Flexpoint Sensor Systems (FLXT) Price & Analysis

Flexpoint Sensor Systems, Inc. (FLXT) specializes in the conception, development, fabrication, and global sales of bend sensor technology and associated products. The cornerstone of their product line is their proprietary Bend Sensor, a flexible potentiometer technology. This innovative sensor features a coated, pliable substrate, often made of plastic, engineered to consistently modify its electrical conductivity when flexed. The company's versatile sensors find application across numerous industries. In the automotive sector, their technology is integrated into vital components like braking systems and specialized equipment for emergency response vehicles. For medical applications, their products are incorporated into devices such as disposable colonoscopes and various other healthcare instruments. Furthermore, Flexpoint's solutions are utilized in flow control mechanisms, footwear, industrial control systems, advanced medical instrumentation, computer peripherals, automotive transmission equipment, commercial vending machines, and a wide array of other electronic devices. Flexpoint Sensor Systems distributes its offerings to original equipment manufacturers (OEMs), other manufacturers, and distributors worldwide. Incorporated in 1992, the company initially operated as Micropoint, Inc. before officially changing its name to Flexpoint Sensor Systems, Inc. in July 1999. Its main operations are situated in West Jordan, Utah.