Mon, Feb

OSI Systems, Inc. announced that its Security division was awarded a contract valued at approximately $15 million to provide multiple cargo and vehicle inspection solutions, including OmniView® Gantry cargo inspection systems that utilize a combination of high-energy transmission and Z Backscatter® technology, Z Portal® passenger vehicle screening systems, and a Sentry® Portal cargo inspection system, as well as follow-on service and technical support. 

Read more: OSI Systems Awarded $15 Million Contract to Provide Cargo and Passenger Vehicle Screening Solutions

FuelCell Energy, Inc., a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, announced a memorandum of understanding with partner POSCO Energy to use an existing FuelCell Energy subsidiary to directly develop the Asian fuel cell business for the purpose of expanding Asian market opportunities. 

Read more: FuelCell Energy and Korean-based POSCO Energy Announce Strategic Agreement to Globalize the...

Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group (“Macquarie”) , announced the closing of the first non-recourse project financing of battery-based energy storage systems with CIT Bank. 

Read more: Macquarie Capital, Advanced Microgrid Solutions and CIT Close Industry-First Battery Storage...

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