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Implant Sciences Corp. (IMSC)

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Last Post: 10/23/2014 1:06:19 AM - Followers: 163 - Board type: Free - Posts Today: 1



 

Implant Sciences Corp.

107 Audubon Road #5
Wakefield, MA 01880
Phone: (781) 246-0700
http://www.implantsciences.com/

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.

Features:                                                                                                                                                     

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

Benefits:

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

others


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 source)

[...]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.[...]

Anticipation of  Transportation Security Administration (TSA) certification (expected - end of August 2012)

From source:

[...]The TSA's announcement is pertinent to Implant Sciences (IMSC.PK) which makes its major domestic debut with their explosive and narcotics trace detection systems later this year; their recent investor conference call points towards a likely approval by the TSA for implementation of products in August. With TSL testing finalization and subsequently TSA approval, Implant's proprietary product lines improve upon current competition's offerings (ease of use; low cost of ownership; safety through non-radioactivity). Implant Sciences' products are widely used and gaining ground internationally but TSA approval grants unprecedented domestic involvement and makes this young company an obvious acquisition target[...]

Government Security News review:

see at this link

GSN article about IMUC


 

Charts



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PostSubject
#17099  Sticky Note Glenn Bolduc: DHS Picks Implant Sciences for Airport Entendance 10/21/14 05:40:18 AM
#17159   ...which is all we do:) truly comparable products! zeynoc 10/23/14 01:06:18 AM
#17158   Nice chart,think i'll stay here where it's more shiloh12 10/22/14 10:10:06 PM
#17157   Hmm just checking in and see the same faxedreceipts 10/22/14 07:47:52 PM
#17156   Who else is getting the orders is what Andy3077 10/22/14 07:25:55 PM
#17155   Maybe you could give away a B-220 with RenoJon 10/22/14 07:09:58 PM
#17154   Correct. However, we are the only one tsa certified. Andy3077 10/22/14 07:02:47 PM
#17153   except they don't do etd. kidneybeans 10/22/14 06:55:05 PM
#17152   Hopefully a good sign Doctor Detroit 10/22/14 06:50:52 PM
#17151   Are we the only non-radioactive detector? Don't think so. RenoJon 10/22/14 06:43:46 PM
#17150   Lol. Ya think? Now it's time to sell Andy3077 10/22/14 06:27:13 PM
#17149   Implant Sciences QS-B220 has passed today's current, more b9molecule 10/22/14 04:14:17 PM
#17148   Is that really a buy for 122,230 at rocky102 10/22/14 04:11:35 PM
#17147   The close was interesting. Not alot of buffalop51 10/22/14 04:06:16 PM
#17146   Canada is waking up to the sad reality HateCastro 10/22/14 03:51:41 PM
#17145   Patience Patience Patience guiguich 10/22/14 03:40:50 PM
#17144   Correct me if I'm wrong, but I thought 1cyclgst 10/22/14 03:10:08 PM
#17143   IMSC sales team is a total disgrace. If HateCastro 10/22/14 02:17:05 PM
#17142   I don't want to hear Dr.Jones about the zeynoc 10/22/14 01:39:51 PM
#17141   Canada just signed on to the ISIS coalition, shiloh12 10/22/14 12:38:15 PM
#17140   I have waited long enough. Started selling my perfusionist 10/22/14 11:36:40 AM
#17139   I think that's Smith's you're referring to... winters1983 10/22/14 11:24:56 AM
#17138   I thought they signed a deal with Morpho Nowak488 10/22/14 10:53:44 AM
#17137   Maybe the TSA is contracting with a 3rd iGrassHopper 10/22/14 10:39:54 AM
#17136   I think I understand where you're coming from. Doctor Detroit 10/22/14 09:56:05 AM
#17135   I am giving them 3 more days then humnow24 10/22/14 09:48:33 AM
#17134   I have wrestled with this feeling for a onlyforROI 10/22/14 09:34:26 AM
#17133   What is odd is that the five year buffalop51 10/22/14 09:12:11 AM
#17132   No news, bad news. La Esperanza es lo HateCastro 10/22/14 08:26:28 AM
#17131   nothing there on ETD b9molecule 10/21/14 11:06:43 PM
#17130   They are increasing the security service charge per zeynoc 10/21/14 09:45:58 PM
#17129   New TSA document put out today. http://www.airportlawconference.com/files/2014TS ScooterTime022 10/21/14 09:20:31 PM
#17128   Agreed, everything is being thrown right or wrong zeynoc 10/21/14 09:10:20 PM
#17127   Is sad, but seems like there are not HateCastro 10/21/14 06:53:53 PM
#17126   There are no "new investors", just long term buffalop51 10/21/14 05:07:38 PM
#17125   Attempts to scare new investors both unethical and disgusting kidneybeans 10/21/14 04:58:01 PM
#17124   I don't know what to believe anymore. ktcougar 10/21/14 04:15:13 PM
#17123   Better hope Bullwinkle pulls a rabbit out of buffalop51 10/21/14 04:08:27 PM
#17122   I'm in that club, hanging around for a shiloh12 10/21/14 04:06:13 PM
#17121   Greetings from the IMSC MILLIONAIRE CLUB. ktcougar 10/21/14 03:44:33 PM
#17120   All this buff-stuff and musical chairs set me NJUST 10/21/14 03:40:30 PM
#17119   "Like information regarding their pipeline." buffalop51 10/21/14 03:22:41 PM
#17118   I would hope so, but I wouldn't really Nowak488 10/21/14 02:23:20 PM
#17117   Like information regarding their pipeline. kidneybeans 10/21/14 02:22:23 PM
#17116   "I am sure the financier got more than buffalop51 10/21/14 02:05:26 PM
#17115   I am sure the financier got more than kidneybeans 10/21/14 01:47:46 PM
#17114   The company has received financing from two sources. buffalop51 10/21/14 01:43:01 PM
#17113   Great post. Lol. Ahhhhhhhhhhhhh. Andy3077 10/21/14 12:33:33 PM
#17112   Where are the sales Glenn? Stop spending money HateCastro 10/21/14 12:14:27 PM
#17111   Sponsoring a coffee break, where is the PR humnow24 10/21/14 12:07:50 PM
#17110   Programme and List of Speakers Entendance 10/21/14 12:05:22 PM
PostSubject