Interlink Electronics Eyes $50M Revenue as Transformative Acquisition Nears

Interlink Electronics is pursuing rapid growth through product development and acquisitions after returning to break-even. Its portfolio spans force sensors, gas and air-quality monitoring, printed electronics, smart textiles and wearable technologies. The company expects to close a pending acquisition within 60 to 90 days. The target generated more than $33 million in revenue last year, and completion could lift Interlink’s current-year revenue to nearly $50 million , moving it toward its longer-term $100 million goal. Interlink is targeting emerging applications including AI-driven air-quality and wildfire detection, robotics and medical devices. CEO Steven Bronson said the company’s combination of sensors, software, firmware and proprietary algorithms may support stronger margins and differentiate it from commoditized sensor providers.

Interlink Electronics NASDAQ: LINK is moving beyond its turnaround phase and pursuing growth through a combination of internal product development and acquisitions, Chief Executive Officer Steven Bronson said during a fireside chat hosted by Lytham Partners. Bronson said the company initially focused on the promise of its core force-sensing technology after two business units representing most of its revenue had been sold before he took control. He said Interlink reached break-even within a year after previously operating at a loss.

Over the past year, Interlink has continued investing in its gas, environmental and air-quality businesses, including both sensor and instrument operations. Bronson said the company has expanded the range of gases its products can measure and is introducing new gas-measurement instruments. The company also acquired Conductive Transfers, a smart-textile and wearable-technology business, in December 2024. Bronson said Interlink recently opened a product development and research-and-development center intended to pursue larger commercial opportunities in that market. In Scotland, Interlink’s printed-electronics and membrane-keypad business, acquired through Calman Technology in March 2023, has experienced momentum in printed electrodes, according to Bronson. He said the technology supports miniaturization for biomedical applications, including products used before RNA and DNA testing. Bronson also pointed to growing opportunities in home healthcare and point-of-care devices, where printed electrodes can be used to analyze chemistry. He said Interlink’s capabilities include ink and substrate expertise as well as high-volume precision manufacturing.

Bronson said Interlink already participates in applications related to artificial intelligence, including air-quality monitoring. The company has developed firmware, software and algorithms designed to use readings from multiple gas measurements to produce what he described as a “true air quality index.” He also said an SBIR grant supported development of a low-cost sensor platform for early wildfire detection. The platform uses AI to identify readings above normal levels that could indicate the beginning of a wildfire, potentially enabling faster response by first responders. While sensors are sometimes viewed as commoditized hardware, Bronson said Interlink differentiates itself by combining sensor and printed-electronics development with internally developed firmware, software and proprietary algorithms. He said this integrat...