The roots of Andres Industries AG go back to 1999, when Dr. Björn Andres, founder and CEO, developed a rugged case for his handheld device while still studying. Initially, this in-house design was only used among close friends, but in 2006 the meanwhile well-established company was already converted into a public limited company, which has since operated under the name Andres Industries AG. In 2012, a major realignment took place with a focus on thermal imaging technology. The goal of this strategic decision was to make the company more independent of developments in the IT market. This change marked an important milestone in the history of Andres Industries AG, and since then the company has continued to strengthen its position in the field of thermal imaging technology.
2012
Entry into thermal imaging with the TIMRO-640 thermal imaging goggles
2017
Launch of the world's smallest thermal imaging goggles: TILO
First equipment supplied to German police units
Second capital increase
2018
Total company revenue increases by 80%
2019
Thermal imaging revenue exceeds all other product groups combined for the first time
2020
Launch of TigIR
Military units begin first trials of TILO and TigIR
Total company revenue increases by 50%
Move into new headquarters, expansion of production capacity
2021
Military projects move to the forefront, total company revenue increases by 50%
European armed forces order TigIR and TILO for testing and pilot projects
2022
More and more trials are successfully completed and turn into orders
Security policy situation leads to significant increase of originally planned order quantities
Military projects now make up the majority of new orders
Massive expansion of production capacities
Expected revenue approx. 75% higher than in the previous year
