Profile: Arotech Corp (ARTX.OQ)

ARTX.OQ on NASDAQ Stock Exchange Global Market

2.28USD
30 Jan 2015
Change (% chg)

$-0.04 (-1.72%)
Prev Close
$2.32
Open
$2.28
Day's High
$2.30
Day's Low
$2.24
Volume
28,182
Avg. Vol
63,486
52-wk High
$6.61
52-wk Low
$2.03

Search Stocks

Arotech Corporation, incorporated on December 20, 1990, is a defense and security products and services company, engaged in three business areas: interactive simulation for military, law enforcement and commercial markets; and batteries and charging systems for the military. It operates through its subsidiaries, which it had organized into two divisions. Training and Simulation Division, which focuses on three different product areas: Vehicle Simulation group, which provides vehicle simulators for use in operator training under FAAC nameplate; Military Operations group, which provides weapon simulations used to train military pilots in the use of air launched weapons under FAAC nameplate; and Use-of-Force group, which provides training products focused on the proper employment of hand carried weapons under IES Interactive Training nameplate. It manufactures and sells lithium and Zinc-Air batteries for defense and security products through its Battery and Power Systems Division.

Training and Simulation Division

The Company develops, manufactures and markets multimedia and interactive digital solutions for use-of-force training and driving training of military, law enforcement, security and other personnel through its Training and Simulation Division. It provides simulators, systems engineering and software products to the United States military, government and private industry through its subsidiary FAAC Incorporated (FAAC); and also provides specialized use-of-force training for police, security personnel and the military under the trade name IES Interactive Training (IES) through FAAC.

The Company’s Vehicle Simulation group provides simulators, systems engineering and software products focused on training vehicle operators for cars and trucks to the United States military, government, municipalities and private industry through FAAC nameplate. Vehicle Simulation group focuses on the development and delivery of complete driving simulations for a wide range of vehicle types, such as trucks, automobiles, subway trains, buses, fire trucks, police cars, ambulances, airport ground vehicles and military vehicles, not including the United States Army’s virtual clearance training suite(VCTS).

Its Military Operations group develops analytical models and simulations of tactical air and land warfare systems for all branches of the Department of Defense and its related industrial contractors.  The simulations are found in systems ranging from instrumented air combat and maneuver training ranges (such as Top Gun), full task training devices such as the F-18 Weapon Tactics Trainer, and in the on-board computer of many fighter jet aircraft.

The use-of-force group provides interactive, multimedia, fully digital training simulators for law enforcement, security, military and similar applications. The Company conducts itsinteractive training activities and markets interactive training products, such as the MILO (Multiple Interactive Learning/training Objectives) System, the A2Z Classroom Trainer (a state-of-the-art Computer Based Training (CBT) system that allows students to interact with realistic interactive scenarios projected life-size in the classroom), and the Range FDU (firearm diagnostics unit), under IES Interactive Training nameplate.

Battery and Power Systems Division

The Company develops and sells rechargeable and primary lithium batteries and smart chargers to the military and to private defense industry in the Middle East, Europe and Asia under Epsilor nameplate, through its subsidiary Epsilor-Electric Fuel, Ltd. (Epsilor-EFL). It develops, manufactures and markets primary Zinc-Air batteries, rechargeable batteries and battery chargers for the military, focusing on applications that demand high energy and light weight, through its subsidiary Electric Fuel Battery Corporation. The Company also produces water-activated lifejacket lights for commercial aviation and marine applications under its Electric Fuel nameplate (EFL).

The Company competes with Firearms Training Systems, Inc., Bren-tronics Inc, Advanced Interactive Systems, Inc., LaserShot Inc., ACR Electronics Inc., Daniamant Aps, and SIC.

Company Address

Arotech Corp

1229 Oak Valley Drive
ANN ARBOR   MI   48108
P: +1800.2810356
F: +1734.7615368

Company Web Links

Search Stocks