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Sensotron Inc

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BUSINESS
July 5, 1993
Sensotron Inc. said Friday that it has signed a contract worth $8 million to $10 million over the next 10 years to supply a part for the Army's UH-1 Huey and Comanche helicopters. The agreement is with Allison Gas Turbine, a division of General Motors Corp., which is building the T-800 gas turbine engine. Sensotron, with annual revenue of about $3 million, makes silicon-on-sapphire transducers, which are designed to sense, signal and regulate minute changes in pressure in the engine.
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BUSINESS
July 5, 1993
Sensotron Inc. said Friday that it has signed a contract worth $8 million to $10 million over the next 10 years to supply a part for the Army's UH-1 Huey and Comanche helicopters. The agreement is with Allison Gas Turbine, a division of General Motors Corp., which is building the T-800 gas turbine engine. Sensotron, with annual revenue of about $3 million, makes silicon-on-sapphire transducers, which are designed to sense, signal and regulate minute changes in pressure in the engine.
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BUSINESS
October 4, 1995
Sensotron Inc., a troubled manufacturer of high-performance transducers, said it has signed a letter of intent to issue 20 million shares of common stock, nearly doubling the number of shares outstanding, to a private investor who has agreed to invest $5 million. Sensotron, which has posted steep losses in recent years, will use the cash to start mass production of a new device that measures the chemical composition of manufacturing materials such as plastics.
CALIFORNIA | LOCAL
August 6, 1994 | MIMI KO
Seven residents have been appointed to serve on the newly created Financial Advisory Committee. The committee will begin meeting twice a month to review the city's financial condition and make recommendations on how to balance the 1995-96 and 1996-97 budgets, which are expected to face $2.1 million and $3.6 million deficits, respectively. Committee members are: * Arnold Miller, president of Technology Strategy Corp.
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