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    ALU   AU000000ALU8

ALTIUM LIMITED

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Altium : Advances STEM Education with Expanded Curriculum and New Partnerships

08/05/2021 | 10:01am EST

Sparking a Passion for Electronics Design Worldwide

In September 2020, Altium LLC, the leading printed circuit board (PCB) software company, launched Upverter Education, a free distance learning initiative to support STEM educators.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210805005355/en/

Start your school year right with Upverter Education, an award-winning electronics design curriculum. (Photo: Altium LLC)

Start your school year right with Upverter Education, an award-winning electronics design curriculum. (Photo: Altium LLC)

The free Electronics Design Essentials program was designed for high school STEM teachers covering everything from engineering to robotics, with guided courses, certification and Upverter, an easy-to-use web-based tool for electronics design.

Rea Callender, Vice President of Altium Education, elaborates, “Through Altium’s education initiatives, beginning with Upverter Education, we are introducing students of all ages to electronics design and sparking passion in people where they never knew it existed. You can’t have a passion for something if you don’t know it exists!”

Cultivating Greater Student Knowledge with Expanded Curriculums

To better support STEM educators, in summer 2021, a free, more advanced Upverter Education program was launched to further empower progressive learning.

The advanced program—the Upverter Modular Electronics Design—focuses on modular board design, allowing students to grow their knowledge while applying the fundamental concepts, empowering progressive learning in virtual, hybrid, and in-person classroom settings.

The modular design program delves deeper into the electronics design process, allowing students to work with a drag-and-drop interface, taking them step by step through the creation of hardware designs.

Empowering STEM Educators Worldwide with Google Classroom and First Robotics

Upverter Education recently became a Google Classroom partner, as part of the Google for Education initiative. The partnership adds multiple tools to the Upverter Education website, including Google Single Sign On, Classroom Share, and Classroom Rostering, expanding access to teachers and students worldwide.

Upverter Education has also partnered with First Robotics and have been included as a free resource in this year's "Virtual Kit" giving robotics teams access to curriculum and tools teaching electronics design.

As Rea Callender elaborates, “We are delighted to have created a relationship with First Robotics in support of their teams as well as with Google Classroom, bringing Upverter Education to a much broader, global audience.”

For more information about Upverter Education, please visit education.upverter.com.

For a detailed overview of teacher resources, please click here to view testimonials and here to view the Upverter Education Teacher’s Guide.

​​About Altium

Altium, LLC (ASX:ALU) is a global software company headquartered in San Diego, California, accelerating the pace of innovation through electronics. For over 30 years, Altium has been delivering software that maximizes the productivity of PCB designers and electrical engineers. From individual inventors to multinational corporations, more PCB designers and engineers choose Altium software to design and realize electronics-based products.

About Upverter Education

Upverter Education, launched by Altium in September 2020, is addressing an important societal need by empowering STEM educators teaching engineering, electronics design, and robotics with free essential tools and classroom resources. The program has been honored with multiple awards in 2021, including the EdTech Breakthrough Award for Best Engineering Learning Solution and the Gold STEVIE® American Business Award in the Virtual Learning Solution category, further validating Altium’s innovative approach to supporting STEM education.


ę Business Wire 2021
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Financials
Sales 2022 290 M 206 M 206 M
Net income 2022 73,2 M 52,1 M 52,1 M
Net cash 2022 280 M 199 M 199 M
P/E ratio 2022 82,3x
Yield 2022 1,12%
Capitalization 5 369 M 3 822 M 3 822 M
EV / Sales 2022 17,6x
EV / Sales 2023 15,0x
Nbr of Employees 759
Free-Float 81,4%
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Number of Analysts 11
Last Close Price 40,84 AUD
Average target price 35,23 AUD
Spread / Average Target -13,7%
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Managers and Directors
Aram Mirkazemi Chief Executive Officer & Executive Director
Sergiy Kostinsky President, Executive Director & CTO
Martin Ive Chief Financial Officer
Samuel Scott Weiss Non-Executive Chairman
David Read Chief Operating Officer
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