Aura Systems signed contract to produce auto components.Aura aura: see spiritism. Aura goddess of breezes. [Gk. Myth.: Kravitz, 42] See : Wind Systems signed contract to produce auto components EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and -- Aura Systems Inc. last week announced it signed a contract with one of Detroit's Big Three car manufacturers to produce electro-magnetic actuators for the automaker's vehicles. The car company's name was not disclosed. The deal would be worth about $34 million to the El Segundo company, which reported revenues of $9 million last year. Pre-production and testing is set to start immediately, followed by initial production of about 1.7 million units starting in summer 1991, the company said. The devices isolate isolate /iso·late/ (i´sah-lat) 1. to separate from others. 2. a group of individuals prevented by geographic, genetic, ecologic, social, or artificial barriers from interbreeding with others of their kind. vibration and can be used to quiet such mechanisms as clutch assemblies, door locks and engines, an Aura Systems spokesman said. Aura Systems produces magnetic technology, electro-optic projection systems and advanced computing computing - computer systems. |
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