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.
TypePrivate
HQPittsburgh, US
Founded2002
Size (employees)145 (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, US (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

Revenue (Q1, 2019)

149.6k

EBIT (Q1, 2019)

(1.1m)

Cash (30-Jun-2018)

6.1m
Annual
USDFY, 2014FY, 2016FY, 2017FY, 2018

Revenue

1.6m886.6k392.1k149.6k

Revenue growth, %

(56%)

General and administrative expense

931.1k929.0k849.5k792.6k

Operating expense total

931.1k929.0k849.5k5.0m
Quarterly
USDQ1, 2019

Revenue

149.6k

General and administrative expense

194.9k

Operating expense total

1.2m

EBIT

(1.1m)
Annual
USDFY, 2014FY, 2016FY, 2017FY, 2018

Cash

1.3m2.1m1.6m7.0m

Accounts Receivable

95.2k199.5k74.8k

Inventories

53.3k

Current Assets

1.5m2.4m1.6m7.2m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018Q1, 2019

Cash

807.3k526.2k2.8m5.6m4.2m3.3m1.3m556.4k628.6k5.6m6.1m

Accounts Receivable

11.1k258.7k15.2k967.0186.8k1.7k193.7k74.8k

Current Assets

938.0k892.2k3.0m5.8m4.5m3.4m1.3m816.5k661.1k5.6m6.3m

PP&E

77.2k70.2k63.1k49.0k42.0k43.7k29.7k23.0k19.5k32.4k21.7k
Annual
USDFY, 2014FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

21.1k38.5k32.4k35.7k

Inventories

19.8k

Accounts Payable

46.6k(46.4k)322.1k(104.2k)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018Q1, 2019

Net Income

(4.4m)(1.2m)

Depreciation and Amortization

27.4k8.1k

Accounts Payable

658.2k609.2k324.3k374.4k217.6k215.9k382.0k384.7k292.2k(219.8k)(6.5k)

Cash From Operating Activities

(2.9m)(818.4k)
USDY, 2018

Revenue/Employee

1.0k

Financial Leverage

1.3 x
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Aethon News and Updates

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

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…

Aethon Announces New T4 Robot

Aethon is expanding its line of autonomous mobile robots (AMRs) and will unveil the newest TUG robot, the T4, at MOTEK 2018 in Stuttgart, Germany.  Aethon can be found in Hall 7 at booth 7420. The T4 is the answer for industrial, manufacturing and logistics customers who need a smaller, faster and i…

Aethon Announces LogicOS To Enable Open Connectivity

Aethon announced the launch of a new integration toolkit, LogicOS, designed to provide third-party direct control of its TUG autonomous mobile robots (AMRs) using industry-standard programmable logic controllers (PLCs). Aethon will demonstrate this functionality for the first time at MOTEK 2018 in S…

Aethon at MOTEK 2018 – Booth 7420

Please join us in Booth 7420 at MOTEK in Stuttgart Germany from October 8 – 11 where we will be launching some exciting new products! The post Aethon at MOTEK 2018 – Booth 7420 appeared first on Aethon.

Aethon at IMTS 2018 in FANUC Booth

Come visit us in the FANUC booth 338919 at IMTS to see how their collaborative arms and our autonomous mobile robots can…well…collaborate. The post Aethon at IMTS 2018 in FANUC Booth appeared first on Aethon.
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Aethon Company Life and Culture

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