About Environmental Tectonics

Environmental Tectonics Corporation supplies software driven products and services. Segments The company operates through two segments, Aerospace Solutions (Aerospace) and Commercial/Industrial Systems (CIS). Aerospace This segment includes the design, manufacture, and sale of software driven products and services used to create and monitor the physiological effects of flight, including high performance jet tactical flight simulation, upset recovery and spatial disorientation, and both suborbital and orbital commercial human spaceflight, collectively, aircrew training systems (ATS) products; altitude (hypobaric) chambers; hyperbaric chambers for multiple persons (multiplace chambers); and advanced disaster management simulators (ADMS), as well as integrated logistics support (ILS) for customers who purchase these products or similar products manufactured by other parties. Sales of this segment’s products are made principally to the U.S. and foreign government agencies and to civil aviation organizations. Specific products within this segment include advanced tactical flight simulator (ATFS) motion platforms, such as ATFS-400-31 high performance human centrifuge and ATFS-400-25 high performance human centrifuge; cockpit modules; turnkey aeromedical centers; GYROLAB GL-6000 KRAKEN advanced spatial disorientation training and research device; GYROLAB GL-4000; GYROLAB GL-2500; GYROLAB GL-2000; GYROLAB GL-1500; GYRO integrated physiological trainer, generation 3, extended field of view (GYRO IPT-III EFOV); GYRO IPT-II; GyroFlight; HeloFlight; GAT-II fixed-wing general aviation trainer; GAT-II Helo; G-LAB motion platform; integrated avionics maintenance trainer; FALCON Altitude (Hypobaric) chambers; multiplace hyperbaric chambers; vestibular illusion demonstrator; ejection seat simulator; parachute descent and landing simulator; pilot selection system; water survival training equipment; night vision training system; night vision goggle training system; interactive motion based simulation and virtual reality equipment designed for the education/entertainment industry; and the company’s ADMS line of products (primarily AIRBASE, COMMAND, CONTROL, DRIVE, FIRE, and the aircraft rescue and firefighting (ARFF) vehicle simulator). Specific services within this segment include tactical flight training; high-G training; hypoxia training; situational awareness and spatial disorientation training; suborbital and orbital commercial human spaceflight training; upset prevention and recovery training; crew resource management training; aeromedical training; advanced pilot training; basic pilot training; pilot selection; emergency response training; and integrated logistics support. CIS This segment includes the design, manufacture, and sale of steam and gas (ethylene oxide) sterilizers; environmental testing and simulation devices; hyperbaric (100% oxygen) chambers for one person (monoplace chambers); and parts and service support. Subsidiaries The company has two operating subsidiaries. ETC-PZL Aerospace Industries Sp. z o.o., the company’s 95%-owned subsidiary in Warsaw, Poland, manufactures certain simulators and provides software to support products manufactured domestically within the company’s Aerospace segment. Environmental Tectonics Corporation (Europe) Limited, the company’s 99%-owned subsidiary, which it is winding down, functioned as a sales office in the United Kingdom. In certain countries outside the United States, the company has relationships with independent sales representatives and distributors. The company sells integrated products and training services. In the Aerospace segment, the company offers integrated ATS products to commercial, governmental, and military defense agencies; and training devices, including altitude (hypobaric) and multiplace chambers (chambers), to governmental and military defense agencies and civil aviation organizations both in the United States and internationally. The company sells its ADMS line of products to governmental organizations both in the United States and internationally, original equipment manufacturers in the global special fire truck market (including ARFF vehicles), fire and emergency training schools, universities, and airports. The company also provides ILS for customers who purchase these products or similar products manufactured by other parties. In the CIS segment, the company sells its sterilizers to medical device and pharmaceutical manufacturers. The company sells its environmental testing and simulation devices primarily to commercial automotive and heating, ventilation, and air conditioning (HVAC) manufacturers. The company sells its hyperbaric products (primarily ‘monoplace’ chambers) to hospitals and wound care clinics. The company also provides upgrade, maintenance, and repair services for its products and similar products manufactured by other parties. Research and Development Expenses The company’s research and development expenses included totaled $1.6 million for the year ended February 24, 2017. History Environmental Tectonics Corporation was founded in 1969. The company was incorporated in 1969 in Pennsylvania.

Country
Industry:
Aircraft Parts and Auxiliary Equipment, Not Elsewhere Classified
Founded:
1969
IPO Date:
12/14/1972
ISIN Number:
I_US2940921016
Address:
125 James Way, Southampton, Pennsylvania, 18966, United States
Phone Number
215 355 9100

Key Executives

CEO:
Laurent, Robert
CFO
Kennedy, Timothy
COO:
Loughlin, Thomas