Northstar Electronics, Inc.

Northstar Electronics, Inc.

NEIK
Northstar Electronics, Inc.US flagOther OTC
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128.00Market Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Howard D. Nash
Sector
Industrials
Industry
Aerospace & Defense
Address
2020 General Booth Boulevard Virginia Beach VA United States of America V6C 2G8
IPO Date
Sep 24, 1999
Business
Northstar Electronics, Inc. (NEIK) engages in research, development, and manufacturing within the aerospace, homeland security, defense, and commercial sectors, including single-engine aircraft for business applications; offshore petroleum support systems; and commercial fishing technologies. The company, founded in 1998 and headquartered in Vancouver, British Columbia, Canada, operates through subsidiaries such as National Five Holding Ltd. and Northstar Sealand Enterprises Ltd., pursuing aviation manufacturing, marketing, sales, and maintenance opportunities, including negotiations with major aviation firms. Core offerings encompass homeland security and anti-terrorism systems developed in past partnerships with Lockheed Martin divisions for U.S. Navy and Department of Homeland Security port protection initiatives; military defense contract manufacturing; sonar technologies following the 2012 acquisition of Echotec Sonar as a wholly owned subsidiary; and aviation-related products like single-engine business aircraft. Geographically, operations span Canada with historical focus on Newfoundland facilities, alongside U.S. engagements through SEC-reported activities and defense contracts. Recent developments include ongoing efforts to settle legacy debts with the Atlantic Canada Opportunity Agency stemming from former subsidiaries Northstar Technical Inc. and Northstar Network Ltd.; strategic disposition of defense manufacturing units to refocus on core sonar and aviation competencies; and maintenance of holding company structure for aviation industry expansion, though no major new funding rounds, acquisitions, or product launches have been announced since 2021 SEC disclosures amid limited public updates.