State-of-the-Art Sensors-Patents & IP
Cash Flow: | $353,000 |
FF&E: | $319,500 |
Gross Revenue: | $2,440,346 |
Established Year: | 2000 |
The Company operates as a contract research and development enterprise with a strong emphasis on the innovation of novel sensors, sensor suites, sensor subsystems, sensor data-loggers, and wireless sensor networks. These products are tailored for various sectors, including government, industrial applications, the energy industry, utilities, and original equipment manufacturers (OEMs). Importantly, the Company’s advancements in sensor technology are protected by an array of existing patents, ensuring that its intellectual property (IP) is secure and leveraged in all marketing and operational strategies.
Housed in a strategically located 7,800 square foot facility—leased from an entity partially owned by the Owner—the Company has cultivated a robust presence in the marketplace over its 24 years of uninterrupted business. This extensive backdrop not only enhances the credibility of the Company but also strengthens its IP portfolio, which is a key asset in bolstering market competitiveness.
The Company’s marketing efforts are carefully crafted to focus on securing various projects across the United States, utilizing its patented technologies to create unique value propositions for clients. From fiscal year 2022 to 2023, the Company has witnessed a revenue growth rate of approximately 12%, driven significantly by its strong reputation and the establishment of long-term contracts that yield recurring revenue streams.
In the trailing 12-month period from July 1, 2023, to June 30, 2024, the Company recorded total revenues of $2,440,346, alongside Seller’s Discretionary Earnings (SDE) approximating $353,000. Looking forward, the Company is forecasting a total revenue of $2,250,000 for the fiscal year ending December 31, 2024. By capitalizing on a substantial existing customer base and maintaining rigorous standards of excellence, the Company consistently attracts new clientele while fortifying relationships with current customers, all while navigating the complexities of IP rights and patent protections that underpin its innovation strategy.