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Total Categories: 6
Teledyne FLIR LLC's former acronym, FLIR, originally stood for 'forward-looking infrared,' a technology that creates images by sensing infrared radiation.
Answer: True
The company's former name, FLIR Systems Inc., was an acronym for 'forward-looking infrared,' which is a technology that senses infrared radiation to create images.
The primary specialization of Teledyne FLIR LLC is the development of advanced sonar systems for underwater navigation.
Answer: False
Teledyne FLIR LLC primarily specializes in the design and production of thermal imaging cameras and sensors, not sonar systems.
Teledyne FLIR LLC operates exclusively in the defense and security industries, with no involvement in thermography.
Answer: False
Teledyne FLIR LLC operates in several key industries, including defense, security, law enforcement, and thermography, which involves the use of thermal cameras.
Robert Mehrabian serves as the EVP & CEO of Teledyne FLIR LLC, while Edwin Roks is the Chairman.
Answer: False
Edwin Roks is the EVP & CEO of Teledyne FLIR LLC, and Robert Mehrabian is the Chairman.
Jim Cannon was appointed President and CEO of FLIR Systems in May 2017, succeeding Andrew C. Teich.
Answer: True
Jim Cannon was appointed President and CEO of FLIR Systems in May 2017, succeeding Andrew C. Teich, who had retired.
What does the former acronym 'FLIR' stand for, as it relates to the company's core technology?
Answer: Forward-Looking Infrared
What is the primary specialization of Teledyne FLIR LLC?
Answer: Design and production of thermal imaging cameras and sensors
Who holds the position of EVP & CEO at Teledyne FLIR LLC?
Answer: Edwin Roks
Who was appointed President and CEO of FLIR Systems in May 2017?
Answer: Jim Cannon
FLIR Systems was originally founded in 1978 with the goal of developing high-performance, low-cost infrared imaging systems for airborne applications.
Answer: True
FLIR Systems was founded in 1978 with the objective of developing high-performance, low-cost infrared imaging systems for airborne applications.
FLIR Systems became a public company in 1990 after acquiring the industrial infrared imaging group of Hughes Aircraft Company.
Answer: False
FLIR Systems acquired the industrial infrared imaging group of Hughes Aircraft Company in 1990, but it became a public company in June 1993 through an IPO.
The acquisition of Agema Infrared System of Sweden by FLIR Systems in January 1998 cost approximately $80 million.
Answer: True
FLIR Systems acquired Agema Infrared System of Sweden in January 1998 for approximately $80 million.
Andrew C. Teich became President and CEO of FLIR Systems in May 2013, succeeding J. Kenneth Stringer III.
Answer: False
Andrew C. Teich was appointed President and CEO of FLIR Systems in May 2013, succeeding Earl Lewis, not J. Kenneth Stringer III.
What was the initial objective for founding FLIR Systems in 1978?
Answer: To create high-performance, low-cost infrared imaging systems for airborne applications.
Which industrial infrared imaging group did FLIR Systems acquire in 1990?
Answer: Hughes Aircraft Company's industrial infrared imaging group
How much capital did FLIR Systems raise through its initial public offering (IPO) in June 1993?
Answer: $12 million
What was the approximate cost of FLIR Systems' acquisition of Agema Infrared System in January 1998?
Answer: $80 million
Who succeeded Earl Lewis as President and CEO of FLIR Systems in May 2013?
Answer: Andrew C. Teich
Indigo Systems, a developer of infrared imaging products, was acquired by FLIR for $190 million in January 2004.
Answer: True
FLIR acquired Indigo Systems, a developer and supplier of infrared imaging products, for $190 million in January 2004.
FLIR Systems acquired Extech Instruments for $40 million in October 2007, and later sold its portable printers division, Extech Data Systems, in December 2009.
Answer: True
FLIR Systems acquired Extech Instruments for $40 million in October 2007 and subsequently sold its Extech Data Systems division, which specialized in portable printers, in December 2009.
