mPower Technology’s DragonSCALES Solar Cells to Launch on Sparkwing In-Orbit Demonstrator with Momentus’ Vigoride Transfer Vehicle

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ALBUQUERQUE, N.M., Oct. 14, 2020 /PRNewswire/ — Innovative solar technology company, mPower Technology, today announced that its DragonSCALES™ solar cell prototype has completed integration and testing on a Sparkwing in-orbit solar array technology demonstrator in preparation for inclusion on Momentus’ Vigoride transfer vehicle launch taking place in the fourth quarter of 2020.

DragonSCALES was developed to provide a low-cost, voltage-adjustable, high packing factor and lightweight solar power module that streamlines panel assembly and is designed for the needs of commercial LEO (low earth orbit) satellite constellations.

The Sparkwing team has introduced a groundbreaking new approach towards low cost, fast-delivery solar arrays for smallsats by offering a catalogue approach for standardized solar array models, similar to the automotive industry. The team is interested in mPower’s solar cell technology because of its potential to offer a unique combination of cost and performance benefits for next-gen solar arrays.

DragonSCALES enable disruptive, new approaches to solar applications by leveraging small, advanced silicon cells integrated on a flexible substrate in a patented, highly interconnected architecture. They provide unprecedented improvements in system cost, weight, flexibility, resilience, and ease of installation and system integration.

For emerging satellite missions, primes are continuously searching for alternative photovoltaic assembly (PVA) solutions that bring more power at lower price points and shorter delivery schedules. Silicon-based DragonSCALES solutions provide a viable, tested alternative for space power applications with advanced architecture, unparalleled performance, streamlined production and lower cost per watt.

“mPower is disrupting the space power market with its alternative approach to solar power,” said Kevin Hell, president and CEO of mPower Technology. “The Sparkwing team needs a resilient, flexible, cost-effective solar solution for their innovative smallsat solar array product, and DragonSCALES is the perfect fit given its ease of integration and unique ability to meet customized mission requirements.”

“We are very

How Is Microchip Technology’s (NASDAQ:MCHP) CEO Paid Relative To Peers?

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Steve Sanghi became the CEO of Microchip Technology Incorporated (NASDAQ:MCHP) in 1991, and we think it’s a good time to look at the executive’s compensation against the backdrop of overall company performance. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.

Check out our latest analysis for Microchip Technology

How Does Total Compensation For Steve Sanghi Compare With Other Companies In The Industry?

According to our data, Microchip Technology Incorporated has a market capitalization of US$29b, and paid its CEO total annual compensation worth US$6.9m over the year to March 2020. That’s a notable decrease of 46% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$811k.

For comparison, other companies in the industry with market capitalizations above US$8.0b, reported a median total CEO compensation of US$11m. This suggests that Steve Sanghi is paid below the industry median. Moreover, Steve Sanghi also holds US$561m worth of Microchip Technology stock directly under their own name, which reveals to us that they have a significant personal stake in the company.

Component

2020

2019

Proportion (2020)

Salary

US$811k

US$750k

12%

Other

US$6.1m

US$12m

88%

Total Compensation

US$6.9m

US$13m

100%

On an industry level, roughly 15% of total compensation represents salary and 85% is other remuneration. Microchip Technology pays a modest slice of remuneration through salary, as compared to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

ceo-compensation
ceo-compensation

A Look at Microchip Technology Incorporated’s Growth Numbers

Over the past three years, Microchip Technology Incorporated has seen its earnings per share (EPS) grow by 9.4% per year. Its revenue is down 3.6% over the previous year.

We

Aptos Solar Technology’s DNA Modules Pass Extended Reliability Testing

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Aptos Solar Technology, a supplier of high-performance solar modules, announces a successful completion of accelerated environmental tests performed by Renewable Energy Testing Center (RETC). The data revealed from testing confirms the reliability of Aptos Solar Technology’s DNATM modules for extreme weather conditions over an extended period of time.

As a leader in defining quality standards for renewable energy products, RETC provides a rigorous series of tests to ensure the durability of solar modules. Achieving recognition by RETC, in addition to holding standard UL & IEC certifications, makes the DNATM module by Aptos Solar Technology a competitive choice for those seeking durability in module performance.

