Business
AstroNova Awarded Repair Station Certification from Civil Aviation Administration of China; Establishes New Business Entity in Singapore
Initiatives Support Company’s Growth Strategy in Asia-Pacific Region WEST WARWICK, R.I.--(BUSINESS WIRE)-- AstroNova, Inc. (NASDAQ: ALOT) today announced
About this update from Astronova, Inc.
[{"type":"text","content":"\nInitiatives Support Company’s Growth Strategy in Asia-Pacific Region\n\n WEST WARWICK, R.I.--(BUSINESS WIRE)--\nAstroNova, Inc. (NASDAQ: ALOT) today announced that the Civil Aviation Administration of China (CAAC) has certified the Company’s West Warwick, R.I. repair station to perform maintenance, repair and overhaul (MRO) services on flight deck printers and related components for customers with Chinese-registered aircraft. The repair station also holds certifications from the Federal Aviation Administration and the European Union Aviation Safety Agency.\n\n“Earning the CAAC certification strengthens our role in the global commercial aerospace MRO industry,” said Tom Carll, Vice President and General Manager, AstroNova Aerospace. “The certification further validates the quality and responsiveness of our MRO services, creating new business opportunities for AstroNova in the Asia-Pacific region, forecast to be the world’s largest aviation market in the next 20 years.”\n\nComplementing its CAAC certification, the Company also established a new entity, AstroNova Singapore Pte. Ltd., to facilitate business with customers in China and throughout the Asia-Pacific (APAC) region.\n\n“With demand for aircraft fleets and aftermarket commercial services projected to grow significantly in the coming decades, establishing a business hub in Singapore ensures we are staying close to our APAC customers,” said Greg Woods, AstroNova’s President and Chief Executive Officer. “Expanding our presence in Asia is an integral part of our strategy and consistent with our focus on providing solutions that help customers achieve business success.”\n\nAbout AstroNova\n\nAstroNova Inc. (NASDAQ: ALOT), a global leader in data visualization technologies since 1969, is focused on designing, manufacturing, distributing and servicing a broad range of products that acquire, store, analyze and present data in multiple formats. The Company's Product Identification segment offers a complete line-up of label and direct-to-package printing hardware and supplies, allowing customers to mark, track and enhance their products' appearance. Supported by AstroNova's customer application experts and technology leadership in printing, material science and high-speed data processing, customers benefit from an optimized, \"total solution\" approach. The Test and Measurement se...