About LR Tech
LR Tech is a company based in Levis (Canada) founded in 2003 was acquired by Exosens in September 2024.. LR Tech offers products and services including FTIR Spectroradiometer and Integrated Software Solutions. LR Tech operates in a competitive market with competitors including Leonardo, Embraer, Aviation Industry Corporation of China, Collins Aerospace and Sikorsky, among others.
- Headquarter Levis, Canada
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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Products & Services of LR Tech
LR Tech offers a comprehensive portfolio of products and services, including FTIR Spectroradiometer and Integrated Software Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Measures atmospheric parameters for environmental and meteorological applications.
Provides automated analysis of atmospheric data in real-time.
Funding Insights of LR Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LR Tech
LR Tech has secured backing from 1 investor. Prominent investors backing the company include Exosens. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Supplier of photo detection and light imaging solutions
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by LR Tech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LR Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lr Tech Comparisons
Competitors of LR Tech
LR Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Leonardo, Embraer, Aviation Industry Corporation of China, Collins Aerospace and Sikorsky, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Helicopters, aircraft, and defense products are manufactured by Leonardo.
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Manufacturer of commercial, military, executive, and agricultural aircraft
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Provides aviation weaponry and civil aviation equipment to aerospace and defense industry
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Suppliers of aerospace and defense products
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Aircraft and helicopters are manufactured for civilian and defense sectors.
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Military aircraft and aerospace systems are manufactured by the company.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LR Tech
When was LR Tech founded?
LR Tech was founded in 2003.
Where is LR Tech located?
LR Tech is headquartered in Levis, Canada. It is registered at Levis, Quebec, Canada.
What does LR Tech do?
LR Tech was founded in 2003 in Levis, Canada, where spectroradiometers and infrared imaging solutions are developed and manufactured. These products support atmospheric sounding and remote sensing operations in defense, research, and environmental sectors. Measurements of atmospheric phenomena, climate change, and environmental conditions are enabled through robust, high-sensitivity designs tailored for industrial applications.
Who are the top competitors of LR Tech?
LR Tech's top competitors include Aviation Industry Corporation of China, Embraer and Leonardo.
What products or services does LR Tech offer?
LR Tech offers FTIR Spectroradiometer and Integrated Software Solutions.
Who are LR Tech's investors?
LR Tech has 1 investor. Key investors include Exosens.