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Home > Company Index > Electronics & Misc. Technology > Scientific & Technical Instruments > NovAtel Inc.

NovAtel Inc.
Nasdaq: NGPS
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 PROFILE
NovAtel knows whence you come and go. The company develops and sells receivers and other position finding components based on the US government's 24-satellite Global Positioning System (GPS). NovAtel sells its receivers, as well as software for processing GPS data, to other manufacturers and customers in the surveying, geographic information systems, agriculture, aviation, and marine markets. Canadian and US clients account for about 50% of sales, but the company is expanding worldwide. Customers include China's Shenzhen Shenyuan (satellite navigation systems; 11% of sales), Agsystems (7%), and Steve Lieber & Associates (6%). About 60% of NovAtel is owned by CMC Electronics, a subsidiary of investment firm ONCAP.

 COMPETITION
Motorola, Inc. (MOT)
Rockwell International Corporation (ROK)
Trimble Navigation Limited (TRMB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 16.70
1-Yr. Sales Growth: 20.1%
Employees: 96
Revenue per employee: $173,958.33

 KEY PEOPLE
• David E. Vaughn
    CEO
• Werner Gartner
    CFO

 CONTACT INFO
1120 68th Ave. NE
Calgary Alberta T2E 8S5, Canada
Phone: 1-403-295-4500
Fax: 1-403-295-0230
Online: Web Site

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