ABTG Ambient Corporation featured news, full reports, and detailed charts
Ambient Corporation (ABTG/ABTG.OB) Wrap Up:
Ambient Corporation engages in the design, development, commercialization, and marketing of Ambient Smart Grid communications equipment, technologies, and services. Its Ambient Smart Grid communications technology enables electric utilities and property owners to use their existing medium and low voltage distribution lines for the delivery of high-speed IP based services. The Ambient Smart Grid facilitates a two-way, real-time communications network to serve the ‘last mile’ backhaul for utilities to implement smart grid applications, such as advanced meter reading, real-time pricing, demand side management, and direct load control. The company was founded in 1996 and is based in Newton, Mass...Ambient Corporation (ABTG:OTC Bulletin Board Market)
Snapshot of Ambient Corporation (ABTG)
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OPEN
$0.16
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PREVIOUS CLOSE
$0.16
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DAY HIGH
$0.16
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DAY LOW
$0.15
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52 WEEK HIGH
10/15/09 - $0.26
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52 WEEK LOW
12/22/08 - $0.01
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MARKET CAP
142.7M
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AVERAGE VOLUME 3 mo
576.3K
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DILUTED EPS TTM
$-0.03
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SHARES OUTSTANDING
897.6M
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ABTG Does Not Pay Dividends
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P/E TTM
NM
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ABTG Top Compensated Officers
Executives, Board Directors
Key developments for Ambient Corporation (ABTG)
Ambient Corporation announced development of the Ambient® EDC module. The EDC module provides utilities a true, efficient path from legacy automatic meter reading (encoder receiver transmitter commonly known as 'ERT') systems to more advanced smart metering. The EDC is an optional module integrated into Ambient's smart grid node. Strategically installed at various points along the distribution grid and always collecting data from surrounding meters, the EDC eliminates the need to drive-by each meter to collect meter reads. The EDC listens for messages from meters equipped with ERT modules and automatically collects and stores that data. The frequency of reads and amount of time the information is stored are configurable by the utility. Using the new EDC module, utilities will be able to get data periodically for near real-time meter reads, along with outage detection, instead of once-a-month or estimated reads. Data collected by the EDC module will be transferred to the utility's meter collection software, and eventually to their billing system, as Ambient and Itron work together to complete the end-to-end process. Key Features of the EDC: Has a lower unit cost than previous solutions; Flexibility for backhaul connections; Provides a migration path from legacy systems (AMR) to smart metering, eliminating drive-by or mobile systems; Allows the utility to have near real-time reads of meters; Service outages detection.
Ambient Corporation announced a long-term agreement with Duke Energy to provide communication technologies for the utility's next phase of its smart grid deployment. The contract calls for Ambient to provide its X-series communications node as the central communications technology to transmit data from residential and commercial smart meters, and other applications back to the utility's network operations center. This communications node allows for the efficient collection, analysis and management of energy demand through collected usage data to promote more reliable, affordable and environmentally friendly operations.
Ambient Corporation reported revenue results for the second quarter and first half ended June 30, 2009. For the quarter, the company reported revenue of $30,590 compared to $747,223 for the same period in 2008. For the first half, the company reported revenue of $857,183 compared to $810,865 for the same period in 2008.
ABTG Competitors
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Industry Analysis
| Valuation | ABTG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 9.0x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 10.5x |
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ABTG transactions
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More Recent News About Ambient Corporation
More news for ABTG
AMBIENT CORP /NY Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND THE NOTES THERETO. SOME OF OUR DISCUSSION IS FORWARD-LOOKING AND INVOLVES RISKS AND UNCERTAINTIES. FOR INFORMATION REGARDING RISK FACTORS THAT COULD HAVE A MATERIAL ADVERSE EFFECT ON OUR BUSINESS, REFER TO THE RISK FACTORS CONTAINED HEREIN AND THE RISK FACTORS SECTION OF OUR ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2008 ON FORM 10-K. OVERVIEW Ambient Corporation ("Ambient", the "Company," "we or "us") is a pioneering integrator of smart grid communications platforms, creating high-speed Internet Protocols (IP) based data communications networks over existing electrical distribution grids, thereby enabling smart grid applications. The Ambient smart grid platform, known as Ambient Smart Grid®,, facilitates a two-way, real-time communications network to serve the "last mile" backhaul necessary for utilities to implement smart grid applications such as Advanced Metering Infrastructures (AMI), real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation, direct load control and more. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately utility customers. We are currently conducting deployments with a major electric utility, developing, demonstrating, and delivering Ambient Smart Grid utility applications. We continue to develop and extend our network design expertise, our hardware and software technology, and our deployment and network management capabilities, with the goal of generating revenues from all phases of Ambient Smart Grid communications network deployments. In 2008, Ambient received purchase orders from Duke Energy Business Services, LLC, and affiliates (collectively, "Duke Energy") to purchase its X2000 and X-3000 communication...Click here to read the whole Article (external link)
Ambient EDC Eases Migration to Smart Grid
BOSTON, Oct. 12 /PRNewswire-FirstCall/ -- Ambient Corporation (OTC Bulletin Board: ABTG - News) and Itron Inc. (Nasdaq: ITRI - News) today announced development of the Ambient® EDC module. The EDC module provides utilities a true, efficient path from legacy automatic meter reading (encoder receiver transmitter commonly known as "ERT") systems to more advanced smart metering. (Logo: http://www.newscom.com/cgi-bin/prnh/20091012/NE90671LOGO )"The possibility of leaving assets stranded without a clear road map or without a viable option for incorporating such assets into a smart grid platform has prevented many utilities from deploying smart grid technology. The new EDC module, developed with cooperation from Itron, gives utilities a critical migration path linking their legacy meters to newer advanced communications systems without stranding recently deployed assets," said John J. Joyce, President and CEO of Ambient Corporation. "With greater ...Click here to read the whole Article (external link)
Skymark Research Initiates Independent Research Coverage On Ambient Corp.
