Ultralife Corp. plans to showcase new energy storage and communication systems at the Special Operations Forces Industry Conference in Tampa, Fla., next week.
The Newark, Wayne County, firm is introducing products company leaders said are important to its growth. The products are geared toward the global defense and commercial markets.
“Based on our direct engagement with key customers and our extensive knowledge of power and communications requirements, all of these products are directly relevant to customer requirements, cost-effective and improvements to existing operational capability," said Michael Popielec, president and CEO, in a statement.
On May 3, Ultralife posted a first-quarter net loss, due in part to continued softness in its battery and energy products business.
The company reported a net loss from continuing operations of $1.4 million, or 8 cents a share, compared with a net loss of $3.9 million, or 22 cents a share, a year ago. Net loss from discontinued operations was $100,000, or a penny a share, compared with a net loss of $1.9 million, or 11 cents a share.
Revenue was $27.5 million, down 1 percent from $27.9 million in the first quarter 2011.
Ultralife has 473 local workers.
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