Teledyne Tech Stock Price, News & Analysis

The Nippon Foundation-GEBCO Seabed 2030 Project has formed a technical cooperation agreement with the UK Hydrographic Office (UKHO) and Teledyne CARIS to enhance seafloor mapping efforts. This partnership aims to produce a comprehensive seafloor map by 2030, building on the recent GEBCO Grid update indicating 20.6% of the seabed now mapped, a 1.6% increase from last year. The collaboration will utilize AI technology from Teledyne CARIS to improve data processing efficiency. Notably, significant portions of the seabed remain unmapped, underscoring the need for continued collaboration.

Teledyne Technologies (NYSE:TDY) announces the launch of its next-generation bathymetric lidar, CZMIL SuperNova, featuring advanced processing capabilities powered by Teledyne CARIS software. This system offers unmatched depth performance and laser point density, incorporating SmartSpacing technology for efficient point distribution. Equipped for diverse environments, it enhances climate change modeling and base mapping for coastal areas. Real-time processing capacities streamline workflows, augmenting operational efficiency.

Teledyne FLIR, part of Teledyne Technologies (NYSE:TDY), has secured a $4 million contract to develop a mass-wearable chemical detector for U.S. troops under the Pentagon’s Compact Vapor Chemical Agent Detector (CVCAD) program. This innovative dual-sensor device will enhance individual protection, detecting chemical warfare agents, toxic industrial chemicals, and flammable gases. It aims to improve safety for Soldiers and Marines by providing immediate alerts on air quality and potential threats. The project spans five years, with work conducted in Pittsburgh and Oak Ridge, Tennessee.

Teledyne FLIR has launched the identiFINDER® R700 Backpack Radiation Detector, an advanced mobile system for radiological monitoring. The U.S. Department of Homeland Security has placed a $6.5 million order for the device under its Helium-3 Alternative Implementation Backpack Program, with deliveries scheduled over nine months. The R700 enhances sensitivity and speed in detecting radioactive threats, proving versatile for various operational needs. Shipments began in May, with wider availability expected in Q3-2021.

Teledyne Marine Vehicles announced that Argeo of Norway has procured two of its Gavia SeaRaptor Autonomous Underwater Vehicles (AUVs), rated for 6,000 meters. This strategic partnership aims to enhance Argeo’s fleet for deep-sea surveys in various marine industries, including offshore wind and oil & gas. The SeaRaptor AUVs are equipped with advanced sonar and data collection systems, ensuring efficient and precise underwater assessments. Teledyne's commitment to innovation is showcased in the autonomous capabilities and long endurance of these vehicles, crucial for expanding oceanic research.

Teledyne Imaging has introduced the Linea Lite series of line scan cameras, designed to enhance machine vision applications. These new cameras have a 45% smaller footprint than the original Linea and feature a proprietary CMOS image sensor. They are available in 2k and 4k resolutions with monochrome and bilinear color options. Key features include multiple regions of interest, programmable coefficient sets, and support for precision time protocol. The Linea Lite is suited for various inspections, from battery to packaging, promising a low-cost solution in a compact design.

Teledyne Technologies (NYSE: TDY) announced that Jason VanWees, Executive VP, will attend the 16th Annual Needham Virtual Technology & Media Conference on May 19. The latest investor presentation will be available on the company’s website. Teledyne is a leader in digital imaging products, software, and defense electronics, with operations in the U.S., Canada, the U.K., and Europe. The presentation contains forward-looking statements that entail risks, including COVID-19 impacts, integration challenges with FLIR, and market uncertainties.