Private Placement Of $16.5 Million 39
Debt Offering 40
A123 Systems Completes Public Offering Of 3.75% Convertible Subortinated Notes Due 2016 For $125 Million 40
Acquisition 42
GE Energy Invests $20 Million In A123 Systems 42
A123 Systems Acquires Enerland 43
A123 Systems Acquires Hymotion 44
A123 Systems Acquires T/J Technologies 45
A123 Systems, Inc. - Key Competitors 46
Key Employees 46
Locations And Subsidiaries 48
Head Office 48
Other Locations & Subsidiaries 48
Recent Developments 50
New Projects 50
Nov 05, 2009: Michigan House Of Representatives Passes Legislation To Grant $30 Million For Alternative Energy 50
New Contracts 50
Jan 05, 2012: A123 Systems To Supply Lithium Ion Battery Packs To VIA Motors For eREV 50
Dec 22, 2011: A123 Systems To Supply 11 MW Grid Battery System To Sempra Generation For Auwahi Wind Project In Hawaii 51
Dec 20, 2011: A123 Systems To Supply Energy Storage Solution To MECO To Support Maui Smart Grid Project 51
Aug 25, 2011: ALTe Announces Supply Agreement With A123 Systems For Advanced Lithium Ion Battery Packs 51
Jul 26, 2011: A123 Systems To Supply 500kW Advanced Energy Storage Solution To Dongfang 52
May 09, 2011: Exotic Automation & Supply Expands Into Lithium Ion Battery Industry 53
May 09, 2011: A123 Systems To Supply Battery Modules To Smith Electric Vehicles For All-Electric Commercial Vehicles 53
Mar 23, 2011: USABC Awards $8m Advanced Battery Technology Contract To A123 Systems 53
Feb 07, 2011: A123 Systems To Supply 20MW Of Energy Storage Solutions To AES Gener For Spinning Reserve Project In Chile 54
Nov 09, 2010: A123 Systems To Develop Battery Pack For New Electric Vehicle From SAIC 55
Jun 07, 2010: A123 Systems Signs Battery System Supply Agreement With Navistar 55
May 11, 2010: A123 Systems To Supply Battery Systems For Eaton 55
Mar 09, 2010: A123 Systems Signs Battery System Development Agreement With Navistar 56
Jan 14, 2010: A123 Systems Signs Multi-Year Battery System Supply Agreement With Fisker Automotive 56
Jan 14, 2010: A123 Systems Signs Multi-Year Battery System Supply Agreement With Fisker Automotive 57
Apr 02, 2009: Delphi Signs Agreement With SAIC Motor To Supply Hybrid Technology For Mild Hybrid Electric Vehicle 57
Mar 05, 2009: A123 Systems Signs Production Contract For Think Electric Vehicles 58
Operations Updates 59
Dec 19, 2011: A123 Systems And NSTAR To Launch Advanced Energy Storage Pilot Project 59
Oct 27, 2011: AES Wind Generation And AES Energy Storage Announce Commercial Operation Of AES Laurel Mountain Project 60
Nov 18, 2009: AES Installs Energy Storage System In Chile 60
Apr 14, 2009: A123 Systems Receives $100 Million In Refundable Tax Credits From MEDC 61
Nov 19, 2008: A123 Delivers And Installs H-APU At AES 62
Apr 28, 2008: A123 Systems Starts Taking Consumer Orders For Hymotion L5 Plug-In Conversion Modules 62
Financial Announcements 63
Mar 09, 2010: A123 Systems Reports Total Revenues Of $91 Million In 2009 63
Strategy And Business Planning 64
Nov 07, 2011: A123 Systems Expands Partnership With IHI For Lithium Ion Battery Technology 64
Sep 20, 2011: CD-adapco To Lead Industrial Battery Simulation Team 65
Sep 13, 2010: A123 Systems Opens Lithium Ion Automotive Battery Manufacturing Plant In Livonia, Michigan 65
Apr 20, 2010: ORNL And American Industry To Collaborate On Advanced Battery Research 66
Nov 13, 2009: A123 Systems Creates New Business Groups, Automotive Solutions Group And Cell Products Group 66
Oct 28, 2009: A123 Systems And IHI Sign Collaborative Agreement To Develop Advanced Battery Technology Business In Japan 67
Apr 06, 2009: Chrysler Forms Strategic Alliance With A123Systems For ENVI Electric Vehicle Lineup 68
Jan 07, 2009: A123Systems Applies For DOE's Loan To Build Lithium Ion Battery Mass Production Facilities In US 69
Government and Public Interest 70
Jan 06, 2012: ELC To Focus On EV Demonstration Projects 70
