Aethon offers automated hospital delivery and asset management solutions. TUG®, Aethon's Automated Robotic Delivery System (ARD), can transport both scheduled and on-demand hospital deliveries between all ancillary, support and patient care units. Aethon's TUG provides a cost-effective and non-disruptive infrastructure for asset tracking, leveraging interference-free RFID technology to locate missing equipment throughout the hospital.

Employee Rating

4.3More
TypePrivate
HQPittsburgh, US
Founded2002
Size (employees)143 (est)
Websiteaethon.com
Aethon was founded in 2002 and is headquartered in Pittsburgh, US
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Key People/Management at Aethon

Aldo Zini

Aldo Zini

President & CEO
Robert Reilly

Robert Reilly

CFO
Spencer Allen

Spencer Allen

Chief Technology Officer
Peter Seiff

Peter Seiff

Senior Vice President of Business Development
Brian Curren

Brian Curren

Vice President of Professional Service
Tony Melanson

Tony Melanson

Vice President of Marketing
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Aethon Office Locations

Aethon has an office in Pittsburgh
Pittsburgh, (HQ)
100 Business Center Drive
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Aethon Financials and Metrics

Summary Metrics

Founding Date

2002

Aethon total Funding

$34.7 m

Aethon latest funding size

$3.36 m

Time since last funding

3 years ago

Aethon investors

Aethon's latest funding round in October 2015 was reported to be $3.4 m. In total, Aethon has raised $34.7 m
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Aethon Revenue

Aethon's revenue was reported to be $149.63 k in FY, 2018
USD

Net income (Q2, 2019)

(1.4m)

EBIT (Q2, 2019)

(1.3m)

Cash (30-Sep-2018)

5.1m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.6m762.4k886.6k392.1k149.6k

Revenue growth, %

(56%)

General and administrative expense

931.1k907.1k929.0k849.5k792.6k

Operating expense total

4.7m4.8m5.3m6.5m5.0m
Quarterly
USDQ2, 2014Q1, 2019Q2, 2019

Revenue

149.6k

General and administrative expense

142.3k194.9k271.6k

Operating expense total

874.7k1.2m1.3m

EBIT

(229.8k)(1.1m)(1.3m)
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.3m855.6k2.1m1.6m7.0m

Accounts Receivable

95.2k193.3k199.5k74.8k

Inventories

53.3k

Current Assets

1.5m1.2m2.4m1.6m7.2m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

8.8k1.9m807.3k526.2k2.8m5.6m4.2m3.3m1.3m556.4k628.6k327.2k920.1k5.6m6.1m5.1m

Accounts Receivable

220.2k45.0k11.1k258.7k15.2k967.0186.8k1.7k193.7k74.8k

Current Assets

283.7k1.9m938.0k892.2k3.0m5.8m4.5m3.4m1.3m816.5k661.1k365.7k1.0m5.6m6.3m5.2m

PP&E

54.4k77.2k70.2k63.1k49.0k42.0k43.7k29.7k23.0k19.5k45.9k38.9k32.4k21.7k16.1k
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(13.4m)(7.0m)(5.0m)(7.3m)(5.7m)

Depreciation and Amortization

21.1k37.4k38.5k32.4k35.7k

Inventories

19.8k

Accounts Payable

46.6k(1.1m)(46.4k)322.1k(104.2k)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(3.7m)(5.9m)(3.7m)(4.6m)(1.2m)(2.5m)(3.7m)(2.1m)(5.6m)(1.8m)(3.2m)(4.4m)(1.2m)(2.6m)

Depreciation and Amortization

4.7k14.2k9.3k18.7k9.3k18.7k28.6k10.2k26.4k9.3k18.7k27.4k8.1k16.0k

Accounts Payable

(33.2k)1.3m60.3k163.6k324.3k45.3k(144.5k)(133.7k)144.2k384.7k51.1k(194.0k)(194.4k)(219.8k)(6.5k)(127.4k)

Cash From Operating Activities

(744.5k)(1.6m)(763.7k)(1.4m)(798.0k)(2.2m)(3.2m)(827.9k)(2.6m)(1.1m)(2.1m)(2.9m)(818.4k)(1.8m)
USDY, 2018

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1.3 x
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Aethon News and Updates

UPDATE 1-QEP to sell Haynesville-Cotton Valley assets to Aethon for $735 mln

QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.

QEP Resources to sell oil and gas assets to Aethon Energy for $735 mln

QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.

Future of Mobile Robotics Software Market – A comprehensive study by Key Players: Aethon, Kawasaki Robotics, Asimov Robotics

A new research study from HTF MI with title Global Mobile Robotics Software Market Size, Status and Forecast 2025 provides an in-depth assessment of the Mobile Robotics Software including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company…

Worldwide Robotics Prosthetics Market to Witness a Pronounce Growth by 2027

Competition in the Global Robotics Prosthetics Market and are profiled in MRFR Analysis. “Global Robotics Prosthetics Market by Manufacturers, Countries, Type and Application, Forecast to 2027 Report “Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators And Governing Factors…
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Aethon Blogs

Optimizing IoT is a Moving Target, but Key to Process Automation Success

The post Optimizing IoT is a Moving Target, but Key to Process Automation Success appeared first on Aethon.

Optimizing IoT is a moving target, but key to process automation success

The post Optimizing IoT is a moving target, but key to process automation success appeared first on Aethon.

AGVs vs. AMRs: What’s the Difference?

The post AGVs vs. AMRs: What’s the Difference? appeared first on Aethon.

TUG Mobile Robots Bring Some Halloween Joy (and Candy!) To Children at UPMC Hospital

The post TUG Mobile Robots Bring Some Halloween Joy (and Candy!) To Children at UPMC Hospital appeared first on Aethon.

Aethon TUG T4 Mobile Conveyor and LogicOS

The post Aethon TUG T4 Mobile Conveyor and LogicOS appeared first on Aethon.

What Industry 4.0 Means for Manufacturers

What Industry 4.0 Means for Manufacturers Today, we’re at a juncture: Industry 4.0 is on the rise due to automation and the ubiquity of computing power and has spurred what many consider yet another Industrial Revolution. Over the course of the 18th and 19th centuries, the Industrial Revolution drov…
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Aethon Company Life and Culture

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Aethon Frequently Asked Questions

  • When was Aethon founded?

    Aethon was founded in 2002.

  • Who are Aethon key executives?

    Aethon's key executives are Aldo Zini, Robert Reilly and Spencer Allen.

  • How many employees does Aethon have?

    Aethon has 143 employees.

  • What is Aethon revenue?

    Latest Aethon annual revenue is $149.6 k.

  • What is Aethon revenue per employee?

    Latest Aethon revenue per employee is $1 k.

  • Who are Aethon competitors?

    Competitors of Aethon include CSA Service Solutions, Treasure and Omnitracs.

  • Where is Aethon headquarters?

    Aethon headquarters is located at 100 Business Center Drive, Pittsburgh.

  • Where are Aethon offices?

    Aethon has an office in Pittsburgh.

  • How many offices does Aethon have?

    Aethon has 1 office.