Subsidiary of OSI Systems | |
Traded as | NASDAQ: ASEI |
Industry | Instrumentation |
Founded | 1958 |
Headquarters | Billerica, Massachusetts |
Revenue | $126.7 million (2015) |
Number of employees
|
245 |
Website | www.as-e.com |
American Science and Engineering Inc, (AS&E) is an American manufacturer of advanced X-ray equipment and related technologies, originating in 1958 as a developer for NASA, with an early focus on X-ray astronomy led by Riccardo Giacconi. Among other developments Giacconi's team made possible the Einstein Observatory (the first full imaging X-ray telescope, launched 1978), and Giacconi's work at AS&E saw him win the 2002 Nobel Prize in Physics.
Among other things, AS&E provides both transmission X-ray and backscatter X-ray equipment for airports, seaports, critical infrastructures, border crossings and other locations where security scanning is required. AS&E has also developed a mobile backscatter X-ray van (ZBV).
In June 2016, OSI Systems offered to purchase the company for $269 million, After approval by regulators and shareholders, the deal competed before the end of 2016.
In the 12 months ending March 31, AS&E made $64 million profit on $278 million revenue.[1]