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Implant Sciences Corp. (IMSC)

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Last Post: 7/25/2014 8:46:36 AM - Followers: 153 - Board type: Free - Posts Today: 3

Implant Sciences


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

  • 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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Bid Ask Day's Range
IMSC News: Statement of Changes in Beneficial Ownership (4) 07/23/2014 11:08:46 AM
IMSC News: Implant Sciences Ships $550,000 in Explosives Trace Detectors to Domestic and International Customers 07/17/2014 07:00:00 AM
IMSC News: Implant Sciences Ships $550,000 in Explosives Trace Detectors to Domestic and International Customers 07/17/2014 07:00:00 AM
IMSC News: Statement of Changes in Beneficial Ownership (4) 07/10/2014 05:09:47 PM
IMSC News: Statement of Changes in Beneficial Ownership (4) 07/10/2014 02:40:10 PM
#14693   They simply cant, that's the backbone of their zeynoc 07/25/14 08:46:36 AM
#14692   Yes, that's the passage. My understanding is that irish123 07/25/14 07:48:05 AM
#14691   Are you referring to this passage from page 12? winters1983 07/25/14 06:36:01 AM
#14690   Note also that the desktop unit can not irish123 07/24/14 09:25:56 PM
#14689   What else is new... I hate NITE Ten4 07/24/14 03:38:16 PM
#14688   Why do NITE & PUMA always seem to ghkelly75 07/24/14 02:33:56 PM
#14687   I agree z. with what we know now b9molecule 07/24/14 01:52:56 PM
#14686   Look at Page 8 which lists what BAA zeynoc 07/24/14 01:31:23 PM
#14685   For anyone interested in understanding what TSA's next-generation b9molecule 07/24/14 01:15:05 PM
#14683   The emergence of homemade explosive (HME) threats and b9molecule 07/24/14 12:44:15 PM
#14682   DHS Science & Technology BROAD AGENCY ANNOUNCEMENT (BAA) b9molecule 07/24/14 12:38:41 PM
#14681   Norway expects Islamist terrorism attempt within 'a few days' b9molecule 07/24/14 12:04:20 PM
#14679   At least the stock price isn't rebelling! Holding Ten4 07/24/14 12:02:54 PM
#14662   I'm so old they named dirt after me....LOL Lou2x 07/23/14 01:40:08 PM
#14661   I noticed that,saw you've been around since at vintagesake 07/23/14 01:36:41 PM
#14660   I've been a holder for years as well Lou2x 07/23/14 01:28:08 PM
#14659   Yes sir...in the end I don't get caught vintagesake 07/23/14 01:18:28 PM
#14658   Somebody/somebodies are soaking up shares today. There Lou2x 07/23/14 01:13:33 PM
#14657   IMO don't forget about the many longs...my brother vintagesake 07/23/14 01:09:33 PM
#14656   Lol...they appear to be using up some firepower vintagesake 07/23/14 12:50:20 PM
#14655   I wonder if Hassett's hedge fund is doing marv777 07/23/14 12:46:49 PM
#14654   Form 4 b9molecule 07/23/14 12:23:14 PM
#14653   Indeed, someone just picked up nearly 100K shares fred500 07/23/14 12:06:54 PM
#14644   how does implant stop a missile? Giovanni 07/22/14 05:26:29 PM
#14642   looking forward to seeing a lot of new b9molecule 07/22/14 03:00:10 PM
#14641   LOL, don't be so fast Jake, 99% of zeynoc 07/22/14 02:57:30 PM
#14640   I shoulda known..all you have is DD and shiloh12 07/22/14 02:55:47 PM
#14639   I know you did,have had it saved on vintagesake 07/22/14 02:48:10 PM
#14638   You will enjoy this,i posted it up a shiloh12 07/22/14 02:43:41 PM
#14637   As we wait for confimation for pass.screening and vintagesake 07/22/14 02:29:20 PM
#14636   With the recent overthrows of Dictators from the shiloh12 07/22/14 01:59:37 PM
#14635   It seems to me that given the truly b9molecule 07/22/14 01:47:04 PM
#14634   the idea behind a "nonmetallic explosive" is not b9molecule 07/22/14 01:43:47 PM
#14633   does imsc have non metalic explosive tracking capabilities? hoop90 07/22/14 01:32:44 PM
#14632   http://www.foxnews.com/politics/2014/07/22/norwegian-citizen-linked-to-increased Ten4 07/22/14 12:06:36 PM
#14630   this is going up. b9molecule 07/21/14 08:28:25 PM
#14629   It's been an incredibly long frustrating hold,but that shiloh12 07/21/14 07:54:05 PM
#14628   Lol......I have heard a lot of that over buffalop51 07/21/14 07:52:02 PM
#14627   you don't really know anything about what the b9molecule 07/21/14 07:14:51 PM
#14626   Ps-they have a fairly beefy engineering staff....I can buffalop51 07/21/14 06:30:40 PM
#14625   Moreover, because 'nothing is gravy' for the small buffalop51 07/21/14 06:20:46 PM
#14624   I was being facetious in my last post buffalop51 07/21/14 05:41:02 PM
#14623   With TSA ETD late fy14 and fy15 awarded vintagesake 07/21/14 05:04:31 PM
#14622   Another 'six months to go' sounds overly optimistic buffalop51 07/21/14 04:41:03 PM
#14621   I agree. A few here are just looking shiloh12 07/21/14 04:09:49 PM
#14620   I said a year ago that 'at this buffalop51 07/21/14 03:42:01 PM
#14619   And how many instances in this crazy market vintagesake 07/21/14 03:18:54 PM
#14618   so once the QSB220 is TSA-qualified for passenger b9molecule 07/21/14 02:14:26 PM
#14617   I suspect it is very close to being irish123 07/21/14 01:59:57 PM
#14616   Report writing should be getting close to be zeynoc 07/21/14 11:41:06 AM