TRONICS : APPOINTMENT OF THALES AVIONICS SAS AS NEW MEMBER OF THE SUPERVISORY BOARD OF TRONICS
Grenoble, France - May 19, 2015 - Tronics, a designer and manufacturer of innovative nano and microsystems, has appointed the company Thales Avionics SAS as a new member of the Supervisory Board, represented by Marc Duval-Destin, Vice-President of the Navigation Competence Center at Thales Avionics.
Mr. Duval-Destin is a graduate of the Ecole Polytechnique and holds a PhD in Theoretical Physics. He started his career at the French Defense Procurement Agency (DGA), where he was responsible for the Leclerc Main Battle Tank Program from 1996.
In 2001, he managed the Automotive Telematics Project of PSA Peugeot Citroën and led the group's work in Intelligent Transport Systems (ITS). With recognized experience in the Automotive and R&T sector (electronics, motorization, structure, etc.), he was promoted in 2009 to the position of PSA's Director of Research & Advanced Engineering.
After 11 years at PSA Peugeot Citroën, Mr. Duval-Destin joined Thales, the manufacturer of specialized electronics for aerospace, defense and information technologies. He is Vice President of the Navigation Competence Center at Thales Avionics and Head of the Valence site (France), and his teams are in charge of developing the inertial, GNSS and air data product lines.
“We are pleased to welcome Marc to our Supervisory Board” declared Pascal Langlois, Chief Executive Officer of Tronics. “He will bring us all the expertise he acquired in the automotive sector and since then at Thales Avionics.”
Michel de Lempdes, Chairman of the Board, added: “Marc will undoubtedly be listened to attentively by the members of the Board, due to his professional career, which has put him at the heart of the business and technology innovation world.”
Founded in 1997, Tronics is a recognized technological leader in the sector of nano & microsystems with high added value.
Positioned at the heart of product innovation, Tronics has technology platforms protected by a portfolio of 25 families of patents, resulting from 15 years of R&D and more than €15 million of cumulative industrial investments.
Addressing high-growth markets relying on increasing miniaturization of electronic devices, Tronics designs, manufactures and sells custom or standard products to the industry, aeronautics & security, medical and consumer markets.
Located in Crolles, near Grenoble (France) and in Dallas, Texas (United States), Tronics posted revenue of €11.6 million in 2014. It now has 88 employees, of whom 55 are engineers and scientists.
ISIN code : FR0004175099 ALTRO.
For more information: www.tronicsgroup-bourse.com
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