Skymark Research Initiates Independent Research Coverage On Ambient Corp. - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; text-align: left;...Click here to read the whole Article (external link)
AMBIENT CORP /NY Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
AMBIENT CORP /NY Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND THE NOTES THERETO. SOME OF OUR DISCUSSION IS FORWARD-LOOKING AND INVOLVES RISKS AND UNCERTAINTIES. FOR INFORMATION REGARDING RISK FACTORS THAT COULD HAVE A MATERIAL ADVERSE EFFECT ON OUR BUSINESS, REFER TO THE RISK FACTORS CONTAINED HEREIN AND THE RISK FACTORS SECTION OF OUR ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2008 ON FORM 10-K. OVERVIEW Ambient Corporation ("Ambient", the "Company" "we or "us") is a pioneering integrator of smart grid communications platforms, creating high-speed Internet Protocols (IP) based data communications networks over existing medium and low-voltage distribution grids, thereby enabling smart grid applications. The Ambient smart grid platform, known as Ambient Smart Gridâ„¢, facilitates a two-way, real-time communications network to serve the "last mile" backhaul necessary for utilities to implement smart grid applications such as Advanced Metering Infrastructures (AMI), real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation, and direct load control and more. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately utility customers. We are currently conducting deployments with major electric utilities, developing, demonstrating, and delivering Ambient Smart Gridâ„¢ utility applications. We continue to develop and extend our network design expertise, our hardware and software technology, and our deployment and network management capabilities, with the goal of generating revenues from all phases of Ambient Smart Gridâ„¢ communications network deployments. In 2008, Ambient received purchase orders from a major US investor owned utility to purchase its X2000 and X-3000 communications nodes, license it's AmbientNMSâ„¢,...Click here to read the whole Article (external link)
AMBIENT CORP /NY Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND THE NOTES THERETO. SOME OF OUR DISCUSSION IS FORWARD-LOOKING AND INVOLVES RISKS AND UNCERTAINTIES. FOR INFORMATION REGARDING RISK FACTORS THAT COULD HAVE A MATERIAL ADVERSE EFFECT ON OUR BUSINESS, REFER TO THE RISK FACTORS CONTAINED HEREIN AND THE RISK FACTORS SECTION OF OUR ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2008 ON FORM 10-K. OVERVIEW Ambient Corporation ("Ambient", the "Company" "we or "us") is a pioneering integrator of smart grid communications platforms, creating high-speed Internet Protocols (IP) based data communications networks over existing medium and low-voltage distribution grids, thereby enabling smart grid applications. The Ambient smart grid platform, known as Ambient Smart Gridâ„¢, facilitates a two-way, real-time communications network to serve the "last mile" backhaul necessary for utilities to implement smart grid applications such as Advanced Metering Infrastructures (AMI), real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation, and direct load control and more. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately utility customers. We are currently conducting deployments with major electric utilities, developing, demonstrating, and delivering Ambient Smart Gridâ„¢ utility applications. We continue to develop and extend our network design expertise, our hardware and software technology, and our deployment and network management capabilities, with the goal of generating revenues from all phases of Ambient Smart Gridâ„¢ communications network deployments. In 2008, Ambient received purchase orders from a major US investor owned utility to purchase its X2000 and X-3000 communications nodes, license it's AmbientNMSâ„¢...Click here to read the whole Article (external link)
AMBIENT CORP /NY Files SEC form 10-K, Annual Report
Item 7. Management Discussion and Analysis of Financial Condition and Results of Operation. THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND THE NOTES RELATED TO THOSE STATEMENTS. SOME OF OUR DISCUSSION IS FORWARD-LOOKING AND INVOLVES RISKS AND UNCERTAINTIES. FOR INFORMATION REGARDING RISK FACTORS THAT COULD HAVE A MATERIAL ADVERSE EFFECT ON OUR BUSINESS, REFER TO THE "RISK FACTORS" SECTION OF THIS ANNUAL REPORT. OVERVIEW Ambient is a pioneering integrator of smart grid communications platforms, creating high-speed Internet Protocols (IP) based data communications networks over existing medium and low-voltage distribution grids, thereby enabling smart grid applications. The Ambient smart grid platform, known as Ambient Smart Gridâ„¢, facilitates a two-way, real-time communications network to serve the "last mile" backhaul necessary for utilities to implement smart grid applications such as Advanced Metering Infrastructures (AMI), real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation, and direct load control and more. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately utility customers. We are currently conducting deployments with major electric utilities, developing, demonstrating, and delivering Ambient Smart Gridâ„¢ utility applications. We continue to develop and extend our network design expertise, our hardware and software technology, and our deployment and network management capabilities, with the goal of generating revenues from all phases of Ambient Smart Gridâ„¢ communications network deployments. In 2008, Ambient received purchase orders from a major US investor owned utility to purchase its X2000 and X-3000 communications nodes, license its AmbientNMSâ„¢, and acquire engineering support in building out an intelligent grid/intelligent-metering platform. These purchase orders have gen...Click here to read the whole Article (external link)
