UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 9, 2004
BEACON POWER CORPORATION
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(Exact Name of Registrant as Specified in Charter)
DELAWARE 001-16171 04-3372365
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(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
234 BALLARDVALE STREET
WILMINGTON, MA 01887
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(Address of Principal Executive Offices) (Zip Code)
978-694-9121
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(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Section 1 - Registrant's Business and Operations
Item 1.01. Entry into a Material Definitive Agreement.
Beacon Power Corporation (the "Registrant") has been awarded
participation in two projects (the "Projects") with the New York State Energy
Research and Development Authority and with the California Energy Commission.
The Projects would involve the Registrant providing grid frequency regulation
and reactive power by utilizing the Registrant's flywheel energy storage system.
The final terms and conditions of the Projects have yet to be finalized,
however, and the Registrant's participation is subject to this finalization of
applicable contracts.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BEACON POWER CORPORATION
Date: December 14, 2004 By:________________________________
Name: F. William Capp
Title: President and Chief Executive Officer