American Science and Engineering
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Company type | Subsidiary of OSI Systems |
---|---|
Nasdaq: ASEI | |
Industry | Instrumentation |
Founded | 1958 |
Headquarters | Billerica, Massachusetts |
Revenue | $126.7 million (2015)[1] |
Number of employees | 245[2] |
Website | www.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, After approval by regulators and shareholders, the deal competed before the end of 2016.[2]
In the 12 months ending March 31, AS&E made $64 million profit on $278 million revenue.[1]
References
- ^ a b c AS&E, History
- ^ 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.
- ^ Forbes, 24 August 2010, Full-Body Scan Technology Deployed In Street-Roving Vans
- ^ Dave Lindorff, CounterPunch, 1 October 2010, Now the Government is X-Raying You While You Drive
External links
- X-ray equipment manufacturers
- Manufacturing companies based in Massachusetts
- Companies based in Billerica, Massachusetts
- American companies established in 1958
- Manufacturing companies established in 1958
- 1958 establishments in Massachusetts
- Companies formerly listed on NASDAQ
- 2016 acquisitions
- United States manufacturing company stubs