Advance Braking Technology (ASX:ABT) has announced its expansion into global markets with its patented Sealed Integrated Braking System (SIBS) gaining significant traction in the mining, defense, and civil infrastructure sectors. The company's innovative braking solutions, including the BrakeSAFE brake system, have been designed, developed, tested, and manufactured in Australia, showcasing over 25 years of expertise in FailSafe Braking. ABT's revenue split indicates a 40% contribution from overseas locations, including North America, Europe, Asia-Pacific, South Africa, South America, and Antarctica, with the remaining 60% from the Australian market.
ABT's strategic horizon focuses on continuous improvement, product innovation, and supply chain expansion to support step change growth and scale. The company aims to engage with its international customer base, advance its technology, and develop SIBS products to support broader vehicle applications. Additionally, ABT plans to pursue joint ventures, partnering, and acquisitions to further its growth strategy. The team, led by Chief Executive Officer Andrew Booth, Chief Financial Officer Angela Godbeer, Sales and Marketing Officer Ben Weetman, and Operations and Engineer Director Cale Ginbey, is committed to driving ABT's growth and maintaining its strong foundations for scalability and sustained profitability.
Advance Braking Technology (ASX:ABT) has successfully expanded its global reach with its innovative braking solutions, particularly the patented Sealed Integrated Braking System (SIBS), which has gained significant traction in the mining, defense, and civil infrastructure sectors. The company's revenue split indicates a 40% contribution from overseas locations, including North America, Europe, Asia-Pacific, South Africa, South America, and Antarctica, with the remaining 60% from the Australian market. ABT's strategic horizon focuses on continuous improvement, product innovation, and supply chain expansion to support step change growth and scale. The company's growth strategy includes focused sales and marketing engagement, product innovation, SIBS product development, supply chain expansion, and continuous improvement, as well as joint ventures, partnering, and acquisitions. With a strong leadership team and valuable intellectual property, ABT is well-positioned for sustained profitability and international market growth.