Capstone Turbine Corporation

Capstone Turbine distributor says its microturbines continued to run despite recent NYC blackout

Corey Glick, President of Reliable Secure Power Systems (RSP), the exclusive distributor for Capstone Turbine Corporation (NASDAQ:CPST) tells Proactive Investors the firm's microturbines powered through the recent blackout that plunged a broad swath of Manhattan into darkness.

Glick says the units are fed by pipeline natural gas, and its technology can be configured to run grid-parallel 24/7 and also as stand-alones, even during power outages

Quick facts: Capstone Turbine Corporation

Price: $0.52

Market: NASDAQ
Market Cap: $38.24 m

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Full interview: Capstone Turbine talks through 1Q earnings and reacts to...

Capstone Turbine Corporation (NASDAQ:CPST) CEO Darren Jamison tells Proactive the microturbine company booked new gross product orders of $17.4 million in the fiscal first quarter, compared with $16.3 million in the same period in the previous year. On Friday, parts of the city of London were...

on 08/09/2019

2 min read