Astronics Corp
ATROAstronics Corporation (ATRO) is a provider of advanced aerospace and defense technologies, specializing in electrical power management, lighting, and mission equipment. The company designs and manufactures innovative solutions for commercial and military aircraft, as well as other transportation systems, aiming to enhance safety, efficiency, and passenger comfort.
Company News
Vertical Aerospace signed a long-term supplier agreement with Astronics for power distribution systems for its Valo eVTOL, reducing execution risk. However, the company remains unprofitable with significant cash burn and won't generate earnings until 2032. Substantial shareholder dilution is expected as the company raises capital, with share coun...
Pertento Partners established a new $59.07 million position in Astronics by purchasing 815,333 shares in Q1 2026. The aerospace and defense company's stock has surged 170% over the past year, driven by strong Q1 results including 12% sales growth, record bookings of $290.4 million, and an all-time high backlog of $734.3 million. The fund's invest...
The aircraft lighting market is experiencing robust growth, expanding from $1.74 billion in 2025 to $1.86 billion in 2026 with a projected CAGR of 6.3% through 2030, reaching $2.38 billion. Growth is driven by rising commercial aircraft production, widespread LED adoption for energy efficiency, regulatory mandates for improved safety lighting, an...
Astronics Corp acquired Bühler Motor Aviation in an all-cash deal to expand its aircraft seat motion control systems portfolio, expecting $22 million in annual revenue by 2026.
The global aircraft lighting market is projected to grow from $2.17 billion in 2024 to $3.67 billion by 2033, with a 6.1% CAGR, driven by smart lighting systems, sustainability efforts, and enhanced passenger experiences.
