AstroNova, Inc.

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers and data acquisition and analysis systems, including both hardware and software. These systems incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. The company's hardware and software products target markets such as aerospace, apparel, automotive, aviation, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation. AstroNova distributes its products worldwide through its own sales force, authorized dealers, and independent dealers and representatives. The company operates through two segments: Product Identification ("Product ID") and Aerospace. The Product ID segment includes specialty printing systems and related supplies sold under the QuickLabel®, TrojanLabel®, AstroJet, and GetLabels™ brand names. Effective February 1, 2025, the company changed the name of its Test & Measurement segment to "Aerospace" to better reflect the end markets served. This segment name change did not alter the composition of reportable segments or historical segment results. The Aerospace segment includes aerospace printers, Ethernet networking products, and test and measurement data acquisition systems sold under the AstroNova® brand name. On May 4, 2024, AstroNova entered into an agreement to acquire MTEX New Solution, S.A. ("MTEX"), a Portugal-based manufacturer of digital printing equipment for various markets and applications, including packaging and labeling. MTEX was reported as part of the Product ID segment as of May 6, 2024, the acquisition closing date.