Acorn Energy (ACFN) Invests $5M in US Seismic Systems

April 16, 2012 9:02 AM EDT
Acorn Energy, Inc. (Nasdaq: ACFN) has now fully funded an additional investment of $5 million in US Seismic Systems, Inc. (USSI) to accelerate the growth of USSI's business.

In addition, USSI has acquired a license from Northrop Grumman Guidance and Electronics Company, Inc. for complementary technology to its Ultra High Sensitivity (UHS) fiber optic geophones.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Mergers and Acquisitions