Market ExpansionThe Electrochem integration is nearly complete, expanding ULBI into new markets such as pipeline inspection, seismic telemetry, and sonobuoys.
Regulatory ApprovalULBI's partner on the medical wearable opportunity received FDA approval, which should translate to material orders.
Sales GrowthULBI reported sales were $50.7M, up 32% year-over-year, exceeding the estimate of $48.0M.