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Last A$0.58 AUD
Change Today 0.00 / 0.00%
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As of 10:36 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

adacel technologies ltd (ADA) Snapshot

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06/23/15 - A$0.64
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adacel technologies ltd (ADA) Details

Adacel Technologies Limited develops and sells simulation and software applications and services for aviation and defense sectors in North America and Australia. The company offers air traffic control (ATC) simulation and training products, including ATC unified training solution; intelligent communications environment (ICE) for aviation phraseology and procedures learning; MaxSim ICE and MaxSim PTTs, which are individual task training devices; MaxSim that is a line of high-fidelity ATC simulators for civil and military ATC training and air traffic procedures testing and validation; and MaxSim Mobile and DMAX-180C primarily for military use. It also provides air traffic management products comprising Aurora system that manages various types of airspace and domains from the oceanic, enroute, terminal, or approach sectors to the control tower unit; NexSim air traffic control simulators; voice activated cockpit, which combines a direct voice input interaction with a text-to-speech response system into a cockpit user interface that enables the pilot and the aircraft to talk to each other; and speech recognition systems for simulation and training applications or operational command and control interface. In addition, the company offers Air Traffic Control in a Box, which is an ATC environment add-on that offers in flight simulator fidelity for pilot training; Adacel Flightline Driving Simulator that is a simulation system to train ground personnel; homeland security products, such as VAST Security Systems Simulator used to create a fidelity environment mimicking a security control room operations center to train security personnel; and support and maintenance plans under the SimCare name. It serves government organizations, universities, and air navigation service providers. Adacel Technologies Limited was founded in 1987 and is headquartered in Hampton East, Australia.

Founded in 1987

adacel technologies ltd (ADA) Top Compensated Officers

Chief Executive Officer and Chief Financial O...
Total Annual Compensation: A$344.6K
Acting Chief Executive Officer and Chief Oper...
Total Annual Compensation: A$300.8K
Company Secretary
Total Annual Compensation: A$26.9K
Vice President of Business Development and Ma...
Total Annual Compensation: A$12.3K
Compensation as of Fiscal Year 2014.

adacel technologies ltd (ADA) Key Developments

Adacel Technologies Limited Names Gary Pearson as Acting CEO to Replace Seth Brown, Who is on Temporary Medical Leave of Absence

Adacel Technologies Limited announced that CEO Seth Brown is taking a temporary medical leave of absence commencing immediately. During Seth's absence, current chief operating officer, Gary Pearson, will serve as acting CEO.

RAAF Acquires More ATC Simulators from Adacel

Adacel announced that the company has been awarded a contract by the Royal Australian Air Force (RAAF) valued at more than AUD 2.0 million for the acquisition of additional Air Traffic Control (ATC) simulators. The contract calls for the supply of nine new Adacel MaxSim Part-Task Trainers (PTTs) and the upgrade of two existing systems to augment the established training capability located at the RAAF School of Air Traffic Control (SATC) based at East Sale under a contract awarded in 2008. SATC has two 360-degree and one 252-degree full immersion tower simulators together with six Individual Task Trainers and one Radar simulator making it the large and most comprehensive Air Traffic Control training facility in the Southern hemisphere.

Adacel Technologies Ltd Wins New Contracts for Air Traffic Management and Air Traffic Control Systems

Adacel Technologies Ltd. announced that it has secured further new contracts for its air traffic management and air traffic control systems which will contribute to increased profitability as foreshadowed in the recent half-yearly report. Long-term contracts have now been signed with major partners, including the Federal Aviation Administration (FAA) and the United States Air Force (USAF). The FAA recently awarded the company a contract to continue the maintenance and sustainability of the FAA's Tower Simulation Systems (TSS) deployed at various locations throughout the US. This contract has an initial term of one year and four options each of a further one-year term with a total potential value of USD 46 million if all option years are exercised. The recently awarded long-term Air Traffic Simulation & Training contracts amount to USD 95 million over the next several years, of which at least USD 15 million will be executed this financial year. The company has also recently begun installation work after being awarded a contract by the Directorate of Air Navigation Services of France (DSNA) for the deployment of a new air traffic management system for Cayenne, French Guiana. The contract is the first in a series planned by the DSNA to modernise air traffic management systems in the overseas territories of France.


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