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:
Customs and immigration
Critical infrastructure protection
Ports and tunnels security
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
QS-B220 Benchtop Explosives and Narcotics Trace Detector
The 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.[...]
Anticipation of Transportation Security Administration (TSA) certification (expected - end of August 2012)
[...]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
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