Firan Technology Group Corp T.FTG

Alternate Symbol(s): FTGFF

Technology

Firan Technology Group Corporation is a Canada-based aerospace and defense electronics product and subsystem supplier. The Company supplies its products to customers around the globe. The Company operates through two units: FTG Circuits and FTG Aerospace. FTG Circuits is a manufacturer of printed circuit boards standard rigid products, High-density interconnect (HDI), RF circuitry, Thermal management, Rigid flex and assembly. FTG produces boards utilizing traditional PCB manufacturing processes and a licensed Averatek's A-SAPTM Semi-additive process. FTG Circuits customers are in the aviation, defense and space industries. FTG Aerospace designs and manufactures Avionic sub-system hardware, including backlit control panels and assembly, integrated switch panels, MCDU keyboards, primary display bezels, cursor control devices and advanced control panel assembly LRUs. The Division's products are utilized in flight and simulated devices in commercial aero and defense platforms.

TSX:FTG - Post by User

Firan Technology Group Corp

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Post by Possibleidiot01on Dec 03, 2021 1:59pm

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Post# 34195913

from FTGCORP.COM WEBSITE

What is the reason?

Apart from operational excellence, our partners are familiar with our value proposition. To illustrate, FTG has invested over $35 million in the past five years alone in R&D, technologies, and acquisition to make sure we deliver on our promise.

With over 500 employees and production sites in the US, Canada and China, FTG is well positioned to proudly serve its over 200 customers in diverse markets such as aerospace, space and defense sectors.

$35 million is more than half the current market cap.
Net cash at the end of Q3 2021 was $17.1M - about 25% of current market capitalization.
Cheap.