Directed Perception, a security hardware maker, was acquired by FLIR Systems for $50 million in December 2009.
Answer: False
Directed Perception was acquired by FLIR Systems for $20 million in December 2009, not $50 million.
FLIR Systems acquired Raymarine, a marine GPS maker, for $180 million in May 2010 while the company was bankrupt.
Answer: True
In May 2010, FLIR Systems acquired the bankrupt company Raymarine, a marine GPS maker, for $180 million.
Lorex Technology, acquired by FLIR Systems in 2012, was later sold to Dahua Technology for a profit of $31 million.
Answer: False
FLIR Systems acquired Lorex Technology for $60 million in December 2012 and later sold it to Dahua Technology in 2018 for $29 million, resulting in a loss.
DVTEL, a provider of advanced video surveillance software and hardware, was acquired by FLIR Systems for approximately $92 million in November 2015.
Answer: True
FLIR Systems acquired DVTEL, a provider of advanced video surveillance software and hardware, for approximately $92 million in cash in November 2015.
FLIR acquired Point Grey Research, a Canadian camera company, for $259 million in November 2016, which owned camera lines like Brickstream and Grasshopper.
Answer: True
FLIR acquired the Canadian company Point Grey Research for $259 million in November 2016. Point Grey Research owned camera lines including Brickstream, Blackfly, Dragonfly, and Grasshopper.
Prox Dynamics, known for the Black Hornet Nano-drone, was acquired by FLIR for $134 million in December 2016.
Answer: True
FLIR acquired Prox Dynamics, known for the Black Hornet Nano-drone, for $134 million in December 2016.
Aeryon Labs, a Canadian drone maker, was acquired by FLIR Systems for $200 million in January 2019.
Answer: True
FLIR Systems acquired Aeryon Labs, a Canadian drone maker, for $200 million in January 2019.
Endeavor Robotics, the former iRobot division for unmanned ground vehicles, was acquired by FLIR Systems for $382 million in March 2019.
Answer: True
FLIR Systems acquired Endeavor Robotics, the former iRobot division for unmanned ground vehicles, for $382 million in cash in March 2019.
In October 2019, FLIR Systems acquired patents from Aria Insights specifically for long-range surveillance drones.
Answer: False
In October 2019, FLIR Systems acquired patents from Aria Insights related to tethered drones, not specifically long-range surveillance drones.
For how much did FLIR Systems acquire Indigo Systems, a developer of infrared imaging products, in January 2004?
Answer: $190 million
Which division did FLIR Systems sell in December 2009, specializing in manufacturing portable printers?
Answer: Extech Data Systems
What type of company was Directed Perception, acquired by FLIR Systems for $20 million in December 2009?
Answer: A security hardware maker
What was the nature and cost of FLIR Systems' acquisition of Raymarine in May 2010?
Answer: A bankrupt marine GPS maker for $180 million.
What product is Prox Dynamics known for, which FLIR acquired in December 2016?
Answer: The Black Hornet Nano-drone
What type of company was Aeryon Labs, acquired by FLIR Systems for $200 million in January 2019?
Answer: A Canadian drone maker
What was Endeavor Robotics known for, which FLIR Systems acquired in March 2019?
Answer: Unmanned ground vehicles (UGVs)
What specific technology patents did FLIR Systems acquire from Aria Insights in October 2019?
Answer: Tethered drones
FLIR Systems acquired the Canadian company Point Grey Research in November 2016 for $259 million. Which of these was NOT one of its camera lines?
Answer: Firefly
Teledyne FLIR LLC became a subsidiary of Teledyne Technologies in January 2021 after an acquisition valued at $8 billion, which was finalized in May of the same year.
Answer: True
Teledyne FLIR LLC became a subsidiary of Teledyne Technologies in January 2021, following a definitive agreement for an $8 billion acquisition that was completed in May 2021.
In 2020, over half of Teledyne FLIR LLC's revenues were generated from the U.S. federal government and its various agencies.
