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American Science and Engineering

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American Science and Engineering, Inc.
Company typePublic
(Acquisition by OSI Systems pending)
Nasdaq: ASEI
IndustryInstrumentation
Founded1958
HeadquartersBillerica, Massachusetts
Revenue$126.7 million (2015)[1]
Number of employees
245[2]
Websitewww.as-e.com

American Science and Engineering Inc, (AS&E) is an American manufacturer of advanced X-ray equipment and related technologies, originating in 1958 as a developer for NASA, with an early focus on X-ray astronomy led by Riccardo Giacconi.[1] Among other developments Giacconi's team made possible the Einstein Observatory (the first full imaging X-ray telescope, launched 1978), and Giacconi's work at AS&E saw him win the 2002 Nobel Prize in Physics.[1]

Among other things, AS&E provides both transmission X-ray and backscatter X-ray equipment for airports, seaports, critical infrastructures, border crossings and other locations where security scanning is required. AS&E has also developed a mobile backscatter X-ray van (ZBV).[3][4]

In June 2016, OSI Systems offered to purchase the company for $269 million, The deal needs to be approved by regulators and shareholders, but this is expected before the end of 2016.[2]

Last year, AS&E made $64 million profit on $278 million revenue.[1]

References

  1. ^ a b c AS&E, History
  2. ^ a b Harris, David L. (2016-06-21). "California company to buy American Science and Engineering for $269M". Boston Business Journal. Retrieved 2016-06-22.
  3. ^ Forbes, 24 August 2010, Full-Body Scan Technology Deployed In Street-Roving Vans
  4. ^ Dave Lindorff, CounterPunch, 1 October 2010, Now the Government is X-Raying You While You Drive
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