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This segment focuses on the development, manufacturing, and marketing of ultrasound diagnostic equipment for various applications. Microphonics leverages its expertise in acoustical ultrasound technology to create devices used in mechanical diagnostic evaluations across industries such as manufacturing, automotive, and agriculture. Research and development efforts are directed towards improving the accuracy, reliability, and portability of these devices. The company's ultrasound equipment aids in non-destructive testing, predictive maintenance, and quality control, enabling businesses to optimize their operations and reduce downtime. Future opportunities include expanding into new markets and developing specialized ultrasound solutions for emerging applications.
Microphonics' speech recognition systems segment involves the creation of technologies that convert spoken language into machine-readable format. These systems are designed for use in industrial, governmental, and medical markets, enabling hands-free operation, voice-controlled devices, and automated data entry. The company's research focuses on improving the accuracy and robustness of speech recognition in noisy environments and across different accents. Applications include voice-activated controls in manufacturing plants, command and control systems for government agencies, and dictation software for medical professionals. Future growth potential lies in integrating AI and machine learning to enhance speech recognition capabilities and expanding into new applications such as virtual assistants and smart home devices.