Simrad Optronics
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| Simrad Optronics ASA | |
|---|---|
| Type | Public |
| Founded | 1980 |
| Headquarters | Oslo, Norway |
| Area served | Global |
| Key people | Jon Asbjørn Bø CEO Ove Gusevik, Chairman |
| Industry | Military industry |
| Revenue | NOK 226 million (2006) |
| Employees | 133 (2006) |
| Subsidiaries | Vinghøg AS Vingtech Corp |
| Website | www.simrad-optronics.com |
Simrad Optronics ASA[1](OSE: SIT), is the holding company of Simrad Optronics Group located in Oslo, Norway. Simrad Optronics Group is a global niche supplier to the defence industry, with production facilities in Norway and USA. Daughter companies include Vinghøg AS at Nøtterøy, Norway and Vingtech Corporation in Maine, USA.
The company supplies products in four main product areas:
Remote Weapon Systems
CCD cameras, weapon integration, firing solenoids and lasers for Remote Weapon Systems. In cooperation with Kongsberg Gruppen
Electro-optics
Advanced optoelectronics observation, laser and sight systems for various applications, including night vision.
Weapon Improvement Products
Integration of a wide range of small - and medium caliber guns to vehicle and ground mounted system
Vehicle Systems
High-end observation and target acquisition systems for light and heavy military vehicles
There are today three companies using the Simrad brand:
Simrad Optronics ASA, listed on the Oslo Stock Exchange, approximately 60% free float.
Kongsberg Simrad now part of Kongsberg Maritime a division of Kongsberg Gruppen, making commercial maritime applications.
Simrad Yachting, now part of Navico Group, making consumer maritime applications.
The reason for three different companies with different owners using the same brand name is the common history, as the name comes from the original SIMRAD company founded in Oslo, Norway in 1947, by Mr. Willy Simonsen, making marine VHF radios and sonar application for the commercial fishery fleet. The name was an abbreviation of Simonsen Radio.
