Valtek is a prime example of how a simple company can grow based on its competence and know- how supported in a structure as Westport Fuel Systems that is able to highlights our engineering skills and to provide industrial investment to sustain all new initiatives.
An extremely diverse organization, Valtek designs, develops and manufactures a wide range of components for both engine and platform applications.
Over the years, we have developed a leading position in most of the markets we serve by using state-of-the-art technologies and providing innovative products to our clients. As a solution provider for our customers, Valtek is able to design, test and manufacture integrated components leveraging the expertise of our in-house team and the product-specific knowledge of the other Westport Fuel Systems group companies.
We're proud of our longstanding relationship with customers, some of them being served for over 20 years. Product and service quality, as well as early involvement of Valtek in customers' research and development process have contributed to strengthen these relationships and, overtime, served to reinforce customer loyalty.
Valtek has made a conscious effort to deliver more value to our customers, not just in pure product terms, but also on service and innovation levels. Our patent portfolio continues to grow, mostly related to components changes, durability or safety issues.
We are responding to the growing industry trend for tailored-made products for specific applications, to ensure the highest performance in terms of efficiency, effectiveness and cost saving. This ensures that our products and the customer's product are as perfect as can be, through improvements during the development process that enhance product function and reliability.
Valtek holds a significant share of the market and we expect further increase in sales through new products currently in production.
Worldwide, Westport Fuel Systems and its affiliates have filed over 950 patent applications, relating to more than 225 inventions. And we held about 400 issued patents worldwide, including more than 90 issued U.S. patents.
Westport Fuel Systems' extensive intellectual property (IP) portfolio gives Westport Fuel Systems and its partners a competitive advantage. Our expertise includes: injectors (combined gaseous fuel/pilot fuel injectors and monofuel injectors), combustion chamber geometry and control strategies, engine fuel systems, cryogenic storage and delivery (cryogenic tanks and cryogenic pumps), compressors, vehicle integration, and other related technologies.
Valtek has developed, over time, leading position in most of the markets it serves by utilizing state-of-the-art technologies and enabling our customers to meet new challenges taking in account always safety and cost targets, while reducing time-to-market.
In addition, it positions itself as a "solution provider" for its customers, able to design, test and manufacture full systems in close coordination with OEMs’ own R&D depts
The automotive industry demands competitive systems that meet increasingly stringent regulations. We are committed to a partnership process that supports our customer’s global strategies. Continuosly enhancing our innovation capabilities, we supply cutting-edge solutions, products and services.
Increasingly, more and more products are developed for a specific application. This is to ensure that our products and the customer’s product are as correctly designed but it is also the fact that by working closely with us the product cannot be just improved but that we are able to provide solutions that will enhance the function of the product and add reliability.
We have made a conscious effort to deliver more value to our customers, not just in mere product terms, but also on service and innovation levels. Every year the company applies for a number of patents, mostly related to components changes, durability or safety issues.
Our strategy & policy is to supply only tailored made products in order to have excellent performances in terms of efficiency, effectiveness and cost saving. We drive the company know-how - which derives from a long cumulated experience—aiming to offer the best combined performance.
Valtek is focused on a strategic path that balances the demands for succeeding in both the present global economy and the future global market opportunities. Our technology leadership and intellectual property continue to be key to our strategy, for giving us a competitive advantage maintaining profit margins. To support this strategy we continue to invest in R&D, capture proprietary rights in strategic Innovations, and manage our portfolio of proprietary rights to ensure that it is aligned with our technology and business plans.