ANDREWS

ANDREWS JUNE UNVEILING

Firm Delivers Shock to Sensor Market

 

Waterloo, ON, May 9, 2023 – Vicky Lee, Journalist

 

                 When it comes to the sensor market, the momentum has heavily swinged in one company's favor and that company is Andrews. The story of their rebirth is akin to that of a phoenix. Just 4 years ago the company was reduced to a stock price of $1 with a market cap of $2M. At the beginning of 2023, the company eclipsed all expectations with a market cap of $148M. They show no signs of slowing down.

 

                The company announced that in June, customers will get to see revised products for Adam, Adam2, Aft, Aft2, and Agape. All launch dates hover around June 10 - June 15. They also claim that all products will meet all customer expectations, possess a level of innovation not yet seen in the industry, and ready to order. Such a thing is unprecedented. And, oh yeah, Able will follow shortly after in the month of July. 

 

                It's obvious that the firm has now turned a corner. There is a bull rush in the market that has Andrews CFO Peter Ho all smiles. When asked where he projected them to be at year's end, he quipped, "Easily above $200M." That is quite the bold claim but it stems from an earned confidence in the company. Already they have eclipsed all revenue and profit levels from the year prior and with this release, they really do show no signs of slowing down.

 

Now all we have to do is wait for it.

 

 

About Andrews

Andrews Sensors is a global leader in sensing technologies and solutions that enable industries from aerospace, automobile, electronics from, off-highway equipment and other industries to successfully compete within their respective markets. We aim to provide superior safety, performance and design in each sensor we develop. 

 

Andrews serves its global customers with a focus on regional support to provide accessible, innovative and reliable sensing solutions. Consistently growing operations to perform research & development caters to each of the top companies in each industry that purchases our sensors. With a diverse and constant expanding product portfolio, the company is continually working with customers to improve performance and reduce downtime in their operations.

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If you would like more information about this topic, please contact Andrews at (519)566-8888 or email at 65andrews@gmail.com.