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Implant Sciences Corp. (IMSC)

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Last Post: 7/7/2015 1:37:18 PM - Followers: 172 - Board type: Free - Posts Today: 22


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 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.[...]

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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Bid Ask Day's Range
IMSC News: Implant Sciences' QS-B220 Wins GSN Award for "Best Security Checkpoint" 06/25/2015 09:00:00 AM
IMSC News: Cyprus Chooses Implant Sciences' QS-B220 to Meet Upcoming EU ETD Regulations 06/23/2015 09:00:00 AM
IMSC News: Up to 304 Additional QS-B220s Sold to French Airports as Implant Sciences Deepens its Foothold in EU 06/11/2015 09:30:00 AM
IMSC News: Four Major Airports in Poland Join Other European Airports in Selecting Implant Sciences' QS-B220 Trace Detectors to Meet Eur... 06/04/2015 09:00:00 AM
IMSC News: Proxy Statement (definitive) (def 14a) 06/04/2015 06:02:14 AM
#25917   Very far option, it will only stop the zeynoc 07/07/15 01:37:18 PM
#25916   And if they are paid off before they fantomphan 07/07/15 01:35:14 PM
#25914   This does not make any sense. In an zeynoc 07/07/15 01:26:27 PM
#25913   Someday, when somebody takes us over (I assume fantomphan 07/07/15 01:20:38 PM
#25912   It is a shame then let's not trade, zeynoc 07/07/15 01:19:56 PM
#25911   Z,this BOD doesn't give a crap about retail,and shiloh12 07/07/15 01:06:22 PM
#25910   It is more than 5.5 yrs for me zeynoc 07/07/15 12:48:56 PM
#25909   Zeynoc, I do not know when they will fantomphan 07/07/15 12:44:21 PM
#25908   So they are all happy, everything is going zeynoc 07/07/15 12:16:49 PM
#25907   Agreed. But, this SP is simply a disaster, zeynoc 07/07/15 12:08:44 PM
#25906   Implant Sciences Announces Results of 2015 Annual Shareholder Entendance 07/07/15 11:38:35 AM
#25905   I guess I'll have to ignore you too. gndkee09 07/07/15 11:14:12 AM
#25903   DEAD MONEY ! humnow24 07/07/15 10:28:55 AM
#25897   its a way to pollute the board, the b9molecule 07/07/15 03:10:25 AM
#25896   Toro, you may be correct in your logic, Alden2347 07/07/15 03:07:12 AM
#25893   Yeah, I grew tired of not getting an ROI. UncLeDaD 07/06/15 05:05:40 PM
#25892   Good to see all these 'true longs' coming buffalop51 07/06/15 04:57:25 PM
#25891   I apologize if my sense of humor offended UncLeDaD 07/06/15 04:47:17 PM
#25888   The yahoo board?? Best you keep that to UncLeDaD 07/06/15 04:11:10 PM
#25887   IT- not following who or what, but second Buzzlityr 07/06/15 02:25:01 PM
#25886   I wasn't there, but you can read it iToro 07/06/15 02:11:46 PM
#25885   IT- did you attend the shareholder meeting? IF Buzzlityr 07/06/15 02:01:49 PM
#25884   During the meeting MG acted like he didn't iToro 07/06/15 01:32:20 PM
#25883   Ready for take off? Yeah right... Too many iToro 07/06/15 01:07:43 PM
#25882   "second major victory in France" This is a iToro 07/06/15 01:01:37 PM
#25881   images.investorshub.advfn.com/images/uploads/2015/7/6/wxsrvScreen_Shot_20 b9molecule 07/06/15 12:42:48 PM
#25880   IMPLANT SCIENCES QS-B220s SCORES AGAIN IN EUROPE, DEEPENS Entendance 07/06/15 09:02:27 AM
#25879   The one we need to seal our victory iToro 07/05/15 11:54:05 PM
#25878   Next European win for IMSC? Fred1949 07/05/15 03:45:29 PM
#25877   Glen! iToro 07/03/15 03:36:52 PM
#25876   I think we all know who the best Nowak488 07/03/15 02:40:38 PM
#25875   If news were so great at the meeting iToro 07/03/15 12:35:59 PM
#25874   what makes you think CEOs are there to b9molecule 07/03/15 12:08:22 PM
#25873   Saying they need to take care of debt Nowak488 07/03/15 09:08:22 AM
#25872   http://www.dakotafinancialnews.com/implant-sciences-upgraded-by-zacks-to-hold-im daudah 07/03/15 07:35:11 AM
#25871   We effectively do not have a CEO. IDAGIRL 07/02/15 11:24:17 PM
#25870   Since when talking about restructuring debt, finding iToro 07/02/15 10:13:23 PM
#25869   Since when did the US government start looking buffalop51 07/02/15 08:36:42 PM
#25866   of course we are going to make margins b9molecule 07/02/15 05:44:30 PM
#25865   KC, 1st qtr is shaping up to be vintagesake 07/02/15 04:27:28 PM
#25864   gotta point there for sure dshade 07/02/15 04:26:05 PM
#25863   It's been apparent for YEARS, the company does buffalop51 07/02/15 04:21:36 PM
#25862   Thanks for the update. Glad you enjoyed your humnow24 07/02/15 03:16:23 PM
#25861   No IT they didn't talk about that. They spent maeberly 07/02/15 03:06:02 PM
#25860   They got a little home cooking on that Nowak488 07/02/15 02:55:12 PM
#25859   We have been selling to China and India KnightlyCruiser 07/02/15 02:52:42 PM
#25858   Global market is bigger than just USA and EU... lil_man 07/02/15 02:50:53 PM
#25857   The only order IMSC didnt get was to humnow24 07/02/15 02:48:57 PM
#25856   Vintage, is my math accurate? IMSC is currently KnightlyCruiser 07/02/15 02:44:29 PM
#25855   Margins appear to be very,very good on EU vintagesake 07/02/15 02:26:47 PM