Lithium-ion battery maker A123Systems had a big third quarter. Its $380 million initial public offering exceeded expectations and got investors talking about cleantech exits again. Then it compounded that victory by winning a $249 million grant from the U.S. Department of Energy — one of the largest sums ever given to a battery company.
But neither of these events kept the never-profitable company from reporting even greater losses than it saw in 2008 this week — its first timeSource: Venture Beat RSS Feed
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