Atomos has commenced trading on the Australian Securities Exchange, promising to double the product line in the next 12-24 months.
In a bold, strategic move towards further growth and domination of the monitor-recorder device market, Atomos issued over 14 million new shares at $0.41 per share, raising $6 million in capital to begin trading on the ASX, as of the 28th of December.
New Products On The Horizon
This is backed up by the plan to double the current product line from seven core devices (Ninja V, SUMO, Shogun Inferno, for example) to 14 devices over the next 12 to 24 months. This is exciting news after the great reception the Ninja V has received from the filmmaking community, since its launch earlier this year.
Atomos has capitalized on DSLR, mirrorless and pro video cameras to become the go-to brand for monitor-recorder devices. With $6 million capital raised, Atomos plans to grow into the social and entertainment markets, as well as developing new products following the Ninja V.
Jeremy Young, CEO of Atomos, will now be joined by Chris Tait (WH Smith Strategy Director and Henslow founder), Neil Chatfield (Chairman of Seek Limited and Costa Group) and the founder of Imagination Technologies, Sir Hossein Yassaie. According to Atomos, these additions to the board of directors give Atomos a wealth of knowledge and experience from a variety of backgrounds.
We look forward to seeing how this move impacts Atomos’ product lineup, and how those products can help filmmakers all over the world expand their content creation possibilities. It’s certainly interesting to see how Atomos evolves as an “external recorder company” as internal recording in new cameras becomes better and better.
What new products would you like to see Atomos develop in 2019? Let us know in the comments!