Strong second-half caps off an exceptional year.
Triad is pleased to announce that it continued to outperform revenue projections in the second half of 2020. The year's record-high revenue and orders were driven by the company's rapidly growing reputation as a premier supplier of feature-rich, ultra-efficient radios, RF/microwave bi-directional amplifiers, custom multi-functional amplifier systems, CubeSat frequency converters and amplifiers and wideband amplification for EW and counter UAS systems. Triad delivered some of the highest data-rates and longest-range ISR wireless links available for Unmanned Land, Sea, and Air Systems this year.
Triad achieved several financial and operational goals in 2020 and positioned itself for future growth with the introduction of its new line of amplified radios, investment in operations, and the addition of key team members.
Financial & Program Highlights
As the demand for Triad products from an increasing number of defense and space programs grows, the company expects its sales momentum to continue into the upcoming year.
“We've had an outstanding year despite the unprecedented challenges of 2020. Our prospects going forward have never looked better,” says Dean Handrinos, Co-founder and Partner. “We have an exceptional team of talented and dedicated individuals who continue to exceed customer expectations by pushing the boundaries of high speed transmission, distance, signal purity and performance efficiency in the harshest conditions. Our Engineering group focuses on solving the toughest communication challenges by designing the smallest, most rugged, and efficient RF products on the market. Having achieved AS9100D certification, our Production and Lab teams ensure our systems are built and tested to the highest quality standards. Our Sales and Applications engineers step up to meet the most complex customer challenges, and our Administrative team ensures our company's financial well-being to support these efforts.
I would like to thank our customers for their continued support and the Triad team for their unwavering dedication. We can all be proud of our 2020 accomplishments and we look forward to continued success in 2021.”