For Arotech SWIPES Holds Promise (ARTX)

Zacks

Ken Nagy, CFA

For Arotech SWIPES Holds Promise

Arotech Corporation is a defense and security products and services company, engaged in three business areas: interactive simulation for military, law enforcement and commercial markets; batteries and charging systems for the military; and high-level armoring for military and nonmilitary air and ground vehicles. ARTX has a very strong diversified revenue stream which cuts across both foreign and domestic military, municipalities, and private firms. In several of the business divisions the Company faces fragmented or often times no competition.

SWIPES
SWIPES is Arotech’s new patent pending technology that stands for Soldier Worn Integrated Power Equipment System. The system consists of a hub with 4 adapter leads and 1 power input lead. It is designed to be soldier worn in the protective vest outside the armor plate, but can also be used independently. The goal was to reduce the battery weight carried by soldiers by up to 30% on multi day missions. The Swipes system is a modular power distribution system that was designed for use with the Primary Zinc Air, BA 8180, ZA 8140 Short and the ZA 8140 Conformal batteries as the power source. The BA 5590, BB2590 or LI 145 may also be used.

  • Hub contains circuit protection
  • Hub and 5 connected 8” weigh approximately 6 oz.
  • Chargers weigh approximately 6 oz each.
  • Specialized applications can be developed upon request.

For a free copy of the full research report, please email scr@zacks.com with ARTX as the subject.

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