Flexpoint Sensor Systems Inc. Stock Analysis FLXT

Flexpoint Sensor Systems, Inc. engages in the design, engineering, and manufacture of bend sensor technology and products. The company is headquartered in West Jordan, Utah and currently employs 3 full-time employees. The company went IPO on 2001-07-11. The Bend Sensor is a flexible potentiometer; the bend sensor consists of a coated substrate, such as plastic, that changes electrical conductivity as it is bent in a consistent manner. The electronic systems connect to this sensor and measure in detail the amount of bending or movement that occurs in a predictable manner. The company has developed various applications and devices using the Bend Sensor technology and is marketing these items: glove systems, automotive products, flow control applications, monitoring systems, swell sensor and other applications. These glove systems, combined with edge software applications, also adapt to a range of other applications, including health rehabilitation, unmanned systems control, smartphone interaction and professional training across multiple industries.