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Implant Sciences Corp. (IMSC)

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Last Post: 3/27/2015 8:59:22 PM - Followers: 170 - Board type: Free - Posts Today: 0


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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Current Price
Bid Ask Day's Range
IMSC News: Current Report Filing (8-k) 03/25/2015 03:49:45 PM
IMSC News: Implant Sciences to Exhibit at Passenger Terminal Expo 2015 in Paris, France on March 10 - 12, 2015 03/10/2015 07:00:00 AM
IMSC News: Implant Sciences to Move Forward with Explosives Trace Detection Bid 03/09/2015 07:00:00 AM
IMSC News: Current Report Filing (8-k) 03/04/2015 04:24:16 PM
IMSC News: Current Report Filing (8-k) 02/20/2015 01:03:35 PM
#22704  Sticky Note Couple of observations: irish123 03/26/15 11:42:10 PM
#22726   Irish-- Buzzlityr 03/27/15 08:59:22 PM
#22725   Try to keep it to one a day. ckl4d 03/27/15 05:44:43 PM
#22724   Another great post. Nowak488 03/27/15 04:29:01 PM
#22723   Not to make a big deal out of Dropinthebucket 03/27/15 04:24:09 PM
#22722   Unleash The - E, the first and last Buzzlityr 03/27/15 04:12:44 PM
#22721   Thanks mch... only wish I could make more ki2002rom 03/27/15 03:43:46 PM
#22720   great post. thanks. b9molecule 03/27/15 03:21:26 PM
#22719   “Requirement triggered by the TSA order”????…The lease has mch_777 03/27/15 03:10:04 PM
#22718   You are assuming the $1.5 million in sales irish123 03/27/15 12:24:56 PM
#22717   I fail to see how 1.5 million in Nowak488 03/27/15 11:30:40 AM
#22715   Thank you. irish123 03/27/15 10:02:20 AM
#22714   awesome! b9molecule 03/27/15 10:00:47 AM
#22713   I have always liked that list...its a mile b9molecule 03/27/15 10:00:13 AM
#22712   ISC making more money for training? ki2002rom 03/27/15 08:36:12 AM
#22711   Stickied the post, thanks again Irish. Found time ki2002rom 03/27/15 08:32:53 AM
#22710   Nevermind.. I confused this with the new tech. Nowak488 03/27/15 08:25:38 AM
#22708   This is kind of big, right? It Nowak488 03/27/15 08:10:39 AM
#22707   Lease and training QS-H150 and B220 Entendance 03/27/15 07:38:15 AM
#22706   NEW: Air Cargo Security Technology Program Entendance 03/27/15 06:19:31 AM
#22705   Wow Irish, thanks... and I receive my rebuke ki2002rom 03/26/15 11:53:36 PM
#22704   Couple of observations: irish123 03/26/15 11:42:10 PM
#22703   It's Morpho hunting season iGrassHopper 03/26/15 10:53:48 PM
#22702   That's all in the rear view mirror now.. shiloh12 03/26/15 10:09:27 PM
#22701   Nice to see discussion about shipping product instead RenoJon 03/26/15 09:50:30 PM
#22700   Where's the "Hang Dr. D. Gang"? He's now RenoJon 03/26/15 09:47:00 PM
#22699   Would it make much sense shipping small orders daudah 03/26/15 09:20:33 PM
#22698   When I talk to corporate last week they buffalop51 03/26/15 09:01:57 PM
#22697   Nice post, forward your thoughts. Many here have ki2002rom 03/26/15 08:55:52 PM
#22696   Ki- the shorts were tipped off yesterday to Buzzlityr 03/26/15 07:55:21 PM
#22695   I will confess that I used a little ki2002rom 03/26/15 05:18:30 PM
#22694   Wouldn't it be something if they hit us ki2002rom 03/26/15 05:16:01 PM
#22693   actually seems that Implant Sciences is the only b9molecule 03/26/15 03:40:52 PM
#22692   They initially said it would take about a Nowak488 03/26/15 03:11:54 PM
#22691   Ten4- sure, I agree there is competition. But Buzzlityr 03/26/15 02:41:50 PM
#22690   also updated number of offers received: 3 b9molecule 03/26/15 02:27:48 PM
#22689   images.investorshub.advfn.com/images/uploads/2015/3/26/lkvzxchart-3.jpeg[ Buzzlityr 03/26/15 02:26:08 PM
#22688   The “delivery schedule” has been revised and posted mch_777 03/26/15 02:21:10 PM
#22687   They will do it right at the end Nowak488 03/26/15 01:11:02 PM
#22686   Nowack is right buffalop51 03/26/15 12:42:57 PM
#22685   "We are seeing a significant increase in demand b9molecule 03/26/15 12:00:43 PM
#22684   agreed z b9molecule 03/26/15 12:00:00 PM
#22683   I don't think that it is true. It zeynoc 03/26/15 11:48:10 AM
#22682   They know who their potential customers are. They RenoJon 03/26/15 11:29:12 AM
#22681   On a somewhat related note, it appears that shiloh12 03/26/15 11:11:58 AM
#22680   and I do believe they needed/wanted to get b9molecule 03/26/15 10:40:57 AM
#22679   One observation: Both of the sales announced this nextgenetd 03/26/15 10:37:10 AM
#22678   Does this not happen most quarters? Nowak488 03/26/15 10:22:18 AM
#22677   It would have been more icing on the shiloh12 03/26/15 10:16:47 AM
#22676   What could the Q potentially be given the ki2002rom 03/26/15 09:58:04 AM
#22675   You may be right, but I have been HateCastro 03/26/15 09:12:30 AM