Cirtek ramps up military grade tech production 0 SHARES Share it! Share TweetBy James A. LoyolaCirtek Holdings Philippines Corporation is ramping up production of its military-grade power regulators and microelectromechanical systems (MEMS) products due to increasing demand. Having passed the Quality Systems Audit conducted in 2018 by the U.S. Defense Logistics Agency(DLA), Cirtek’s power regulator and amplifier products are officially certified as high quality military standard. MEMS end applications include critical automobile systems like airbag deployment, navigation operations, pressure sensors and various other stabilization and robotics systems. Cirtek reported 2018 full-year revenues at $106.4 million, a 20 percent growth from the previous year, and net income of $8.3 million for a 165 percent jump from the previous year.

Source: Manila Bulletin May 19, 2019 13:52 UTC