ACT Exits First Fiscal Year With Success

January 20, 2004, Lancaster, Pennsylvania – Advanced Cooling Technologies, Inc. (ACT) completed its first year of operation on December 31, 2003. The first fiscal year started on January 23, 2003 when ACT was formed.

Some highlights in ACT’s first year include:

  • ACT was incorporated in January 2003.
  • Reached a Teaming Agreement with Thermacore International, Inc. in March 2003.
  • Moved into a 3,000ft2 facility in Burle Business Park in May 2003.
  • Delivered the first copper/water heat pipes to commercial customer in August 2003.
  • Delivered the first Inconel/sodium heat pipe furnace liner to commercial customer in September 2003.
  • Submitted the first U.S. patent application in October 2003.
  • Awarded a NASA prime contract and four SBIR Phase I contracts.
  • Expanded into a 4,200ft2 facility in Burle Business Park in December 2003.

Currently, ACT serves customers in diverse sectors including the government, military, aerospace, medical equipment, chemical and electronics sectors. ACT’s customers range from Fortune 500 corporations and medium/small businesses to government R&D organizations. The geographical locations of our customers include the U.S., Canada, Egypt, Hong Kong, Israel, Japan, and the U.K.

We look forward to continuing the productive relationships with our existing customers and developing new customer relationships in the new year.

ACT is a high technology small business specializing in heat transfer technologies. Founded in January 2003 and headquartered in Lancaster, Pennsylvania, ACT’s mission is to develop innovative thermal technologies and provide technology based thermal products to customers in electronics, energy systems, aerospace, military and government sectors.

ACT’s two main business areas are Technology Development and Engineering Services & Products. The Technology Development business undertakes both externally and internally sponsored research and development activities. The Engineering Services & Products business designs and fabricates thermal devices and systems that satisfy customers’ specific thermal and mechanical requirements.

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