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.
Type
Private
HQ
Pittsburgh, US
Founded
2002
Size (employees)
150 (est)
Website
aethon.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

Aethon Office Locations

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

Summary Metrics

Founding Date

2002

Total Funding

$34.7 m

Latest funding size

$3.36 m

Time since last funding

3 years ago

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 Financials

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

Revenue (FY, 2018)

149.6 k

EBIT (FY, 2018)

(4.8 m)

Cash (31-Mar-2018)

7 m
USDFY, 2014FY, 2016FY, 2017FY, 2018

Revenue

1.6 m886.6 k392.1 k149.6 k

Revenue growth, %

(56%)

General and administrative expense

931.1 k929 k849.5 k792.6 k

Operating expense total

931.1 k929 k849.5 k5 m
Annual
USDFY, 2014FY, 2016FY, 2017FY, 2018

Cash

1.3 m2.1 m1.6 m7 m

Accounts Receivable

95.2 k199.5 k74.8 k

Inventories

53.3 k

Current Assets

1.5 m2.4 m1.6 m7.2 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Cash

807.3 k526.2 k2.8 m5.6 m4.2 m3.3 m1.3 m556.4 k628.6 k5.6 m

Accounts Receivable

11.1 k258.7 k15.2 k967 186.8 k1.7 k193.7 k

Current Assets

938 k892.2 k3 m5.8 m4.5 m3.4 m1.3 m816.5 k661.1 k5.6 m

PP&E

77.2 k70.2 k63.1 k49 k42 k43.7 k29.7 k23 k19.5 k32.4 k
Annual
USDFY, 2014FY, 2016FY, 2017FY, 2018

Net Income

(13.4 m)(5 m)(7.3 m)(5.7 m)

Depreciation and Amortization

21.1 k38.5 k32.4 k35.7 k

Inventories

19.8 k

Accounts Payable

46.6 k(46.4 k)322.1 k(104.2 k)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Net Income

(4.4 m)

Depreciation and Amortization

27.4 k

Accounts Payable

658.2 k609.2 k324.3 k374.4 k217.6 k215.9 k382 k384.7 k292.2 k(219.8 k)

Cash From Operating Activities

(2.9 m)
USDY, 2018

Revenue/Employee

952

Financial Leverage

1.2 x
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Aethon News and Updates

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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