Clearwater, Fla.-based Aerosonic Corporation, a supplier of precision flight products for commercial, business and military aircraft, on Wednesday announced that it acquired avionics maker Op Technologies. Oregon-based Op Technologies currently makes cockpit avionics for experimental aircraft, including the Pegasus Integrated Avionics System. In June, Op said it is developing an avionics system for certified aircraft. “The addition of Op Technologies’ expertise and products to our company will allow us to compete on a larger scale across a wider number of aircraft models, and this transaction creates a path for meaningful revenue growth and reduces our cost and time to market for a family of products that addresses a significant component of our strategic plan,” said Aerosonic Chairman, President and CEO David Baldini. “We believe that this transaction will establish a new platform for future growth and will allow us to better serve our present and future customers.”
Aerosonic Purchases Op Technologies
Key Takeaways:
- Aerosonic Corporation, a supplier of precision flight products, announced its acquisition of Oregon-based avionics maker Op Technologies.
- Op Technologies specializes in cockpit avionics for experimental aircraft and is developing a system for certified aircraft, expanding Aerosonic's market reach.
- The acquisition is a strategic move for Aerosonic, aimed at achieving significant revenue growth, reducing time and cost to market for new products, and competing across a wider range of aircraft models.
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