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ETC’s Commercial/Industrial Units Awarded Three Contracts Totaling $15.9 Million

SOUTHAMPTON, Pa., May 6 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded $13.9 million in contracts from two multi-national medical device manufacturers. The contracts include four, sixteen pallet ethylene oxide (“EO”) sterilization system chambers with related conveyer systems, and a large capacity vacuum drying [...]

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

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 Retirement of Roger Colley from Board of Directors

SOUTHAMPTON, Pa., June 14 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported that on June 7, 2023, the Chairman of the Board of Directors of the Company received notification from Mr. Roger Colley that Mr. Colley will retire from the ETC Board of Directors as of the date of the [...]

ETC Announces Appointment of Timothy Kennedy, CPA, CMA as Chief Financial Officer

SOUTHAMPTON, Pa., June 14 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces the appointment of Timothy Kennedy, CPA, CMA as the Company’s Chief Financial Officer and Treasurer, effective today. Mr. Kennedy, age 54, has extensive experience, including ten years of advisory experience, six years as a Global Controller for a [...]

ETC’s Aircrew Training Systems Unit Awarded $85 Million Contract

SOUTHAMPTON, Pa., Feb. 6 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that its Aircrew Training Systems business unit (“ATS”) was awarded an $85 million contract for the delivery of an Aeromedical Center including the building and all related facilities, in addition to the following products: Authentic tactical flight simulator (“ATFS-400 25”), GL [...]

ETC Awarded $8.3 Million Contract for its Sterilization Systems Group

SOUTHAMPTON, Pa., Aug. 3 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded an $8.3 million contract from an international customer. The contract includes three, fourteen pallet ethylene oxide (“EO”) sterilization chambers with automated pallet conveyance for use with the sterilization of medical devices. “This contract is another [...]

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

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 Announces Completion of Sale-Leaseback Transaction Generating $4.7 Million in Net Proceeds

SOUTHAMPTON, Pa., June 20 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) today announced that on June 15, 2022, the Company closed a transaction to sell and lease back our property located in Southampton, Pennsylvania. This property sold consists of our corporate headquarters, main production plant, and the NASTAR Center. Under the [...]