- ATI AirTest Technologies Inc. (AAT) announced that sales to the end of July 2022 have seen a 20 per cent increase over the same period last year
- The increase is deemed to be partly due to a recovery since the pandemic slowed sales in 2020 and 2021 and partly due to the launch of the digital communicating sensors for parking garage applications
- This sales growth is expected to see full-year sales exceed 2021 and 2020
- ATI AirTest Technologies Inc. (AAT) is up 25 per cent, trading at C$0.05 at 11:20 am ET
ATI AirTest Technologies (AAT) announced that sales to the end of July 2022 have seen a 20 per cent increase over the same period last year.
The increase is deemed to be partly due to a recovery since the pandemic slowed sales in 2020 and 2021 and partly due to the launch of the digital communicating sensors for parking garage applications.
The company’s recently launched TR2000-DIGI is the first gas sensing product that can provide the most popular digital communication protocols used in the buildings industry today. These protocols are used in 9 per cent% or more of the building automation market.
AirTest CEO Ted Konyi commented on the news.
“The results to date are very encouraging. With new sales activity stemming from the DIGI and additional sales to OEM customers, things are looking quite promising. Additionally, the company’s primary solutions, for improving energy efficiency, are generating tremendous interest. The significant rise in energy prices, coupled with more awareness and action regarding carbon emissions reduction, has created a perfect storm for the company’s solutions. We look forward to a strong finish for the year and continued growth into the future.”
The sales growth should see full-year sales exceed 2021 and 2020. With several larger projects in development, the company anticipates increased profitability this year.
ATI is a Green-Tech company specializing in Demand Control Ventilation systems that improve commercial building operating efficiency and generate proven energy savings.
It has developed new wireless sensors with dynamic real-time communication and control technologies, which builds upon ten years of experience and thousands of installations amongst clients such as Lowe’s, Shoppers Drug Mart, and Ikea.
ATI AirTest provides data on levels of indoor air quality required by schools, retail stores and offices.
ATI AirTest Technologies Inc. (AAT) is up 25 per cent, trading at C$0.05 at 11:20 am ET.
