Tronics announces the signature of an industrialisation contract with an innovative supplier of medical devices for wearable applications. This new milestone provides the company with additional manufacturing potential in North America
Grenoble, France and Dallas, TX, USA – 03 March, 2016 - Tronics, a designer and manufacturer of innovative nano and microsystems, has signed a new industrialisation contract with an innovative provider of wearable solutions for medical diagnostic. This collaboration will bring additional potential production revenue of $2.5M per year to Tronics in the United States, starting in 2017.
Technologies developed for healthcare applications continue to show robust growth, in response to the specific requirements of the sector. Both life expectancy and chronic diseases are increasing, encouraging more and more startups and medical device manufacturers to move to innovative MEMS-based technologies. Hence, the sensors resulting from these developments significantly improve the performance of existing products, while offering additional features.
Located in Dallas, Texas (USA), Tronics Mems Incorporated provides advanced materials, innovative technology blocks as well as manufacturing flexibility to address emerging and high volume markets. As a result, startups and traditional medical device manufacturers of the BioMEMS industry can offer cost effective sensors with a reduced footprint, tailored for promising applications such as drug research, point-of-care diagnostics, wearable health monitoring or implantable sensors.
“ This partnership strengthens the position of Tronics in Life Sciences and demonstrates our ability to meet the most demanding requirements of the sector”, said Pascal Langlois, Chief Executive Officer of Tronics. “ Our Dallas production unit continues to acquire promising programs for healthcare applications, and significantly contributes to our transition towards the manufacturing of products with high added value.”
ABOUT TRONICS
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 €7.8 Million in 2015. It now has 92 employees, of whom 55 are engineers and scientists.
ISIN code: FR0004175099 ALTRO.
« Innovative Company » certification number: A1410008 V.
For more information: www.tronicsgroup-bourse.com
TRONICS CONTACTS
Karl Biasio
Marketing Manager
Phone: 00 33 4 76 97 29 50
info@tronicsgroup.com
INVESTORS/PRESS CONTACTS
Amalia Naveira/Marie-Claude Triquet
Actus Lyon
Phone: 00 33 4 72 18 04 93
anaveira@actus.fr/mctriquet@actus.fr
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Full and original press release in PDF:
http://www.actusnews.com/documents_communiques/ACTUS-0-43321-TRONICS-030316-NEW-INDUSTRIALISATION-CONTRACT-IN-LIFE-SCIENCES.pdf
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