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Implant Sciences Corp. (IMSC)

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Last Post: 11/27/2014 6:37:18 PM - Followers: 167 - Board type: Free - Posts Today: 31



 

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


 

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Wiki
IMSC News: Implant Sciences Receives Notification of Protest to Recent Award under Solicitation HTHS04-14-R-CT2050 11/26/2014 03:53:00 PM
IMSC News: Implant Sciences Receives Notification of Protest to Recent Award under Solicitation HTHS04-14-R-CT2050 11/26/2014 03:53:00 PM
IMSC News: Implant Sciences' QS-B220 Named "Best Explosives Detection Solution" for the 2nd Consecutive Year 11/26/2014 07:00:00 AM
IMSC News: Implant Sciences' QS-B220 Named "Best Explosives Detection Solution" for the 2nd Consecutive Year 11/26/2014 07:00:00 AM
IMSC News: NATO Member Military Purchases 18 QS-H150 Explosives Trace Detectors from Implant Sciences 11/24/2014 07:00:00 AM
PostSubject
#17665  Sticky Note Implant Sciences signs TSA IDIQ Contract for up Entendance 11/11/14 09:03:52 AM
#19002   Mas you are so full of it. HateCastro 11/27/14 06:37:18 PM
#19001   For someone without a dog in this fight, shiloh12 11/27/14 04:17:41 PM
#19000   It takes a while for you to digest zeynoc 11/27/14 04:12:52 PM
#18998   Pity should be for you who spends his kidneybeans 11/27/14 03:07:26 PM
#18996   Not late, just saved the best for last. kidneybeans 11/27/14 03:05:01 PM
#18995   Actually it is old technology and both MORPHO kidneybeans 11/27/14 03:03:55 PM
#18994   I see DMRJ has taken the stock back mas 11/27/14 02:46:58 PM
#18993   You absolutely know nothing about the comparability of zeynoc 11/27/14 02:38:25 PM
#18992   Do you think the dual-IMS detector market only mas 11/27/14 02:33:32 PM
#18990   Go and check out when they made their zeynoc 11/27/14 02:19:10 PM
#18989   You or anyone does not know anything about zeynoc 11/27/14 02:18:23 PM
#18988   No, correct as usual. The TSA has thousands mas 11/27/14 02:18:14 PM
#18987   The Ionscan 600 and Itemiser 4DX are not mas 11/27/14 02:15:15 PM
#18986   Again not correct as usual...TSA has not bought zeynoc 11/27/14 02:14:27 PM
#18985   Well it is obviously late if 2014 is mas 11/27/14 02:10:56 PM
#18984   Never, it is a cash shell after selling zeynoc 11/27/14 02:08:54 PM
#18983   I tell you that protest is a testimony zeynoc 11/27/14 02:07:47 PM
#18982   Does imsc have to get approval from TSA buffalop51 11/27/14 01:57:28 PM
#18981   I clearly pointed out, as far as I'm concerned, Entendance 11/27/14 01:33:04 PM
#18980   KidneyB- exactly, Morpho is on the outside meaning, Buzzlityr 11/27/14 12:57:35 PM
#18979   A lot of the time, the fans from Nowak488 11/27/14 12:42:07 PM
#18978   Morpho and Smiths already went through the EU/ECAC kidneybeans 11/27/14 12:40:48 PM
#18977   I would love to see a PR from b9molecule 11/27/14 12:29:15 PM
#18975   As a third late player in the dual-IMS mas 11/27/14 11:49:57 AM
#18974   November 25, 2014 Morpho Launches Non-Radioactive Trace Detector mas 11/27/14 11:38:21 AM
#18973   I'm not so sure about the 'no delay' buffalop51 11/27/14 08:28:43 AM
#18972   November 25, 2014 Protestor: Morpho Detection, Inc. Entendance 11/27/14 04:30:39 AM
#18971   Get out of here with that. Nowak488 11/26/14 07:50:37 PM
#18970   Nothing seems to be easy with this Company. HateCastro 11/26/14 06:55:06 PM
#18969   Thing is its the federal government we are gndkee09 11/26/14 06:54:22 PM
#18968   Thanks.....a little legalese to put you to sleep. winters1983 11/26/14 06:05:21 PM
#18967   Depends on TSA per below. I don't think zeynoc 11/26/14 05:53:40 PM
#18966   I don't know about you guys but I guiguich 11/26/14 05:49:06 PM
#18965   The good Doctor Jones probably anticipated this move iGrassHopper 11/26/14 05:41:56 PM
#18964   Would love to see the argument they put zeynoc 11/26/14 05:23:22 PM
#18963   Morpho did the same thing with a Smiths shiloh12 11/26/14 04:54:33 PM
#18962   Anyone know if there is a hold on winters1983 11/26/14 04:53:02 PM
#18961   GAO Bid Protest Docket Entry Entendance 11/26/14 04:19:26 PM
#18960   Clear signal that competition does not expect a zeynoc 11/26/14 04:10:46 PM
#18959   first post didn't make it....was responding to the pulpman66 11/26/14 04:04:11 PM
#18958   Implant Sciences Receives Notification of Protest to Recent cdinphx 11/26/14 04:02:41 PM
#18957   competitors trying everything again...levy and korsisnky...how about the pulpman66 11/26/14 04:01:34 PM
#18956   yes b9molecule 11/26/14 11:48:39 AM
#18954   that sounds like a good thing, no? tedpeele 11/26/14 11:47:07 AM
#18951   This is a total shame! DMRJ used the HateCastro 11/26/14 10:01:33 AM
#18950   Implant Sciences' QS-B220 Named "Best Explosives Detection Solution" Entendance 11/26/14 07:02:48 AM
#18949   Welcome back,seriously shiloh12 11/26/14 12:34:49 AM
#18948   Seriously, how many times are we going to RenoJon 11/25/14 11:49:54 PM
#18947   The result of bringing a 150 to a shiloh12 11/25/14 08:36:25 PM
#18946   It says here that the TSA is using daudah 11/25/14 07:52:10 PM
PostSubject