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Implant Sciences Corp. (IMSC)

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Last Post: 3/3/2015 8:47:38 PM - Followers: 167 - Board type: Free - Posts Today: 0


Implant Sciences Corp.

107 Audubon Road #5
Wakefield, MA 01880
Phone: (781) 246-0700

Implant Sciences Corp. (IMSC) develops and manufactures explosive trace detection sensors and systems that are capable of detecting minute amounts of a wide variety of military, commercial, and homemade explosives. IMSC's patented technologies  provide unique screening capabilities to extend and improve counter-terrorist and homeland security efforts. Implant Sciences' products are deployed worldwide to enhance the safety and security of its customers in roles such as:
Aviation security
Force protection
Subway security
Customs and immigration
Cargo security
Critical infrastructure protection
Ports and tunnels security
and more…

Innovative Products:

Quantum Sniffer™ QS-H150 Portable Explosives Detector

The Quantum Sniffer QS-H150 employs a patented vortex collector for the simultaneous detection of explosives particulates and vapors with or without physical contact and in real-time. Far more sensitive than other detection devices, the advanced Quantum Sniffer can detect parts-per-trillion (ppt) levels of explosives vapor and nanogram quantities of explosives particulates for most threat substances.

Accurate and Efficient

The QS-H150 has automatic and continuous self-calibration. It monitors its environment, senses changes that would affect its accuracy, and re-calibrates accordingly. No user intervention, no calibration consumables, no system down-time.
For detection, the sample is collected by the vortex, ionized photonically, and analyzed via ion mobility spectrometry (IMS). The presence of a threat is indicated by a visible and audible alarm, and the substance is identified and displayed on the integrated LCD screen. Optionally, and at any time, a monitor and keyboard may be connected for convenient access to spectrogram display and analysis tools, administrative tools, and diagnostics.
When detecting a threat substance, the QS-H150 rapidly alarms. This real-time detection limits equipment contamination and allows for ultra-fast clear-down.


Photonic (non-radioactive) ionization

Patented non-contact vortex collector sample acquisition

Automatic continuous self-calibration

No calibration or verification traps

Simultaneous vapor and particulate detection

Threat and taggant identification


Lower total costs of ownership

Very low false positive rate

Full range of detectable substances

User-expandable threat library

Fast analysis

Ultra-fast clear-down

QS-B220 Benchtop Explosives and Narcotics Trace Detector

QS-B220The QS-B220, introduced in May 2011, is a bench-top explosives and narcotics trace detector that uses Ion Mobility Spectrometry (IMS) to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives, plus narcotic substances. The QS-B220 is free from radioactive materials, low total cost of ownership, and high operational availability.

Accurate and Efficient

The Quantum Sniffer performs real-time detection with fast clear-down. When detection occurs, the QS-B220 provides audio and visual alarm indications, including substance identification, on the integrated high-resolution color touch-screen. Authorized users can also access spectrogram display and analysis, administrative, and diagnostic tools through the easy-to-use interface.

Automatic internal self-calibration prevents errors that could result from an uncalibrated instrument. The QS-B220 monitors its environment and senses changes that would affect its analysis. No user intervention or calibration consumables required.

Lower Total Cost of Ownership

Operation and maintenance expenses are extremely low with the QS-B220. Routine maintenance consists of care and cleaning using common supplies and desiccant replacement as required.

No radioactive material is used in the QS-B220, so there are no associated certification, licensing, inspection, testing, transportation, or end-of-life disposal costs.

Features and Benefits:


Fast clear-down means the QS-B220 is ready for the next sample in seconds

Low maintenance design delivers low total cost of ownership

Very low false positive rate

Capable of rapidly detecting and identifying both explosives and drugs


Implant's innovative explosive trace detection (ETD) devices have significant advantages over market leaders in detection systems space such as:

Safran's Morpho Detection products

Smiths Group detectors

L3 Security & Detection Systems


View at financials (see source)
[...] Implant Sciences has $5.5mm in current assets, up against $35mm in current liabilities of which $27mm belong to the DMRJ Group. This may actually bode well for the company as DMRJ has repeatedly positioned themselves as a long term benefactor of the company, extending the credit line and promissory notes' due date from March to September of this year and increasing the amount borrowable under the line of credit. If the August TSA approval holds water, DMRJ may in fact be the greatest beneficiary in IMSC's long and profitable future, alongside even the smallest of shareholders[...]

more (see

[...]The company has around $35 million in current liabilities of which $27 million belong to the DMRJ Group. DMRJ Group, LLC is a Delaware Limited Liability Company affiliated with Platinum Partners Value Arbitrage Fund L.P., one of the most profitable mid-sized hedge funds known to-date. DMRJ Group has repeatedly extended the credit line and promissory notes' to Implant and increased the borrowable amount. Thus DMRJ positioned themselves as a long term benefactor in IMSC. DMRJ most definitely is betting on Implant Sciences's profitable future - that's a good sign and clear direction for the sophisticated investor to follow the smart money.[...]

IMSC has arrived...signing a Major contract with the US Government!

