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    MEMS   FR0010298620

MEMSCAP

(MEMS)
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MEMSCAP Announces Launch of Sensor Technology for Green and Safe Jet Engines

06/06/2017 | 01:30am EST

MEMSCAP announced the launch of the development of piezoresistive best-in-class sensors for FADEC (Full Authority Digital Engine Control) applications. The launch of “STEGS” (Sensor Technology for Green and Safe Jet Engines), a 3 year, €1.3 Million funded project to support the development of robust, reliable, accurate and stable pressure sensors to fit the future needs of the avionics industry was just announced by the Norwegian state agency in charge of user-driven research and development. Led by MEMSCAP with the participation of SINTEF, the project “STEGS” aims at supporting the development of a new family of MEMS piezoresistive pressure sensors for high-end FADEC applications. Agreements with prestigious US companies and US government agencies in the field of space exploration and avionics have been set up for them to be the pilot customers of this new generation of products and to evaluate them in harsh environments. In the target of FADEC applications, sensors are key for reduced fuel consumption as they enable an optimized use of the engine and its reduced wear over time. They also enable the monitoring of the engine working conditions and give early warnings about potentially fatal failures. MEMSCAP modular aerospace products are designed for all the aeronautics control systems worldwide, and their applications range from engine control, altitude and cabin pressure control, air data, to altimeters, air speed indicators and space applications.


© S&P Capital IQ 2017
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Financials
Sales 2020 11,1 M 12,6 M 12,6 M
Net income 2020 -0,55 M -0,62 M -0,62 M
Net Debt 2020 3,55 M 4,02 M 4,02 M
P/E ratio 2020 -16,6x
Yield 2020 -
Capitalization 10,9 M 12,3 M 12,3 M
EV / Sales 2019 1,36x
EV / Sales 2020 1,13x
Nbr of Employees 64
Free-Float 89,8%
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Managers and Directors
Jean-Michael Karam Chairman & Chief Executive Officer
Yann Cousinet Chief Financial Officer
Nicolas Bertsch COO & GM-Custom Products Business Unit
Joël Rodriguez Alanis Independent Director
Bernard Courtois Independent Director
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