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Implant Sciences Corp. (IMSC)

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Last Post: 10/31/2014 12:57:57 PM - Followers: 161 - Board type: Free - Posts Today: 26



 

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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PostSubject
#17099  Sticky Note Glenn Bolduc: DHS Picks Implant Sciences for Airport Entendance 10/21/14 05:40:18 AM
#17477   right. so what is Glenn Bolduc prepared to do? b9molecule 10/31/14 01:07:17 PM
#17476   I hope you're right! My paranoia centers Doctor Detroit 10/31/14 12:57:57 PM
#17475   <@implantscicorp are exhibiting with BDS @ifsec. Come and Entendance 10/31/14 12:33:21 PM
#17474   Nowak- consider your supposition- McGann is the tsa Buzzlityr 10/31/14 12:30:48 PM
#17473   Doc D- yep to everything you post. It Buzzlityr 10/31/14 12:04:42 PM
#17472   The most expensive lesson I have learned is RenoJon 10/31/14 11:53:28 AM
#17471   Zey- I am NOT happy in the slightest Buzzlityr 10/31/14 11:47:31 AM
#17470   Sorry, I didn't know that was in response Nowak488 10/31/14 11:41:10 AM
#17469   Pat- I hear you, you are unhappy but Buzzlityr 10/31/14 11:34:48 AM
#17468   One thing to think about is if memory vintagesake 10/31/14 11:32:45 AM
#17467   nowak- did you read the passages taken from Buzzlityr 10/31/14 11:30:57 AM
#17466   nice angle for Bolduc to throw at TSA: b9molecule 10/31/14 11:01:52 AM
#17465   For once Buff, I hope you're right. Happy fool4pennies 10/31/14 10:57:50 AM
#17464   The only reason I came back was to buffalop51 10/31/14 10:44:05 AM
#17463   And we all know what doesn't happen when shiloh12 10/31/14 10:36:14 AM
#17462   hey doc, nice job sorting through the morass b9molecule 10/31/14 10:11:57 AM
#17461   "I find it odd as buff changes his buffalop51 10/31/14 10:08:39 AM
#17460   I'm hardly an authoritative source...just trying to piece Doctor Detroit 10/31/14 10:08:11 AM
#17459   The Buffalo to Buzz transition is odd, but Nowak488 10/31/14 09:58:28 AM
#17458   I think I explained enough why I am zeynoc 10/31/14 09:45:55 AM
#17457   Thanks for the kind words. pmaher 10/31/14 08:58:01 AM
#17456   'SAME RESULTS' is one possible answer, not the pmaher 10/31/14 08:53:17 AM
#17455   I've posted this before, but would a super Nowak488 10/31/14 08:42:37 AM
#17454   First, I must say that you asked some Nowak488 10/31/14 08:37:54 AM
#17453   Pat- thanks for your reply. And a fair Buzzlityr 10/31/14 12:17:13 AM
#17452   I've been chewing on this since the call. pmaher 10/31/14 12:02:03 AM
#17451   Thanks for your thoughts. I appreciate your contribution pmaher 10/30/14 11:09:15 PM
#17450   it is not TSA qualified. b9molecule 10/30/14 09:24:55 PM
#17449   You have turned into a basher with your KnightlyCruiser 10/30/14 08:56:33 PM
#17448   Sad that I did not sell at 1,80-1,60 HateCastro 10/30/14 08:16:52 PM
#17447   It would need to detect a lot more Nowak488 10/30/14 08:14:05 PM
#17446   The problem there is that he was really Nowak488 10/30/14 08:06:23 PM
#17445   Could this be more competition for us to daudah 10/30/14 07:27:22 PM
#17444   I took a cursory look…the pricing tables list b9molecule 10/30/14 06:53:50 PM
#17443   quick question? -- kidneybeans 10/30/14 06:50:46 PM
#17442   maeb- NO, this solicit is for the transportation Buzzlityr 10/30/14 06:41:42 PM
#17441   nowak- but if the TEDs solicit is solid,on Buzzlityr 10/30/14 06:35:02 PM
#17440   Buzz and Dr. D. maeberly 10/30/14 06:34:41 PM
#17439   Yeah, but if you look at the 10K Nowak488 10/30/14 05:52:16 PM
#17438   Nowak- I have no idea. I was pointing Buzzlityr 10/30/14 05:45:50 PM
#17437   We have the product ready to ship? Nowak488 10/30/14 05:37:53 PM
#17436   Doctor D- thanks! Great find! Buzzlityr 10/30/14 05:34:59 PM
#17435   Yes, very reasonable. But I don't think Doctor Detroit 10/30/14 05:17:29 PM
#17434   zey- not sure how you can hold your Buzzlityr 10/30/14 04:50:01 PM
#17433   Tried but could not even sell 1000 shares perfusionist 10/30/14 04:34:18 PM
#17432   Still so much talk talk talk but nothing zeynoc 10/30/14 04:22:48 PM
#17431   Nowak- you make very valid points. And you Buzzlityr 10/30/14 04:06:19 PM
#17430   HC- sorry to disabuse you of your incorrect Buzzlityr 10/30/14 03:53:18 PM
#17429   My point was that the TSA/DHS sets the Nowak488 10/30/14 03:48:01 PM
#17428   B9- tsa has published a deadline of sorts Buzzlityr 10/30/14 03:42:47 PM
PostSubject