Environmental Tectonics Corporation Archives | Be Korea-savvy
ETC Announces Completion of Sales-Leaseback Transaction Generating $4.0 million in Working Capital

ETC Announces Completion of Sales-Leaseback Transaction Generating $4.0 million in Working Capital

SOUTHAMPTON, Pa., Nov. 27, 2024 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that on November 26, 2024, the Company closed a transaction for the sale and lease back of demonstration equipment located in Southampton, Pennsylvania. Under the terms of the agreement the assets were sold for $4,000,000. In connection with [...]

ETC’s Aerospace and Commercial/Industrial Units Awarded Contracts Totaling $13.4 Million

ETC’s Aerospace and Commercial/Industrial Units Awarded Contracts Totaling $13.4 Million

SOUTHAMPTON, Pa., Sept. 9 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Aerospace Solutions Segment announced it has been awarded $9.7 million in contracts from three international customers in the Aeromedical Training Solutions (“ATS”) business unit for mid-life upgrades of various Aerospace products as well as a contract for an Airfield Driver [...]

ETC’s Aerospace Segment Awarded $12.4 Million in Contracts

ETC’s Aerospace Segment Awarded $12.4 Million in Contracts

SOUTHAMPTON, Pa., Jan. 04, 2024 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that its Aircrew Training Systems business unit (“ATS”) was awarded four contracts totaling $9.7 million. Three are for CLS contracts for repeat customers in the Middle East, and the U.S., and one is for a mid-life upgrade of Spatial Disorientation [...]

ETC Awarded $17.3 Million Contract for its Sterilization Systems Group

ETC Awarded $17.3 Million Contract for its Sterilization Systems Group

SOUTHAMPTON, Pa., June 29 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded a $17.3 million contract from a multi-national medical device manufacturer. The contract includes four, thirty pallet ethylene oxide (“EO”) sterilization chambers and four, thirty pallet vacuum aeration (de-gassing) chambers. “This contract reflects [...]

ETC Announces Fiscal 2023 First Quarter Results

ETC Announces Fiscal 2023 First Quarter Results

SOUTHAMPTON, Pa., July 14 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 27, 2022 (the “2023 first quarter”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President, stated, “We are pleased with the 32% increase in sales vs. prior [...]

ETC Announces Notice of Annual Meeting of Shareholders

ETC Announces Notice of Annual Meeting of Shareholders

SOUTHAMPTON, Pa., July 1 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces that the Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually via Zoom on Thursday, August 4, 2022 at 10:00 a.m. for the following purposes: To elect five (5) Directors to serve on the Board of Directors [...]

ETC Sterilizers Awarded Multiple Contracts for EO Vacuum Chambers and Control Upgrades Totaling $3.1 Million

ETC Sterilizers Awarded Multiple Contracts for EO Vacuum Chambers and Control Upgrades Totaling $3.1 Million

SOUTHAMPTON, Pa., March 8 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded multiple contracts from domestic customers since February 1, 2021, totaling $3.1 million. The contracts include two, six-pallet vacuum degassing chambers for use with accelerating the ethylene oxide (“EO”) sterilization aeration process, seven EO Control System [...]

ETC Simulation Awarded Multiple Contracts for Their Advanced Disaster Management Simulator (ADMS™) Totaling $2.8 Million

ETC Simulation Awarded Multiple Contracts for Their Advanced Disaster Management Simulator (ADMS™) Totaling $2.8 Million

SOUTHAMPTON, Pa., March 8 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Simulation business unit, located in Orlando, FL, announced today the award of multiple contracts totaling $2.8 Million for customers in the United States, Europe, and Asia. The multiple contracts include orders for new ADMS systems, expansion of existing systems, and [...]

ETC Announces the Final Acceptance by the U.S. Air Force of a Suite of Four Research Altitude Chambers

ETC Announces the Final Acceptance by the U.S. Air Force of a Suite of Four Research Altitude Chambers

SOUTHAMPTON, Pa., Sept. 16 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC”) announces the final acceptance by the U.S. Air Force of a suite of four Research Altitude Chambers delivered to the 711th Human Performance Wing at Wright-Patterson Air Force Base in Dayton, OH, USA.   Valued at over $38 million, the suite of research [...]