PRO DEX INC

Pro-Dex, Inc. designs, develops, and manufactures autoclavable, battery-powered, and electric multi-function surgical drivers and shavers. These products are primarily used in the orthopedic, thoracic, and craniomaxillofacial (CMF) markets. The company utilizes patented adaptive torque-limiting technology and proprietary sealing solutions, which are appealing to its primary customers, medical device distributors. Pro-Dex also manufactures and sells rotary air motors to various industries, though these motors represent a very small portion of its business. The patented adaptive torque-limiting software has been well-received in the CMF and thoracic markets, and the company continues to invest in research and development to apply this technology to other surgical applications. In November 2020, Pro-Dex purchased an approximately 25,000 square foot industrial building, the Franklin Property, in Tustin, California, located about four miles from its Irvine, California headquarters. The build-out of this property was substantially completed during fiscal 2022, with verification and validation activities concluded during fiscal 2023. The company moved its entire assembly and repairs operations to this new facility in the fourth quarter of fiscal 2023 and is now fully operational there. Pro-Dex's principal headquarters are at 2361 McGaw Avenue, Irvine, California 92614.