AT&S Ventures into Defense Sector Amid Global Uncertainties

In response to escalating global uncertainties and geopolitical tensions, AT&S, a leading provider of high-quality IC substrates and printed circuit boards, is set to expand its business into the defense sector. This strategic move aims to address the growing demand for security-related solutions from its facility in Leoben, Austria.

The decision to enter the defense market is rooted in a commitment to societal responsibility. AT&S recognizes that the ability for individuals to live in safety is fundamental to the exercise of their rights and the pursuit of freedom. The company has received inquiries from existing clients regarding defense solutions and plans to actively engage potential new clients in this sector.

AT&S is strategically positioning itself to ensure long-term planning security while tapping into technologically advanced fields that are resilient to economic fluctuations. This initiative is expected to enhance the company's economic foundation and preserve jobs at its Austrian locations.

Currently, the Leoben production facilities are being carefully adjusted to meet the requirements of the defense industry. This includes assessing whether structural and technical modifications are necessary to comply with international standards for defense production. In the medium term, AT&S anticipates generating annual revenues in the mid-double-digit million euro range from this new segment.

Furthermore, the company is committed to adhering to Environmental, Social, and Governance (ESG) criteria, recognizing that security-related technologies play a crucial role in upholding democratic values and protecting individuals across Europe. AT&S emphasizes a responsible and compliant approach to its defense activities, which will strictly follow the legal frameworks established by the Republic of Austria and the European Union.

With a history of developing high-tech solutions applicable in both civilian and security contexts, AT&S aims to focus on applications that contribute to defense, prevention, and stabilization efforts, particularly for security authorities and critical infrastructure.

This expansion into the defense sector not only aligns with AT&S's technological capabilities but also serves to fortify its market position for the future.