Company Description
Firan Technology Group Corporation supplies aerospace and defense electronic products and subsystems for customers in aviation, defense and high-technology markets. The company trades on the OTCQX under the symbol FTGFF and on the TSX under the symbol FTG. Its operating profile is centered on electronics manufacturing for demanding aerospace and defense applications, including printed circuit boards, illuminated cockpit products, electronic assemblies and related product support.
The company operates through two named operating units: FTG Circuits and FTG Aerospace. FTG Circuits manufactures high-technology, high-reliability printed circuit boards for customers that include leaders in aviation, defense and high-technology industries. Its circuit operations are located in Toronto, Ontario; Chatsworth, California; Fredericksburg, Virginia; Minnetonka, Minnesota; Haverhill, Massachusetts; and a joint venture in Tianjin, China.
FTG Aerospace designs, certifies, manufactures and provides in-service support for illuminated cockpit products and electronic assemblies used by original equipment manufacturers and operators of aerospace and defense equipment. Its operations include sites in Toronto, Ontario; Calgary, Alberta; Chatsworth, California; and Tianjin, China. The unit's capabilities include lighted cockpit panels and switch interface panels used in aircraft and spacecraft environments.
FTG's aerospace work includes design-authority responsibilities for lighted cockpit products. Its Chatsworth division supplied seven Switch Interface Panels installed in NASA's Orion spacecraft for the Artemis mission. These panels form part of the spacecraft cockpit interface and reflect the company's focus on certified, high-reliability electronic products for aerospace platforms.
Firan Technology Group expanded its aerospace product base through the completed acquisition of FLYHT Aerospace Solutions Ltd. FLYHT added product lines connected to the commercial aerospace aftermarket, including a SATCOM product with Airbus aircraft exposure through a licensing arrangement. The acquired business also serves aviation and environmental communications markets, including airline and national weather agency customers.
Across its operating units, FTG's business model is based on designing, manufacturing, certifying and supporting specialized electronic products for customers that require high reliability, qualification discipline and platform-specific engineering. Its products are used in aviation, defense, commercial aerospace aftermarket and high-technology settings where electronics, cockpit interfaces and printed circuit boards are integrated into larger aircraft, defense and aerospace systems.
Stock Performance
Firan Tech Group (FTGFF) stock last traded at $15.24. Over the past 12 months, the stock has gained 87.5%. At a market capitalization of $380.9M, FTGFF is classified as a small-cap stock with approximately 25.2M shares outstanding.
Latest News
Firan Tech Group has 2 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 1 with negative movement. Key topics include acquisition. View all FTGFF news →
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Short Interest History
Short interest in Firan Tech Group (FTGFF) currently stands at 21.3 thousand shares, up 33.0% from the previous reporting period, representing 0.1% of the shares outstanding.
Days to Cover History
Days to cover for Firan Tech Group (FTGFF) currently stands at 1.6 days, down 55% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 68.4% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 14.5 days.
FTGFF Company Profile & Sector Positioning
Firan Tech Group (FTGFF) operates in the Aerospace & Defense industry within the broader Industrials sector and is listed on the OTC Link.
Investors comparing FTGFF often look at related companies in the same sector, including Volatus Aerospace Inc (TAKOF), Next Dynamics Inc (NEXD), Butler Natl Corp (BUKS), Conrad Inds (CNRD), and Safer Shot (SAFS). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate FTGFF's relative position within its industry.