Date: Dec 19, 2016 Author: Greg Trauthwein Source: 0 (
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Airmar Technology Corporation has acquired the assets of the former Materials Systems Inc. (MSI) group located in Littleton, MA from Channel Technologies Group (CTG). MSI was founded in 1991, sold to CTG in October 2014, and post-acquisition, will be incorporated as MSI Transducers Corp.
AIRMAR's President and CEO, Matthew Boucher, stated, "The integration of our piezoceramic transducers and sensor technology coupled with MSI's piezocomposite transducer offerings enables us to diversify our product line and significantly broaden our offerings to the commercial and defense markets. We are excited to add the MSI team to the Airmar family."
MSI's proprietary process, which involves injection molding ceramics to enable the production of high-performance composite transducers at low cost, will provide Airmar the ability to broaden its technology base. This is particularly important for applications such as imaging, hydrographic survey, acoustic communications, and defense. The benefits of the innovative technology include increased sensitivity, wide bandwidth, and high transducer efficiency. "In addition to acquiring all the assets, MSI Transducers Corp. has retained the complete management and production staff in the CTG Littleton facility. This allows MSI to continue to provide existing and future custom sonar transducers to both defense and commercial customers without any interruption. The acquisition will also provide MSI Transducers Corp. access to a number of advanced manufacturing techniques, additional design capabilities, support services, and a partner for higher volume manufacturing. Airmar will now have a subsidiary entrenched in
the defense market, as well as new capabilities and technologies to expand on," stated Dr. Brian Pazol, Vice President at MSI.