Adacel Technologies Limited (ASX:ADA)

Adacel Technologies Ltd (ASX: ADA) is an air traffic technology company headquartered in Melbourne’s inner south-east. However, it’s really a Canadian/US technology company that does most of its business in the US. It was founded in the 80’s by Silvio Salom. Adacel sells its hardware and software to airports around the world for training/simulation and in-field use. For example, it supplies a system to members of the Australian aviation industry, installs the system, then supplies maintenance and other “services”.