Mikron Infrared Inc

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Mikron Infrared Inc - overview

Established

1969

Location

Oakland, CA-California, US

Primary Industry

Industrial Machinery

About

Mikron Infrared specializes in high-precision infrared temperature measurement solutions across various industries, providing reliable instrumentation for critical applications. Founded in 1969 and headquartered in Oakland, US, Mikron Infrared develops advanced infrared temperature measurement technologies. The company was acquired by LumaSense Technologies, Inc. in May 2007 for USD 65 mn.


The firm has developed a strong presence in industries requiring precise temperature monitoring. Mikron Infrared offers a range of infrared temperature measurement products, including non-contact thermometers and thermal imaging solutions. These instruments are utilized in sectors such as manufacturing, aerospace, and automotive, helping clients monitor processes and ensure quality control with high accuracy. Mikron Infrared generates revenue through direct sales of its temperature measurement devices to B2B clients across various industries.


Revenue is derived from both equipment sales and service contracts that may include installation, maintenance, and calibration of their infrared systems, with pricing tailored to customer specifications. Mikron Infrared plans to expand its product line with the introduction of new temperature measurement devices tailored for specific industry applications, anticipated for release in the next two years. Additionally, the company aims to penetrate emerging markets in Asia and South America by 2025, leveraging its recent funding from LumaSense Technologies to support these initiatives.


Current Investors

Lumasense Technologies, Inc.

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.mikroninfrared.com

Verticals

Clean Technology

Company Stage

Add-on

Total Amount Raised

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Mikron Infrared Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
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