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Adacel Technologies Limited (ASX: ADA) Share Price and News

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Adacel Technologies Limited (ASX: ADA) is a Melbourne-based company that provides a range of services to commercial and military aerospace industries globally. The company was originally established in 1987 by three budding radar engineers and has gone on to become a world leader in air traffic control systems, training solutions and support services.

In addition to its Melbourne headquarters, Adacel has corporate offices in the United States and Canada. Its products and services are used across more than 250 locations in over 40 countries worldwide.

Adacel’s platforms encompass air traffic management systems, air traffic controller and airport driver simulation training and communications training tools. Some of its clients include NASA, the US Department of Defence, the US Air Force, and various airport and flight training facilities around the world.

Adacel shares first listed on the ASX in 1998. Operating in the aviation sector, understandably, the Adacel share price was hit hard during the coronavirus-induced sell off in February and March 2020, falling more than 60% in one month.

Adacel Technologies Limited (ASX: ADA) Latest News

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