Stock Report: FARO Technologies Inc. (FARO) Report Updated: May 20, 2013 | Print This Page

FARO Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and supports software-based three-dimensional measurement and imaging systems for manufacturing, industrial, building construction, and forensic applications. The company’s articulated electromechanical measuring devices include FaroArm, a combination of six or seven-axis, instrumented articulated measurement arm, a computer, and CAM2 software programs; FARO Laser ScanArm, a FaroArm equipped with a combination of a hard probe and non-contact line laser probe to measure products without touching them and offers a seven-axis contact/non-contact measurement device with an integrated laser scanner; and FARO Gage, an accuracy version of the FaroArm product. Its laser-based measuring devices comprise FARO Laser Tracker ION that combines a laser measurement tool, a computer, and CAM2 software programs; FARO Focus3D to measure and collect data points; and FARO 3D Imager AMP, a non-contact 3D Imager capable of collecting millions of points to generate infinitely-focused fringe patterns. The company also provides CAM2 Software, a proprietary CAD-based measurement and statistical process control software comprising CAM2 Q, CAM2 Measure X, Soft Check Tool, FARO Gage Software, and FARO Focus3D Software. In addition, it offers extended warranties, as well as support, training, and technology consulting services. The company sells its products through direct sales and distributors. It serves the automobile, aerospace, and heavy equipment markets, as well as law enforcement agencies in the Americas, Europe, Africa, and the Asia Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.