Triton Celebrates 25 Years of Innovation
CHELMSFORD, MA, November 14, 2017: Triton Systems (Triton), a product development and venturing company that innovates technologies and leverages that innovation to build commercial enterprises, recently held an anniversary event at its headquarters in Chelmsford, MA to celebrate 25 years of success.
Founded in 1992 by Ross Haghighat to develop innovative materials technologies to impact the commercial marketplace, Triton has since grown into a global product development, incubation, and venturing firm. Its successful spinout businesses have attracted over $500M in investment and generated hundreds of millions of dollars in revenue, while creating several billion dollars in shareholder value with award winning products that have been showcased globally and commercialized in broad markets.
Triton and its spinoff companies are responsible for:
- Employing nearly 1,000 employees worldwide
- Creating over 250 patents
- >$170M in annual revenue
- $500M in investments
- >$1B in Shareholder value
- Locations and manufacturing plants in four continents
- Markets impacted include biotech, water treatment, environmentally friendly plastics, sensors and electronic devices, defense and aerospace
- Spinoff successes include Aduro Biotech (www.aduro.com), FRX Polymers (www.frxpolymers.com), Sensera (www.sensera.com) and Fluence Corporation (www.fluencecorp.com).
The anniversary event took place on September 28th, 2017 with current and former employees, colleagues, partners, investors, friends and the community joining to celebrate its 25th year milestone. We shared great stories and laughs, paid tribute to our most valued company asset – our employees, and honored long-term members of our team. Technologists and inventors were also able to reflect on some of the innovations that came out of the company.
“Celebrating 25 years of innovation is a rewarding accomplishment for the company,” said Ross Haghighat, Chairman and CEO. “We celebrate the success of our team members and our clients. We are a group of motivated professionals with a passion to innovate, bound together with a single mission to bring change to our world. As we look to the future, we expect the company to continue to grow and maintain its goal of creating cutting edge technology that impacts the world around us.”
Timeline of Technology, Awards, Accomplishments Since 1992
About Triton Systems, Inc. (www.tritonsystems.com)
Triton Systems, (Triton) was founded as a technology and business incubator in 1992. Headquartered in Chelmsford, MA, Triton has grown to a global footprint by taking breakthrough ideas in a broad range of disciplines and creating a series of commercial products and independent spin-offs, represented by over $2B in shareholder value across its portfolio of companies. By partnering in-house technical, business and financial expertise with targeted external resources, Triton delivers creative solutions to the marketplace through licensed products, joint ventures and independent entities. Company spinoffs, products and divisions include: FRX Polymers, Inc. (www.frxpolymers.com), Sensera (www.sensera.com), SI2 Technologies (www.si2technologies.com), Fluence Corp. (www.fluencecorp.com), Aduro Biotech (www.aduro.com), FRA Composites (www.fracomp.com), and VOmax (www.vomax.com).