Airmar Technology Corporation
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Airmar Technology Corporation - overview
Established
1982
Location
-, NH-New Hampshire, US
Primary Industry
Electronics
About
Airmar Technology Corporation is a leader in marine technology solutions, specializing in high-performance ultrasonic transducers and innovative sonar technology to enhance fishing and marine navigation. Founded in 1982 in Milford, US, Airmar Technology Corporation designs advanced marine technology solutions. The company has remained focused on developing cutting-edge ultrasonic transducers and CHIRP sonar technology. The current CEO is Steve Boucher.
Airmar has engaged in collaborations with partners in the fishing industry to enhance its product offerings. Airmar Technology Corporation specializes in developing advanced marine technology solutions, primarily focusing on high-performance ultrasonic transducers and CHIRP sonar technology. Their flagship product, the Scotty Seeker™ probe system, enables real-time reporting of depth, speed, and temperature from various depths in the water column. This system allows fishermen to access critical data via the Seeker™ App on compatible devices such as Garmin and Lowrance.
Airmar's product offerings serve a diverse customer base, from recreational fishermen to commercial and scientific users, and are utilized in multiple geographical markets, including North America, Europe, and Asia. These products are designed for demanding environments, supporting stationary and mobile platforms in various applications, including scientific data collection and industrial flow monitoring. Airmar Technology Corporation generates revenue through a combination of direct-to-consumer sales and partnerships with retailers and wholesalers in the marine equipment industry. The company's products, including the Scotty Seeker™ system and various ultrasonic transducers, are marketed through established retail channels, ensuring availability to both individual consumers and commercial operators.
Revenue transactions typically occur at the point of sale, where customers purchase equipment directly or through authorized dealers. Airmar's warranty extension to three years for its products enhances customer confidence, potentially leading to increased sales volume. The company's robust distribution strategy positions it effectively within the marine technology market, facilitating ongoing engagement with end users and ensuring the continued growth of its revenue streams.
Primary Industry
Electronics
Sub Industries
Electronic Components
Website
www.airmar.com
Total Amount Raised
Subscriber access only
Airmar Technology Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Marport Deep Sea Technologies, Inc. | - |
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Airmar Technology Corporation - employee data


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