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Implant Sciences Corp. (IMSC)

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Last Post: 8/27/2014 10:16:34 AM - Followers: 156 - Board type: Free - Posts Today: 6

Implant Sciences

 

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
#15446   The calm before the storm. Serenity break. Everyone islandchief 08/27/14 10:16:34 AM
#15445   The calm before the storm. Serenity break. Everyone islandchief 08/27/14 10:16:34 AM
#15444   IMSC reminds me of a roller coaster ride. perfusionist 08/27/14 10:03:44 AM
#15443   good volume and price b9molecule 08/27/14 09:42:39 AM
#15439   This is tedious for sure but our patience maeberly 08/26/14 06:13:52 PM
#15438   Well as long as you're not eventually watching vintagesake 08/26/14 05:46:28 PM
#15437   After the close I made some iced tea maeberly 08/26/14 05:20:40 PM
#15434   The example was illustrating the political nature of buffalop51 08/26/14 02:26:58 PM
#15433   not to mention comparing apples & oranges. The nextgenetd 08/26/14 02:05:20 PM
#15430   Working on a record volume day! humnow24 08/26/14 12:15:43 PM
#15429   The diverted plane was caused by Sony PlayStation islandchief 08/26/14 10:45:24 AM
#15428   The point of the last post is to buffalop51 08/26/14 08:18:55 AM
#15427   This is from 2011. To think this buffalop51 08/26/14 08:08:46 AM
#15426   it would certainly send the right message, announcing b9molecule 08/25/14 07:41:34 PM
#15425   There was a bomb threat today for an ScooterTime022 08/25/14 06:47:54 PM
#15424   Page 6 and 9.. ScooterTime022 08/25/14 06:39:52 PM
#15417   "And one other thing, for anybody who may buffalop51 08/25/14 01:23:38 PM
#15415   I think he probably has a birthday every year b9molecule 08/25/14 10:01:23 AM
#15414   This year or next ? humnow24 08/25/14 10:00:20 AM
#15413   My birthday is September 9th and I would perfusionist 08/25/14 09:01:28 AM
#15412   "It may seem like a redundant PR to buffalop51 08/25/14 07:50:31 AM
#15411   Approved, integrated, operationally tested, TSA recommended technology waiting zeynoc 08/25/14 03:04:46 AM
#15410   Funny I was thinking the same thing! The Ten4 08/25/14 12:01:10 AM
#15409   ya your right another strong call...since we are nextgenetd 08/24/14 09:25:00 PM
#15408   If that were the case, we have been buffalop51 08/24/14 08:40:16 PM
#15407   All these Sunday posts tell me we be fantomphan 08/24/14 08:33:05 PM
#15406   Lucky to have a CEO that's open and buffalop51 08/24/14 08:29:28 PM
#15405   Anyway you want to slice and dice it, buffalop51 08/24/14 08:08:20 PM
#15404   if your always so right, shouldn't we be nextgenetd 08/24/14 07:45:02 PM
#15403   "All these mean nothing without sales. So far buffalop51 08/24/14 07:09:16 PM
#15402   some animals are working overtime on Sunday…me? I'm b9molecule 08/24/14 07:05:02 PM
#15401   The reason for 'amazement' is simple. Mr. buffalop51 08/24/14 06:53:30 PM
#15400   All these mean nothing without sales. So ktcougar 08/24/14 06:44:25 PM
#15399   You simply change the subject whenever you get zeynoc 08/24/14 06:01:39 PM
#15398   First and Most Importantly. buffalop51 08/24/14 04:09:35 PM
#15397   But that isn't coming from Glenn or anyone Nowak488 08/24/14 03:22:51 PM
#15396   Fiscal year ending and 'spending that money' means buffalop51 08/24/14 02:16:10 PM
#15395   The SP appreciation/depreciation after each of those 'earth buffalop51 08/24/14 02:03:27 PM
#15394   IMSC track record so far: b9molecule 08/24/14 01:38:06 PM
#15393   except this time we know that tsa fiscal kidneybeans 08/24/14 12:47:31 PM
#15392   Great post Giovanni 08/24/14 11:51:26 AM
#15391   Go back to the last two 'Augusts'. buffalop51 08/24/14 11:24:42 AM
#15390   It is true. Good sign. BlackE 08/24/14 07:18:49 AM
#15389   I think we're all more concerned with you. dsully64 08/24/14 07:16:33 AM
#15388   Jump if you must, us dimwits are gonna islandchief 08/24/14 01:08:05 AM
#15387   Desperation, the last thing you feel as your boilerkds 08/23/14 10:29:56 PM
#15386   Appreciate the insight. Keep posting. irish123 08/23/14 09:50:05 PM
#15385   So you have been hanging around for a taxpayer 08/23/14 08:16:17 PM
#15384   So you have been hanging around for a taxpayer 08/23/14 08:16:17 PM
#15382   love all these new names showing up trying b9molecule 08/23/14 03:54:39 PM
PostSubject