Answer: False
In 2020, approximately 31% of Teledyne FLIR LLC's revenues were generated from the U.S. federal government, not over half.
In 2020, Teledyne FLIR LLC reported a net income of $212 million and total assets of $3.252 billion.
Answer: True
In 2020, Teledyne FLIR LLC reported a net income of $212 million and total assets of $3.252 billion.
J. Kenneth Stringer III was fired as President and CEO of FLIR Systems in May 2000 due to a significant decline in company revenue.
Answer: False
J. Kenneth Stringer III was fired in May 2000 due to errors in the company's accounting practices, not a decline in revenue.
FLIR Systems successfully won a trade secrets claim against the founders of Indigo Systems in 2011, resulting in a large settlement payment to FLIR.
Answer: False
In 2011, FLIR Systems lost a trade secrets claim against the founders of Indigo Systems and agreed to pay $39 million to settle a countersuit.
In March 2007, FLIR Systems reported it would restate financial statements from 1995 to 2005 due to options backdating, but related investor lawsuits were later dismissed.
Answer: True
In March 2007, FLIR Systems reported it would restate financial statements from 1995 to 2005 due to options backdating, and investor lawsuits related to this issue were dismissed in November 2007.
FLIR Systems settled allegations of Foreign Corrupt Practices Act violations in April 2015 by paying $9.5 million, which involved improper payments to Saudi Arabian officials.
Answer: True
In April 2015, FLIR Systems paid $9.5 million to settle allegations of Foreign Corrupt Practices Act violations, which involved improper payments to Saudi Arabian officials.
When did Teledyne FLIR LLC officially complete its acquisition by Teledyne Technologies, and for what value?
Answer: May 2021 for $8 billion
What percentage of Teledyne FLIR LLC's 2020 revenues came from the U.S. federal government?
Answer: Approximately 31%
What was FLIR Systems' reported total revenue in 2020?
Answer: $1.923 billion
Why was J. Kenneth Stringer III fired as President and CEO of FLIR Systems in May 2000?
Answer: Due to errors in the company's accounting practices.
What was the outcome of the trade secrets dispute between FLIR Systems and the founders of Indigo Systems in 2011?
Answer: FLIR Systems lost the claim and paid $39 million to settle a countersuit.
What was the reason for FLIR Systems' financial restatement from 1995 to 2005, reported in March 2007?
Answer: Options backdating
What was the amount FLIR Systems paid to settle allegations of Foreign Corrupt Practices Act violations in April 2015?
Answer: $9.5 million
What was the total equity reported by Teledyne FLIR LLC in 2020?
Answer: $1.883 billion
FLIR Systems began supplying its imaging technology for integration into BMW vehicles starting in 2010.
Answer: False
FLIR Systems began supplying BMW with its imaging technology for use in their vehicles starting in 2005.
In February 2016, FLIR collaborated with Samsung to integrate its thermal imaging technology into a new line of smartphones.
Answer: False
In February 2016, FLIR collaborated with Bullitt Group and Caterpillar Inc. to integrate its thermal imaging technology into a mobile phone, not Samsung.
During the COVID-19 pandemic in April 2020, FLIR Systems released a thermal camera designed to identify elevated skin temperature for fever screening.
Answer: True
In April 2020, FLIR Systems released a thermal camera specifically designed to identify elevated skin temperature, which could be used as a preliminary screening tool for fever during the COVID-19 pandemic.
The FLIR ONE camera is limited to 30 frames per second due to United States regulatory concerns.
Answer: False
The FLIR ONE camera is limited to nine frames per second due to United States regulatory concerns, not 30 frames per second.
The AN/PVS-22 Universal Night Sight (UNS) was co-designed by Knight's Armament Company and OSTI Inc. for SOCOM.
Answer: True
The AN/PVS-22 Universal Night Sight was originally co-designed by Knight's Armament Company and OSTI Inc. for SOCOM.
NASA plans to use Teledyne FLIR's Boson thermal LWIR camera module in its inflatable re-entry heat shield design, as announced in October 2022.
