Welcome to our dedicated page for Teledyne Technologies Incorporated news (Ticker: TDY), a resource for investors and traders seeking the latest updates and insights on Teledyne Technologies Incorporated stock.
Teledyne Technologies Incorporated (symbol: TDY) is a leading provider of sophisticated electronic components, instruments, and communications products. The company excels in various domains including defense electronics, data acquisition, communications equipment for airlines and business aircraft, monitoring and control instruments for industrial and environmental applications, as well as components and subsystems for wireless and satellite communications.
The Teledyne Solution: Teledyne has solutions to meet diverse challenges. Their segments bring decades of expertise, working together to develop leading-edge technologies. They serve niche markets where performance, precision, and reliability are vital, with customers including major industrial and communications companies, government agencies, aerospace prime contractors, and general aviation companies.
Business Segments:
- Instrumentation: Provides monitoring instruments primarily for marine and environmental applications.
- Digital Imaging: The largest revenue contributor, includes image sensors and cameras for industrial, government, and medical customers.
- Aerospace and Defense Electronics: Supplies electronic components and communication products for aircraft.
- Engineered Systems: Offers solutions for defense, space, environmental, and energy applications.
Teledyne Technologies generates approximately a fourth of its revenue from contracts with the United States government. Recent achievements include expanding their product offerings and securing significant contracts in various sectors. The company's strategic partnerships and continuous innovation have solidified its position as a prominent player in the technology and defense industries.
Teledyne CARIS has partnered with Teledyne Marine to enhance marine survey operations with the launch of CARIS Collect, a new software for data acquisition. Released on March 16, 2021, this software integrates seamlessly with the Onboard360 system, automating data logging and processing for real-time quality monitoring. Designed for ease of use across various sonar and lidar systems, CARIS Collect minimizes implementation efforts. It is available as a perpetual or SaaS license, marking it as a cost-effective solution for hydrographic surveys.
Teledyne Controls, a subsidiary of Teledyne Technologies (NYSE:TDY), has received FAA Supplemental Type Certification for its Aircraft Cabin Environment Sensor (ACES™) for Boeing 737 aircraft. This autonomous system monitors cabin air quality, marking it as the first FAA-certified product of its kind. The ACES system utilizes multiple sensors to track 13 environmental parameters, ensuring passenger safety. These records are transmitted to the ACES Cloud Service for analysis, allowing airlines to troubleshoot issues efficiently. Certification for additional aircraft types is underway.
Teledyne Imaging, a segment of Teledyne Technologies (TDY), has launched the new COSMOS™ large-format, back side illuminated (BSI) CMOS cameras aimed at enhancing ground-based astronomical imaging. The cameras leverage proprietary LACera™ sensor technology, offering features such as global shutter, 18-bit readout, and low noise. Available in sensor sizes of 3k x 3k, 6k x 6k, and 8k x 8k, COSMOS achieves over 90% peak quantum efficiency and supports more than 50 fps for dynamic events. This innovation caters to researchers in various astronomical domains, facilitating advanced scientific discoveries.
Teledyne Technologies (NYSE: TDY) announced key financing milestones for its pending acquisition of FLIR Systems (NASDAQ: FLIR). The company priced a $3.0 billion note offering, with various maturities ranging from 2023 to 2031. Additionally, Teledyne secured a $1 billion Term Loan Credit Agreement. Proceeds will fund the cash portion of the FLIR acquisition and refinance existing debt. After clearing the HSR antitrust review on March 1, 2021, the transaction is subject to regulatory approvals and expected to close mid-2021.
Teledyne Technologies (NYSE:TDY) announces virtual investor meetings at key conferences in March 2021. Jason VanWees, Executive VP, will attend the Berenberg Industrial Technologies Conference and the BofA Global Research Global Industrials Conference. Teledyne is also seeking stockholder approval for a proposed acquisition of FLIR. Relevant documents and presentations about the acquisition will be filed with the SEC and are available for stakeholders. The company emphasizes that forward-looking statements regarding the merger may involve risks and uncertainties that could affect outcomes.
Teledyne LeCroy, a unit of Teledyne Technologies (NYSE: TDY), has launched the CrossSync™ PHY interposers and software, enabling integration between oscilloscopes and protocol analyzers for testing PCI Express (PCIe) interfaces. This solution addresses engineers' challenges in correlating protocol messages and electrical performance. By utilizing a single system, it enhances reliability and testing accuracy, streamlining the debugging process for complex PCIe applications. Industry experts affirm that this technology will significantly reduce debugging time and improve performance.
Teledyne Technologies (TDY) plays a vital role in the Mars 2020 mission by supplying advanced image sensors and a power system for the Perseverance rover. Key contributions include CCD sensors for the SuperCam and SHERLOC instruments, which analyze the Martian environment and search for signs of past microbial life. Additionally, Teledyne Energy Systems provided the Multi-Mission Radioisotope Thermoelectric Generator (MMRTG) that powers the rover. This mission aims to gather crucial data for future human exploration of Mars and advance technologies for sustainable living on the planet.
Teledyne SP Devices, a division of Teledyne Technologies (NYSE: TDY), launched the ADQ32, a fourth-generation modular data acquisition board designed for high-throughput applications. It features a dual-channel 12-bit digitizer capable of 2.5 GS/s synchronous sampling, and an open Xilinx Kintex Ultrascale KU040 FPGA, optimizing it for OEM integration in fields like SS-OCT and ToF MS. The board supports real-time DSP, enabling efficient data processing with a 7 Gbyte/s PCI Express interface. Enhanced analog performance and simplified integration further bolster its appeal for demanding applications.
Teledyne Imaging has unveiled LACera™, a groundbreaking CMOS technology aimed at enhancing scientific imaging capabilities. This innovation, developed by Teledyne, boasts over 90% quantum efficiency, low noise architecture, and 18-bit readout, features essential for applications in life and physical sciences, including genomics and astronomical imaging. LACera will be integrated into next-gen CMOS cameras set to launch later this year, positioning Teledyne to meet the demands of research and OEM customers. For more details, explore www.LargeAreaCMOS.com.
Teledyne Technologies (NYSE:TDY) announced that Executive Vice President Jason VanWees will present at the 42nd Annual Cowen Aerospace/Defense & Industrials Virtual Conference on February 10 at 10:30 a.m. (Pacific). The conference will be accessible via a live webcast on Teledyne's website, which will also host a replay. Additionally, stockholders are encouraged to review upcoming SEC filings regarding the proposed merger with FLIR Systems, as important information will be contained within.
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