BOS Better Online Solutions Ltd
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Based in Israel
Company profile

B.O.S. Better Online Solutions Ltd. (BOS) is a provider of automatic identification and data capture (AIDC) mobility solutions. The Company distributes electronic components for the civil aircraft industry, defense industry and high technology equipment manufacturers. The Company operates through two segments: the RFID and Mobile Solutions and the Supply Chain Solutions. The Company's RFID and Mobile Solutions division offers integration of solutions, as well as stand-alone products, including radio frequency identification (RFID) and AIDC hardware and communications equipment, and industry-specific software applications. The Company's Supply Chain Solutions division provides electronic components, telecommunications equipment and components consolidation services to the aerospace, defense, medical and telecommunications industries, and enterprise customers around the world. The Company serves the avionics, defense, retail, manufacturers, government and livestock markets.

Closing Price
Day's Change
-0.04 (-1.63%)
B/A Size
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(Heavy Day)

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Plug Power stock jumps 30% after $1.5 billion investment from South Korea

1:21 pm ET January 7, 2021 (MarketWatch)

Shares of Plug Power Inc. (PLUG) rallied 30% Thursday, a day after Plug Power announced a $1.5 billion investment from a South Korean company and the intention to form a joint venture with that company by next year. Plug Power on Wednesday said that it had partnered with SK Group "to accelerate hydrogen as an alternative energy source in Asian markets." The goal is to provide hydrogen fuel cell systems, hydrogen fueling stations and electrolyzers to the Korean and other Asian markets, with SK Group agreeing to make a $1.5 billion investment in Plug Power. The deal is expected to close in the first quarter. The companies also plan to form a joint venture by 2022. "The opportunity to partner with SK presents an attractive and timely opportunity to establish a foothold in (the Korean) market with one of South Korea's leading industrial conglomerates," Plug Power said. Shares of Plug Power, which mostly makes hydrogen fuel-cell packs to power warehousing equipment such as forklifts, and other products such as backup fuel-cell stationary power, have gained 1,090% in the past 12 months, compared with gains around 18% for the S&P 500 index .

-Claudia Assis; 415-439-6400;


(END) Dow Jones Newswires

January 07, 2021 13:21 ET (18:21 GMT)

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