Jul 08, 2011: US Senator Unveils New Initiative To Boost Michigan's Advanced Battery Industry At A123 Systems In Livonia 71
Nov 05, 2009: Michigan House Of Representatives Passes Legislation To Grant $30 Million For Alternative Energy 71
Sep 15, 2009: MPSC Approves $4 Million In Michigan Efficiency Grants To A123Systems And Ford Motor 72
Aug 05, 2009: DOE Announces $2.4 Billion To Accelerate Manufacturing And Deployment Of New Batteries And Electric Vehicles 72
Other Significant Developments 74
Oct 31, 2011: Hydro QuebecA123 Systems, Hydro-Quebec, And UT Settle Lithium Metal Phosphate Battery Chemistry Patent Dispute 74
Oct 25, 2011: Axeon And A123 Systems Sign Collaboration And Supply Agreement 74
Oct 12, 2011: Chevrolet To Produce All-electric Chevy Spark 75
Aug 11, 2011: General Motors Awards Production Contract To A123 Systems For Future Batteries 75
Oct 20, 2010: SCE Finalizes Stimulus Grant To Start Large-Scale Energy Storage Demonstration 75
Aug 30, 2010: Spheric Technologies Develops Production Process For Key Cathode Material Utilized In Lithium Ion Batteries 76
Aug 10, 2010: AES Energy Orders A123 Systems' SGSS For New Projects 76
Apr 29, 2009: A123Systems Selects Foreign Affairs As HYMOTION Dealer To Provide New L5 PHEV Conversion Systems For Toyota Prius 77
Mar 05, 2008: A123 Systems Receives Patent Issuance For Nanophosphate Lithium Ion Battery Technology 77
Appendix 79
Methodology 79
About GlobalData 79
Contact Us 79
Disclaimer 79
List of Tables
A123 Systems, Inc., Clean Technology, Key Facts, 2010 1
A123 Systems, Inc., Clean Technology, Deals By Year, 2006 to YTD 2012 1
A123 Systems, Inc., Clean Technology, Deals By Region, 2006 to YTD 2012 1
A123 Systems, Inc., Clean Technology, Deals By Sector, 2006 to YTD 2012 1
A123 Systems, Inc., Clean Technology, Deals Summary, 2006 to YTD 2012 1
A123 Systems, Inc., Clean Technology, Deals By Year, 2006 to YTD 2012 6
A123 Systems, Inc., Clean Technology Deals By Type, 2006 to YTD 2012 7
A123 Systems, Inc., Clean Technology, Deals By Region, 2006 to YTD 2012 8
A123 Systems, Inc., Deals By Sector, 2006 to YTD 2012 9
A123 Systems, Inc., Clean Technology, Deals Summary, 2006 to YTD 2012 10
Fisker Automotive Secures Additional $100 Million In Series C Round Of Venture Financing 13
Fisker Secures $115.3 Million In Venture Financing 15
A123 Systems Secures $69 Million In Venture Financing Round 16
A123 Systems Secures $102 Million In Series E Financing 18
A123 Systems Secures $30 Million In Venture Financing 19
A123Systems Secures $40 Million Venture Finance 22
A123 Systems Secures $30 Million In Venture Financing 25
A123 Systems Forms Joint Venture With SAIC Motor 28
A123Systems Enters Into Joint Marketing Agreement With IHI 29
Cobasys Partners With A123 Systems 30
GE Partners With Federal Transit, Ballard Power Systems And A123 Systems 31
Nexergy Partners With A123 Systems 33
A123 Systems Completes Public Offering Of Common Stock For $108 Million 34
A123 Systems Completes IPO For $437.5 Million 36
A123 Systems Completes Private Placement Of $102.1 Million 38
A123 Systems Completes Private Placement Of $16.5 Million 39
A123 Systems Completes Public Offering Of 3.75% Convertible Subortinated Notes Due 2016 For $125 Million 40
GE Energy Invests $20 Million In A123 Systems 42
A123 Systems Acquires Enerland 43
A123 Systems Acquires Hymotion 44
A123 Systems Acquires T/J Technologies 45
A123 Systems, Inc., Key Competitors 46
A123 Systems, Inc., Key Employees 46
A123 Systems, Inc., Other Locations 48
A123 Systems, Inc., Subsidiaries 48
List of Figures
A123 Systems, Inc., Clean Technology, Deals by Type, 2006 to YTD 2012 1
A123 Systems, Inc., Clean Technology, Deals By Year, 2006 to YTD 2012 6
A123 Systems, Inc., Clean Technology, Deals by Type, 2006 to YTD 2012 7
A123 Systems, Inc., Clean Technology, Deals By Region, 2006 to YTD 2012 8
A123 Systems, Inc., Clean Technology, Deals by Sector, 2006 to YTD 2012 9