The Boeing Company (NYSE: BA) has signed a collaboration agreement with biofuel producer Hawaii BioEnergy LLC, an international consortium leading the alternative fuels race in Hawaii, to develop clean, renewable fuels for aviation.
In his State of the Union address, President Obama called for “winning the future” by innovating world-beating clean energy technologies.
Here are three U.S. companies that are already winners by the President’s definition -- and are also enriching their shareholders: Polypore International, Inc. (NYSE: PPO) (market cap $2.41 billion) up 32.75 percent year to date, up 322 percent in 12 months; Hexcel Corporation (NYSE: HXL) (market cap $2 billion) up 13.8 percent year to date, up 89.4 percent in 12 months; Amtech Systems, Inc. (NASDAQ: ASYS) ($239 million) up one percent year to date, up 187 percent in 12 months.
Solar cell manufacturers are consistently leap-frogging one another in production of the most efficient solar cell.
Boeing Co. (BA) recently signed an US$89 million contract with the United States Defense Advanced Research Projects Agency (DARPA) to develop and fly a high-altitude unmanned aircraft (UAV) for the Vulture II demonstration program. The solar-powered aircraft, SolarEagle, is a full-scale demonstrator designed to stay continuously aloft for five years at high altitudes.