Axsys Technologies Q4 2008 Earnings Call Transcript

  • download
  • Print
  • Recommend
  • 0

2009-02-18 10:00:23.0

Tags: Optics, Call Transcript, Earnings, Question, Seeking Alpha, Axsys Technologies Inc.

Question-and-Answer Session

Operator

(Operator Instructions). Our first question comes from the line of Steve Levenson of Stifel. Please proceed.

Steve Levenson - Stifel Nicolaus

Thank you. Good morning.

Stephen Bershad

Good morning, Steve.

David Almeida

Good morning, Steve.

Steve Levenson - Stifel Nicolaus

I had some questions about Cineflex. What's it going to take to get to the next stage, is it a camera and is it something that you'll make or something that you'll buy? And I'm curious about the sales pipeline, are they big programs or the smaller and medium size programs that you're going after?

Scott Conner

Steve, it's a good question, there is an increasing number. I'm going to address the second part of your question first. There is an increasing number of multi-gimbal orders that we're going after, were traditionally in 2007, we were kind of selling ones and twos, and the perfect examples of what I am explaining here is the two that I mentioned in my comments almost, the -- this order -- these two orders one in the Middle East and one in South East Asia which was a quite a few and these are really great strategic steps forward for us.

And so there is an increasing number of multi-gimbal orders that we're continuing to look at in the pipeline now. Now back to your initial question what take -- does it take to get to the next step. What we're executing is our development program right now, internal organic development, and the V9 which I also discussed is our first incarnation, the first result of that development. And the reason this is so important that we do it organically is that you do these gimbals really well you need to leverage both this high precession motion control which we have in-house. And this very high-end optics capabilities and integrate them in the design of poor product. And we can do that very effectively with the capabilities we have in house. It's just a matter of time to roll out a broad array of these product to serve a lot of the markets that we currently of don't serve today.

Steve Levenson - Stifel Nicolaus

Okay. Thanks.

Scott Conner

Sure.

Operator

Our next question comes from the line of Michael French of Morgan Joseph. Please proceed.

Michael French - Morgan Joseph

Good morning, gentlemen.

Scott Conner

Good morning.

Michael French - Morgan Joseph

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here