“A high-quality PV module not only demonstrates high performance at standard test conditions but also performs well in real-world conditions over its intended service life. Aptos has shown a continued commitment to module quality and performance by diligently testing their products and ensuring their bill of materials are proven to be durable,” said Cherif Kedir, President & CEO of RETC.

The DNATM product line surpasses base standards for solar modules by 3x the amount recommended by the International Electromechanical Commission (IEC). This means that the number of hours or cycles required by the IEC in each test category was tripled and the DNATM series was able to perform below the degradation base line set by the IEC.

“As a U.S.-based company, we take great pride in supplying our customers with quality products built tough enough to perform exceptionally in harsh weather conditions. These results are a testament to the American innovation and engineering that our team brings to the market,” said Frank Pham, CEO & Co-founder of Aptos Solar Technology.

Aptos Solar Technology is a recipient of the “Golden Standard” for Dynamic Mechanical Load testing. This test characterizes the performance and electrical

iCatch Technology’s new ePTZ image processing solution meets needs of remote vision communication during coronavirus epidemic

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iCatch Technology’s new ePTZ image processing solution meets needs of remote vision communication during coronavirus epidemic

Press release

The global coronavirus (COVID-19) pandemic has changed the human-to-human interaction models completely. Many industrial and economic activities have also changed to new norms. As a result, remote video communication has become the most noticed topic recently. The demand of network cameras has also increased for the applications in work from home, distance meetings, or remote lecturing. With the rise of the 5G era and the proliferated development of artificial intelligence applications, the new AI ePTZ image processing solution from iCatch Technology can add intelligent person tracking function to the web-based camera, which improves the performance and efficiency of distance working.

Follow the growth trend of network camera, iCatch Technology’s new AI ePTZ camera solution not only can capture 4K ultra high-definition video images with ultra-wide-angle support, but also enables the “Video Auto Frame” function through the advanced NPU edge computing capability. It can detect portraits of conference speakers, lecturers on stage, or white board materials to activate zoom, pan-and-tilt and focus functions, and can quickly detect all persons in the scene. The 4X digital zoom function can enlarge the interested area of the image to twice the length and width of the normal size and keep high-quality video at the same time. This ePTZ camera solution also has dual microphone input to support the “Audio Frame” and “Audio Tracking” functions which can lock-on and track the speaker automatically.

The ePTZ camera with iCatch Technology’s AI imaging solution is compact in size and easy-to-use. It can be applied widely in classroom recording, remote teaching, staff training, video conferencing, and so on. The ePTZ camera solution also supports HDMI, IP network, and USB-C connections. It can be installed easily through

Seagate Technology’s Cash Flow Increases The Safety Of Its Dividend Yield

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Nine new stocks make the Safest Dividend Yields Model Portfolio this month, which was made available to members on September 23, 2020.

Recap from August’s Picks

On a price return basis, the Safest Dividend Yields Model Portfolio (-2.5%) outperformed the S&P 500 (-3.3%) by 0.8% from August 20, 2020 through September 21, 2020. On a total return basis, the Model Portfolio (-2.1%) outperformed the S&P 500 (-2.9%) by 0.8% over the same time. The best performing large cap stock was up 11% and the best performing small cap stock was up 6%. Overall, 12 out of the 20 Safest Dividend Yield stocks outperformed their respective benchmarks (S&P 500 and Russell 2000) from August 20, 2020 through September 21, 2020.

Only my firm’s research utilizes the superior data and earnings adjustments featured by the HBS & MIT Sloan paper, “Core Earnings: New Data and Evidence.” This Model Portfolio leverages my firm’s Robo-Analyst technology[1], which scales forensic accounting expertise (featured in Barron’s) across thousands of stocks.[2]

This Model Portfolio only includes stocks that earn an attractive or very attractive rating, have positive free cash flow and economic earnings, and offer a dividend yield greater than 3%. Companies with strong free cash flow provide higher quality and safer dividend yields because I know they have the cash to support the dividend. I think this portfolio provides a uniquely well-screened group of stocks that can help clients outperform.

Featured Stock for September: Seagate Technology, PLC

Seagate Technology (STX), is the featured stock in September’s Safest Dividend Yields Model Portfolio.

I made Seagate a Long Idea in September 2010 and closed out the position in August 2015. The stock outperformed the S&P 500 (up 361% vs. S&P up 86%) over that time. Once again, STX