Implant Sciences signs TSA IDIQ Contract for up to $162 million dollars for explosive trace detection systems

Indefinite Delivery / Indefinite Quantity Contract for QS-B220s


Implant Sciences Receives Order from TSA for 1,170 Explosive Trace Detectors

QS-B220s to be deployed to multiple U.S. airports



From source:



Transfer Agent
Computershare Trust Company Inc.
350 Indiana St.
Golden, CO 80401

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Current Price
Bid Ask Day's Range
IMSC News: Current Report Filing (8-k) 02/20/2015 01:03:35 PM
IMSC News: Implant Sciences To Announce Second Quarter Fiscal 2015 Financial Results 02/13/2015 04:15:00 PM
IMSC News: Current Report Filing (8-k) 02/09/2015 01:24:32 PM
IMSC News: Implant Sciences Appoints Robert Liscouski as Executive Vice President 02/09/2015 07:00:00 AM
IMSC News: Current Report Filing (8-k) 01/23/2015 03:38:38 PM
#21390  Sticky Note This covers a few points different from my irish123 02/19/15 03:30:03 PM
#21726   good plan, but Implant does not pay taxes….wont b9molecule 03/03/15 08:47:38 PM
#21725   Parts plus labor= value added iGrassHopper 03/03/15 08:36:42 PM
#21724   keeping the finished goods inventory low on purpose iGrassHopper 03/03/15 08:15:10 PM
#21723   Based on technicals, the Today's closing price was HateCastro 03/03/15 08:07:37 PM
#21722   FIFO iGrassHopper 03/03/15 07:50:01 PM
#21721   They will extend the financing to get us Nowak488 03/03/15 06:53:28 PM
#21720   imagine if TSA awarded us the IDIQ in the9horse 03/03/15 06:25:47 PM
#21719   And it sounds like you're a good accountant...as vintagesake 03/03/15 05:29:35 PM
#21718   I am in public accounting and I've never Nowak488 03/03/15 04:45:05 PM
#21717   Yes it is, there are ways to circumvent vintagesake 03/03/15 04:25:27 PM
#21716   Well, he dun shot off 9 of his Buzzlityr 03/03/15 04:12:54 PM
#21715   That is not an option that is available Nowak488 03/03/15 04:07:28 PM
#21714   guess he quit drinking long enough to get b9molecule 03/03/15 03:54:40 PM
#21713   CNN Breaking News: The U.S. House passed shmoopy38 03/03/15 03:47:08 PM
#21712   One other note,"the numbers contained in the report vintagesake 03/03/15 03:46:53 PM
#21711   When it comes to inventory valuation, a company vintagesake 03/03/15 03:27:22 PM
#21710   Seriously unbelivable' everything takes at least the maximum zeynoc 03/03/15 03:01:29 PM
#21709   They have reported no increase in inventory. humnow24 03/03/15 02:59:18 PM
#21708   Why does everybody think that production and everything ScooterTime022 03/03/15 02:54:05 PM
#21707   Sounds about right. Par for the course. BradyBronco 03/03/15 02:34:21 PM
#21706   I hope so. I just know I looked phinswin 03/03/15 02:34:18 PM
#21705   What is redacting? How long does it take? Northforker 03/03/15 02:21:16 PM
#21704   B9- if Liscouski is beating the bushes, it Buzzlityr 03/03/15 02:16:58 PM
#21703   Actually a majority of the recent cases have humnow24 03/03/15 02:15:48 PM
#21702   buzz - Liscouski's contract will be revealed in b9molecule 03/03/15 01:56:44 PM
#21701   Cant understand why this is going to the phinswin 03/03/15 01:56:34 PM
#21700   B9- SEO is a huge failing for IMSC. Buzzlityr 03/03/15 01:14:18 PM
#21699   Over 20k sold dropping the price from 1-1.01 HateCastro 03/03/15 12:43:02 PM
#21698   Tomorrow is 100 calendar days,with a decision made shiloh12 03/03/15 12:35:33 PM
#21697   anything that helps get the word out = good b9molecule 03/03/15 12:14:12 PM
#21696   They just posted this to a Facebook. But ScooterTime022 03/03/15 12:07:08 PM
#21695   House, in Reversal, Will Vote on Year’s Funding Northforker 03/03/15 11:42:06 AM
#21694   how about just fund DHS like they are b9molecule 03/03/15 11:14:59 AM
#21693   or farm sub. stroker46 03/03/15 11:12:14 AM
#21692   Nah ... from oil industry subsidies Northforker 03/03/15 10:58:55 AM
#21691   they should just take funds from FEMA #watchinghouseofcards nextgenetd 03/03/15 10:53:27 AM
#21690   Homeland Security funding update: Northforker 03/03/15 10:25:20 AM
#21689   One step forward and two steps back and perfusionist 03/03/15 09:56:51 AM
#21688   From 1.01 to 0.95 on 100 shares sold!!! HateCastro 03/03/15 09:43:55 AM
#21687   Crash AG25 03/03/15 09:41:36 AM
#21686   GUGS back on the bid, hmm... ki2002rom 03/03/15 09:12:15 AM
#21685   Top of the list of open bid protest humnow24 03/03/15 08:38:23 AM
#21684   Exactly what I feel and think. We need zeynoc 03/03/15 04:03:54 AM
#21683   Been here waay too long to get a shiloh12 03/02/15 07:31:03 PM
#21682   Congrats we're all happy campers. I think we ki2002rom 03/02/15 07:25:18 PM
#21681   B9-- its all in the short vol. Buzzlityr 03/02/15 06:34:47 PM
#21680   recent pickups .85, .91 and .92 myself. looking good. b9molecule 03/02/15 05:50:52 PM
#21679   Let's hope so- sales are oxygen to them shiloh12 03/02/15 05:44:29 PM
#21678   That's true but this company and this tech zeynoc 03/02/15 05:07:42 PM
#21677   Yup, also technicals have shown divergence recently Northforker 03/02/15 05:05:26 PM