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Advanced Photonix Inc

 
Hoover's Profile: Advanced Photonix, Inc.
(NYSE Alternext:API)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Advanced Photonix, Inc.
2925 Boardwalk
Ann Arbor, MI 48104
MI Tel. 734-864-5600
Fax 734-998-3474

Type: Public
On the web: http://www.advancedphotonix.com
Employees: 153
Employee growth: 9.3%

Advanced Photonix, Inc. (API) senses more with light. The company makes devices that detect light and radiation, including photodiodes, photodetectors, and optoelectronic assemblies, which are used by manufacturers in analysis and imaging equipment for applications ranging from missile guidance and satellite positioning to baggage scanning and blood analysis. API's large-area avalanche photodiodes (LAAPDs) are used to sense low levels of light and radiation. Its FILTRODE technology applies optical coatings to photodiode chips to filter out bright background light. Most of API's sales are to customers located in the US.

Key numbers for fiscal year ending March, 2009:
Sales: $29.7M
One year growth: 27.8%
Net income: ($2.0)M

Officers:
Chairman, President, and CEO: Richard D. (Rick) Kurtz
CFO and Director: Robin F. (Rob) Risser
CTO: Steven Williamson

Competitors:
Clearfield
Optek Technology
OSI Systems

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