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QPC Lasers Inc. - QPC Lasers is LIDAR 4-24 LB

Profitable Faro Pushes Further into Law Enforcement

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Faro Technologies Inc. said its newest laser 3-D scanning products performed well as it closed the books on 2014 and announced a new acquisition. Yearly sales increased 17.2 percent to $341.8 million. Net income was $33.6 million, up 56.4 percent from $21.5 million in 2013. Meanwhile, the company earlier this month furthered its movement into the law enforcement market with the $7.7 million acquisition of Aras 360 Technologies Inc. of Kamloops, British Columbia, Canada. A computer reconstruction of an auto accident scene generated by software from Aras 360 Technologies,...Read full article

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    Published: February 2015
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    BusinessAmericasFloridaCanadaFaroAras TechnologiesLasersmetrologylight speed

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