Air Squared, Inc. - Comprehensive Company Profile

Overview

Air Squared, Inc. is an industry leader in the development and manufacturing of oil-free scroll compressors, vacuum pumps, and expanders, specifically for original equipment manufacturers (OEMs) facing challenging positive displacement applications. Based in Thornton, Colorado, Air Squared has been a pioneer in scroll technology since 1991, with a diverse model range that surpasses any other company in the industry. The company generates an estimated $8.1 million in annual revenue and employs approximately 81 people.

Core Competencies and Innovations

Air Squared excels in oil-free scroll technology, leading the way in enabling compressors to function at unprecedented pressures. The company's innovative prowess is substantiated by 21 proprietary scroll technology patents and the completion of over 240 customized design projects. These innovations are integral to several critical sectors, including medical, transportation, aerospace, space, and clean energy.

Key Technologies

Oil-Free Scroll Compressors: Renowned for their low sound levels and smooth operation, Air Squared's compressors are 100% oil-free, offering efficient solutions across multiple sectors.

Custom Scroll Design and Development: Rapid development of custom solutions within six months underscores Air Squared's strong R&D capabilities.

Market Applications

Air Squared's technology solutions are pivotal to the following sectors:

Medical: The company's compact and ultra-quiet compressors enhance the efficiency of medical devices.

Automotive: High-pressure liquid-cooled compressors from Air Squared are vital for commercial electric vehicle platforms and their air braking systems.

Aerospace: Tailored engineering solutions for zero-gravity environments are a hallmark of Air Squared’s contributions to aerospace.

Clean Energy: The company’s high-efficiency designs are instrumental in fuel cell development and renewable energy applications.

Leadership and Corporate Structure

Air Squared functions under the strategic guidance of key executives:

Bryce Shaffer: Chief Executive Officer

Rob Shaffer: President

Kirk Shaffer: Chief Marketing Officer

This leadership team steers the company through strategic developments, marketing initiatives, and the commercialization of cutting-edge scroll technologies.

Environmental and Quality Standards

The company is committed to sustainability and quality, with facilities certified to ISO 14001:2015 for environmental management and ISO 9001:2015 for quality management, reflecting their commitment to conservation and superior operational processes.

Business Approach

Air Squared's business model emphasizes direct sales within the OEM market, focusing on expanding beyond existing markets to create new opportunities for oil-free scroll innovations. This strategic focus supports their technological leadership and customization for emerging markets.

Competitor Profile

Key Competitors

Air Squared operates within a competitive environment, facing challenges from:

Nichols Tillage Tools: With $5 million in revenue and 56 employees, based in Sterling, CO, specializing in aftermarket cultivation parts.

GROUND Engineering Consultants: Generates $13.9 million revenue with 139 employees, based in Denver, providing engineering services.

Baseline Engineering Corporation: Engages in planning and engineering projects across the Inter-Mountain West.

Northern Engineering: Providing land surveying and infrastructure management services, earning $9.3 million and employing 93 people.

Big R Bridge: Offers civil engineering and construction solutions for infrastructure projects.

Industry Context

Air Squared stands out with its patented oil-free scroll technology, offering reliable and tailored solutions that address the growing global demand for sustainable and efficient components. Its capacity for innovation and quality positions it favorably for potential partnerships and market expansions.

Financial and Employment Insights

Air Squared has maintained a steady workforce, exhibiting an impressive revenue-per-employee ratio, underscoring operational efficiency and effective resource management within its industry niche.