Answer: True
NASA announced in October 2022 that it will utilize Teledyne FLIR's Boson thermal LWIR camera module in its inflatable re-entry heat shield design.
Teledyne FLIR was awarded a $48.7 million contract by the United States Navy in October 2022 for surveillance systems.
Answer: False
In October 2022, Teledyne FLIR was awarded a $48.7 million contract by the United States Coast Guard, not the Navy, for surveillance systems.
The FLIR M232 marine thermal camera is primarily used for industrial temperature measurement in manufacturing plants.
Answer: False
The FLIR M232 is identified as a marine thermal camera, indicating its primary use in maritime environments, not industrial temperature measurement in manufacturing plants.
When did FLIR Systems begin supplying BMW with its imaging technology for use in their vehicles?
Answer: 2005
Which companies collaborated with FLIR in February 2016 to incorporate its thermal imaging technology into a mobile phone?
Answer: Bullitt Group and Caterpillar Inc.
What was the purpose of the thermal camera released by FLIR Systems in April 2020 during the COVID-19 pandemic?
Answer: To identify elevated skin temperature for fever screening
What is the regulatory limitation on the FLIR ONE camera regarding its frame rate in the United States?
Answer: It is limited to 9 frames per second.
What is the official designation of the AN/PVS-22, a clip-on night vision sight built off FLIR's MilSight 105 scope?
Answer: Universal Night Sight (UNS)
Who were the original co-designers of the AN/PVS-22 Universal Night Sight for SOCOM?
Answer: Knight's Armament Company and OSTI Inc.
What specific Teledyne FLIR product will NASA utilize in its inflatable re-entry heat shield design, as announced in October 2022?
Answer: Boson thermal LWIR camera module
What contract was Teledyne FLIR awarded by the United States Coast Guard in October 2022?
Answer: A $48.7 million contract for MARFLIR II and SeaFLIR 280-HD surveillance systems.
The image caption illustrating the use of a FLIR E50 camera demonstrates its practical application during what activity?
Answer: Yacht surveys.
The primary headquarters of Teledyne FLIR LLC is located in Arlington, Virginia, with a secondary office in Wilsonville, Oregon.
Answer: False
The primary headquarters of Teledyne FLIR LLC are located in Wilsonville, Oregon, with a second headquarters in Arlington, Virginia.
FLIR Systems acquired its current headquarters building in Wilsonville, Oregon, from Mentor Graphics in 2004 for $10.3 million.
Answer: True
In 2004, FLIR Systems acquired a building in Wilsonville, Oregon, from Mentor Graphics for $10.3 million to serve as its new headquarters.
FLIR Systems established its second headquarters in Arlington County, Virginia, in October 2019.
Answer: False
FLIR Systems established its second headquarters in Arlington County, Virginia, in March 2019, not October.
Teledyne FLIR LLC has operational facilities only within the United States, primarily in Oregon and California.
Answer: False
Teledyne FLIR LLC maintains operational facilities in various global locations, including Canada, Estonia, Sweden, UAE, Norway, and the UK, in addition to multiple U.S. states.
In 2017, FLIR partnered with the WWF to deploy thermal cameras in African game preserves to prevent poaching.
Answer: True
In 2017, FLIR partnered with the WWF's Wildlife Crime Technology Project to deploy thermal cameras in game preserves across several African countries to prevent poaching.
In which city are the primary headquarters of Teledyne FLIR LLC located?
Answer: Wilsonville, Oregon
In which month of 2019 did FLIR Systems open a second headquarters in Arlington County, Virginia?
Answer: March
In 2017, FLIR partnered with the WWF's Wildlife Crime Technology Project to deploy cameras in game preserves for what purpose?
Answer: To prevent poaching.
Which of the following is NOT a global location where Teledyne FLIR LLC maintains operational facilities?
Answer: Tokyo, Japan
What was the initial location of FLIR Systems before it relocated to Portland, Oregon, in the mid-1990s?
Answer: Tigard, Oregon