NAC Global Technologies, Inc. Announces Pricing of Public Offering of Units
Marketwired - Wed Oct 07, 5:30AM CDT
NAC Global Technologies, Inc. (OTCQB: NACG) ("NAC" or the "Company"
NAC Global Technologies Quarterly Earnings Report 73% Revenue Increase
Marketwired - Wed Aug 19, 7:38PM CDT
NAC Global Technologies (OTCQB: NACG) June 30, 2015 10-Q filing today reported a 73% revenue increase over the prior year and expected strong demand for its HGT drives. The company reports adoption and demand in multiple market segments including new original equipment manufacturer ("OEM"
Ex-Lehman CEO Lobbies for Little Guy; Banks Are Ugly Ducklings: Finance Winners & Losers
at The Street - Thu May 28, 5:26PM CDT
Former Lehman CEO makes rare public appearance, SEC hires Goldman Sachs lawyer, Citigroup says trading volumes are down, and banks need love too.
GS: 179.19 (-1.88), USB: 41.58 (-0.32), C: 51.38 (-0.27)
NAC Receives Production Contract for Precision Surveillance System Drives
Marketwired - Tue May 26, 9:16AM CDT
NAC Global Technologies (OTCQB: NACG) announced today it has received a production contract to supply its Harmonic Gearing Technology (HGT) to a market-leading manufacturer of advanced surveillance and security systems. Having completed a 4-month testing and validation process, NAC's SHF series drives are adopted for precise motion control of the system's pan and tilt drives. Initial production quantity is two hundred units with anticipated new annual revenues of $150,000. The platform sales are expected to continue for at least several years with the potential for further customer adoption on additional platforms. NAC drives provide a critical control function requiring ultra-smooth motion and ruggedness. The mid and long range surveillance systems utilize radar, thermal and video imaging in applications such as Boarder Security, Critical National Infrastructure Protection, Law Enforcement, Maritime, Oil and Gas, and Transportation Surveillance to name a few.
NAC Global Technologies to Present at the 2015 Marcum MicroCap Conference
Marketwired - Thu May 21, 7:30AM CDT
NAC Global Technologies (OTCQB: NACG), announced today that it will present at the 2015 Marcum MicroCap Conference on Thursday, May 28, 2015 in New York City at the Grand Hyatt Hotel.
NAC Global Technologies Establishing National Sales Network
Marketwired - Wed May 20, 9:30AM CDT
NAC Global Technologies (OTCQB: NACG) announced today it is establishing a national sales representation network for its HGT Drive product line. The company has signed its first sales representation agreement with Industri/Motion, Inc. (IMI) based out of Schaumburg, IL. IMI is a technically focused manufacturers' representative firm founded in 1981 and serves OEM, large user, and power transmission and motion control distributors. Four territory sales managers will cover the territories of Illinois, northwest Indiana, Iowa, eastern Wisconsin, and eastern Missouri. NAC is the process of finalizing and expects to announce contracts with sales agencies in additional US territories in the coming weeks.
NAC Global Technologies Awarded Contract for Next Generation Helicopter Landing Gear Drives
Marketwired - Mon May 11, 7:01AM CDT
NAC Global Technologies (OTCQB: NACG) today announced it has entered into an agreement to supply NAC drives into a rotary wing aerospace application. NAC's harmonic gearing drives will be incorporated into the crafts landing gear assemblies. Anticipated annualized revenues for the application exceed $500,000 with first unit deliveries scheduled for May, 2015 and production ramping in 2016. As a new generation craft, the project is expected to continue for a minimum of 5 years and can exceed 10 years according to the craft manufacturer.
NAC Global Technologies HGT Drives Receive Approval by Swiss Manufacturer
Marketwired - Wed May 06, 2:48PM CDT
NAC Global Technologies (OTCQB: NACG) announced today the successful test and approval of its Harmonic Gearing Drives by a Swiss machine tool manufacturer. The Swiss account specializes in the design and manufacture of precision machinery for the watch making, jewelry, and medical industries. Having completed the manufacturer's validation process, the companies plan to implement NAC drives into production machinery. Additionally, the companies are working to extend NAC drives into additional applications with testing commenced on a second NAC drive version and engineering discussions engaged on a third.
NAC Global Technologies Awarded Order for Exoskeleton System Drives
Marketwired - Wed Nov 05, 1:37PM CST
NAC Global Technologies (OTCQB: NACG) today announced it has been awarded an order to manufacture its first drives for exoskeleton system applications. Delivery is scheduled in December 2014 with trials anticipated in January 2015.
NAC Global Technologies Awarded Order for Intelligent Joint Actuator Drives in 4-Axis Robot
Marketwired - Thu Oct 16, 9:57AM CDT
NAC Global Technologies (OTCBB: NACG) today announced it has been selected and awarded an order with a Bangalore based manufacturer of factory automation systems. NAC's harmonic gearing drives will be incorporated in intelligent joint actuators of a new, 4-axis, SCARA style robot, a modular robot designed for pick and place applications with NAC drives providing precise, high speed, bi-directional motion control. The NAC drives' small size and light weight enabled the manufacturer to optimize the joint actuator designs. The new robot is self-contained and will be deployed in industrial applications providing automated small parts feeding and assembly.
NAC Awarded Application for Precision Security and Surveillance Systems Control
Marketwired - Fri Oct 10, 2:35PM CDT
NAC Global Technologies (OTCBB: NACG) today announced it has been awarded its first application with a market-leading manufacturer of advanced surveillance and security systems. NAC is producing specialized harmonic gearing for precise motion control of the system's pan and tilt drives, a critical function requiring ultra-smooth motion and ruggedness for long range surveillance via radar, thermal and video imaging. Applications include onboard maritime security, facilities and urban security, as well as long range viewing of natural environments for academic studies.
NAC Global Technologies Awarded Ten Year Supply Agreement
Marketwire - Thu Sep 18, 11:38AM CDT
NAC Global Technologies (OTCQB: NACG) today announced it has been awarded a ten year supply agreement for harmonic gearing with Legacy Press Company, a flexographic printing press manufacturer of Fort Mill, SC. The Company's HGT drives are applied on Legacy's line of narrow web label presses, providing 360 degree dynamic phase adjustment of the print, die and sheet register.
NAC Global Technologies Announces Successful Test of New Turbine Technology
Marketwire - Tue Sep 16, 7:59AM CDT
NAC Global Technologies (OTCBB: NACG) today announced the successful first stage testing of its HGT Turbine Drive, a harmonic gearing transmission technology for fluid and wind turbine energy production.