Jump to content

Genasys

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by AminChauhan (talk | contribs) at 15:11, 27 September 2023. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Genasys Inc.
Company typePublic
NasdaqGNSS
IndustryTechnology/Manufacturing
Founded1980; 44 years ago (1980) in Utah, U.S.
FounderElwood Norris
Headquarters,
Area served
Worldwide
Key people
  • Richard S. Danforth (CEO)
  • Dennis Klahn (CFO)
  • Richard H. Osgood III (Chairman)
ProductsGenasys Emergency Management (GEM)

Zonehaven

Websitegenasys.com

Genasys Inc. is based in San Diego, California. Its long-range acoustic device (LRAD) products are used for long-range acoustic hailing and mass notification. Its software-as-a-service products - Genasys Emergency Management (GEM) and Zonehaven - are used for emergency alerting, notifications, evacuations and repopulations. The company was previously named American Technology Corporation (ATC) until 2010[1] and as LRAD Corporation until 2019.[2] The company's stock trades on the NASDAQ Capital Market with the ticker symbol "GNSS".[2]

History

Genasys was founded in Utah by Elwood "Woody" Norris as the American Technology Corporation in 1980.[3] From 1988 to early 1992 the company was inactive. Norris recapitalized the company as a Delaware Corporation in 1992.[4] In 1996, the company launched its first directed sound technology and began engineering sound solutions for the commercial, government, and military markets. In response to the October 2000 attack on the USS Cole, the company's engineering team developed their long-range acoustic device (LRAD) product line. With the introduction of LRAD systems in 2003, the company created the acoustic hailing device (AHD) market, followed by the introduction of multidirectional mass notifications systems in 2012. The company acquired Genasys, a Madrid, Spain-based software provider of location-based mass messaging solutions for emergency warning and workforce management in January 2018, and subsequently adopted the name Genasys for itself.[2] In 2020, Genasys acquired Amika Mobile, an Ottawa, Canada-based enterprise software provider of critical event situational awareness, communication and control products. It was subsequently renamed Genasys Communications Canada.[5][6] In a June 2021 acquisition, Genasys added Zonehaven, a California-based company specializing in emergency evacuation software services and resources.[7]

In September 2023, Genasys acquired Evertel Technologies from Word Systems Operations for about $5.8 million.[8]

Products

  • Genasys Emergency Management (GEM), is a critical communications software system used by emergency management agencies and first responders to deliver public safety alerts.[9]
  • Zonehaven, provides fire, police, and emergency services departments software that analyzes geography, population, housing density, traffic flow, and other data that is used to send zone-based evacuation alerts, warnings and orders to the public. Zonehaven also provides a public-facing app that tracks evacuation warnings and orders in real time.[10]

References

  1. ^ "LRAD CORPORATION".
  2. ^ a b c LRAD Corp. (October 25, 2019). "LRAD Corporation Rebranding as Genasys Inc. to Reflect Broader Commitment to Critical Communications". GlobeNewswire News Room. Retrieved November 5, 2019.
  3. ^ "Utah Business Search - Utah.gov". secure.utah.gov.
  4. ^ "EDGAR Filing Documents for 0000936392-96-000513". www.sec.gov.
  5. ^ "Genasys™ Inc. Acquires Enterprise Software Provider, Amika Mobile". GlobeNewswire.com. Retrieved 2020-08-10.
  6. ^ "Genasys Inc. Closes Acquisition of Enterprise Software Provider, Amika Mobile". GlobeNewswire.com. Retrieved 2020-10-05.
  7. ^ "Genasys Inc. Acquires Emergency Evacuation SaaS Provider, Zonehaven". GlobeNewswire.com. Retrieved 2021-06-09.
  8. ^ "Genasys To Acquire Evertel Technologies From Word Systems Operations For About $5.8 Mln". Nasdaq.com. September 26, 2023.
  9. ^ "Montrose County Sheriff's Office Announces New Emergency Alert System". MontroseCountySheriffsOffice.com. Retrieved 2023-01-11.
  10. ^ "The Terrifying Choices Created by Wildfires". NewYorker.com. Retrieved 2022-09-06.
  11. ^ "American Technology Ships $1.5 Million in LRAD Orders". FreshNews.com. Retrieved 2007-04-06.