ATS Corp /ATS (NYSE: ATS)

ATS Corporation delivers custom automation solutions to manufacturers seeking to increase throughput lower costs accelerate delivery and improve quality. The company serves customers in life sciences food and beverage consumer products transportation and energy markets. ATS engages in both green field projects such as equipping new factories and brown field projects including capacity expansions equipment upgrades and process optimizations. In addition to custom systems the company offers standard automation products platforms software and digital solutions and aftermarket service agreements.

Revenue is generated from the sale of custom automation systems standard automation products and related services including engineering design integration installation validation and post sale support. The company also provides software and digital solutions such as connected factory floor monitoring and data analytics. Contract values for individual systems often exceed one million dollars with some enterprise programs surpassing ten million dollars. Typical project durations range from six to twelve months while larger engagements may extend to eighteen to twenty four months or longer. Service agreements can exceed one million dollars and may span several years. In fiscal 2025 no single customer accounted for more than fifteen percent of total consolidated revenue.

The company operates through the following segments: Life Sciences Food and Beverage Consumer Products Transportation and Energy.

• Life Sciences provides automation solutions for high performance medical devices hand held and on body monitoring devices assay and chip assembly for reliable test results general pharmaceuticals and radiopharmaceuticals and large and small scale pharmacy and laboratory operations.

• Food and Beverage offers automation for food processing and packaging fresh food inspection convenience food preparation beverage filling technologies optical sorting X ray and vision inspection high speed and high precision packaging applications.

• Consumer Products supplies automation for production and packaging of personal care items cosmetics and household goods and technologies that support warehouse automation and distribution for retail and ecommerce channels.

• Transportation delivers automation for assembly and testing of automotive components with a focus on electric vehicle battery modules and packs motors rotors and axles to streamline material handling assembly workflows and testing.

• Energy addresses nuclear solar and other green energy applications supporting CANDU reactor commissioning refurbishment maintenance and decommissioning small modular reactors and large scale nuclear reactors while also providing automation for stationary fuel cells and oil and gas operations.

ATS Corporation holds a strong position in the automation industry due to its global footprint technical expertise and broad product and technology portfolio. The company operates in over eighty five locations across North America Europe Asia and other regions enabling localized service for multinational customers. Its workforce includes approximately two thousand two hundred engineers and four hundred program management personnel providing deep knowledge across diverse industrial markets. ATS emphasizes regulated industries where quality and reliability are mandatory giving it an advantage over competitors with narrower geographic or sector focus. The company’s competitive strengths include scale critical mass a full lifecycle service platform and the ability to de risk customer supply chains through automation.

The company serves manufacturers in the life sciences food and beverage consumer products transportation and energy sectors including firms that produce medical devices pharmaceuticals packaged foods personal care goods automotive components and energy equipment. While specific customer names are not disclosed in the filing ATS notes that no single customer represented more than fifteen percent of revenue in fiscal 2025.