Teledyne Technologies reported a record quarter, with sales up 64% compared to the first quarter of 2021, to $1.32 billion. Profits, meanwhile, jumped 151% year-over-year, from $84.7 million to $212.6 million.
“We began 2022 with the greatest first quarter sales, earnings and adjusted operating margin in the company’s history,” said Robert Mehrabian, who is chairman, president and CEO of Teledyne. He added that the company saw record orders for its electronic test & measurement instrumentation as well as its industrial imaging sensors and systems, even though the first quarter is typically weaker on those metrics.
Teledyne’s instrumentation sales were up nearly 8% from the first quarter of last year. But most of the company’s high growth was due to a 185% leap in its digital imaging segment revenues, due to incremental net sales from its 2021 acquisition of FLIR Systems, as well as “strong organic sales growth from industrial sensors and cameras, X-ray products and microelectro-mechanical systems” (MEMS), according to Teledyne.
In other test news:
–Keysight Technologies says that it has enabled the Global Certification Forum to activate a certification test plan for device compliance with 3GPP specifications around protocol and RF testing of Standalone 5G New Radio devices operating in Frequency Range 2, or millimeter wave.
Keysight’s S8705A RF/RRM DVT & Conformance and S8704A Protocol Conformance toolsets allowed the GCF to activate its 5G NR FR2 test plan certification as of the mid-April meeting of the GCF’s Conformance Agreement Group (CAG), according to the test company.
In other company news, Keysight launched a new, four-channel vector signal generator, with frequency support up to 54 GHz and up to five gigahertz of RF bandwidth. The spectrum range of the instrument can be extended up to 110 GHz, Keysight noted, and it can be used to test multiple-antenna scenarios such as MIMO, beam-forming and other complex test situations.
The test company also announced that it signed a memorandum of understanding to collaborate with Singpore’s Quantum Engineering Programme (a program of the country’s National Research Foundation) on education, research and development around quantum technologies, including development of quantum instrument packages and a “Quantum Joint Innovation Accelerator” program through which researchers will be able to access Keysight testing software and instruments.
–Viavi Solutions has launched a new radio altimeter testing solution, its ALT-9000 universal radio altimeter (RADALTS) flight line test set. The solution adds fiber optic delay to RF testing, which Viavi said enables the resting of “all types of RADALTS on the market today,” through closed-loop system tests, replication of in-flight conditions and profiles for dynamic altitude simulations.
–RADCOM says that it has won a multi-year service assurance contract with an unspecified mobile operator in Europe, to support the carrier’s 5G deployment.
“5G networks are highly dynamic and require real-time subscriber analytics to rapidly identify and resolve customer-impacting issues,” said CEO Eyal Harari. “Our advanced cloud technology will provide these critical insights that enable the seamless rollout of new 5G services and ensure confidence when testing and rolling out new advanced services. This contract is an important acknowledgment of our market leadership in the 5G assurance space.”
–Anritsu has joined the Mobility Open Blockchain Initiative (MOBI), which was founded in 2018 to create blockchain-based standards and build the digital infrastructure for connected vehicles and IoT commerce. Anritsu said that it wants to “strengthening its activities with EV and battery measurement” and aims to help build a recycling system for EV batteries by focusing on the standardization for testing rechargeable battery deterioration that MOBI is exploring through its Battery Initiative.
-Engineering services and test automation company Granite River Labs (GRL) says that it has expanded its electrical compliance test automation platform, which enables product developers to use test equipment from multiple vendors.
-A new analyst report estimates that the electromagnetic compatibility (EMC) shielding and test equipment market will grow steadily at a 4.5% compound annual growth rate (CAGR) through 2032, rising from a value of $7.1 billion this year to $11 billion by 2032. The market’s growth is being driven by the automotive sector, as well as “rising consumer electronics demand, rising electromagnetic pollution, and continuing field trials and pilot testing to prove the viability of 5G technology,” according to Future Market Insights.
