Search company, investor...

Founded Year

1985

Stage

IPO | IPO

Total Raised

$35.05M

Date of IPO

11/2/2017

Market Cap

7.33B

Stock Price

89.86

About Altair

Altair (NASDAQ: ALTR) is a technology company. It provides software and cloud-based solutions in the areas of simulation, high-performance computing (HPC), and data analytics. It serves industries such as aerospace, automotive, energy, and more. The company was founded in 1985 and is based in Troy, Michigan.

Headquarters Location

1820 East Big Beaver Road

Troy, Michigan, 48083,

United States

248-614-2400

Loading...

ESPs containing Altair

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Manufacturing Tech

The engineering simulation software market enables engineers and designers to create virtual prototypes, simulate the behavior of physical systems, and analyze various factors such as structural integrity, fluid dynamics, heat transfer, and electromagnetic effects. These simulation tools enable engineers to test and refine designs in a virtual environment, reducing the time and cost associated wit…

Altair named as Leader among 12 other companies, including Dassault Systemes, Ansys, and Wolfram Research.

Loading...

Research containing Altair

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Altair in 2 CB Insights research briefs, most recently on Dec 1, 2023.

Expert Collections containing Altair

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Altair is included in 3 Expert Collections, including Construction Tech.

C

Construction Tech

1,071 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

A

Advanced Manufacturing

3,234 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

J

Job Site Tech

590 items

Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork

Altair Patents

Altair has filed 81 patents.

The 3 most popular patent topics include:

  • fluid dynamics
  • numerical analysis
  • computational fluid dynamics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/1/2020

1/16/2024

Fluid dynamics, Filters, Lateral consonants, Aerodynamics, Click consonants

Grant

Application Date

4/1/2020

Grant Date

1/16/2024

Title

Related Topics

Fluid dynamics, Filters, Lateral consonants, Aerodynamics, Click consonants

Status

Grant

Latest Altair News

Altair Enlighten Award 2024 for sustainable, lightweight design opens for entries

Feb 22, 2024

159 Views Share - Altair, a global leader in computational intelligence, has announced that the 2024 Altair Enlighten Award is now open for submissions. Presented annually in conjunction with the Centre for Automotive Research (CAR), the award honours the greatest sustainability and lightweighting advancements that reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts. “The Enlighten Award puts the automotive industry’s finest achievements in sustainable technology on display, and we are thrilled to once again crown the latest and greatest technology available,” said James R. Scapa, founder and chief executive officer, Altair. “As we continue to see the urgent need for greener, more sustainable global transportation technology, the Enlighten Award is the premier award that showcases the future of the automotive industry’s sustainability efforts.” This year the Enlighten Award features a new category, ‘Sustainable Computing’, sponsored by Google Cloud, which recognizes implementing practices and technologies that prioritize sustainable measurement, optimizing resource and energy efficiency, unlocking new opportunities for low-carbon transition, and building more sustainable and eco-friendly computing. This year’s full category list is: Sustainable Product – Recognizes a production vehicle (or major system module) embracing emissions reduction, lightweighting, material circularity, and safety advances. Sustainable Process – Recognizes processes that enable emissions reductions, material reuse and/or recycling, and water conservation during manufacturing or engineering phases. Module Lightweighting – Recognizes mass reduction of a vehicle module, subsystem, or component. Enabling Technology – Recognizes technology advancements that enable vehicle lightweighting, including a material, production process, design method, or joining technology. Future of Lightweighting – Recognizes a process, material, or technology not in production, but has significant potential to advance vehicle lightweighting. Responsible AI – Recognizes responsible AI deployment throughout the automotive value chain – from design, engineering, and operation to production and in-service use. Sustainable Computing – Recognizes implementing practices and technologies that prioritize energy efficiency, renewable energy use, reducing environmental impact, and contributing to more sustainable and eco-friendly computing. “Google Cloud is thrilled to be working with Altair for this year’s Enlighten Award,” said Justin Keeble, managing director for global sustainability, Google Cloud. “We know Altair has long committed to helping organizations design and manufacture their products in a more sustainable way – we are proud to help those same organizations decarbonize their digital footprints and work more sustainably." “We are certain that the 12th edition of the Enlighten Award will be the most innovative edition yet and are delighted to once again present this award together with Altair,” said Alan Amici, president and chief executive officer, Centre for Automotive Research. “Automotive sustainability is a global imperative – we are honoured to highlight the industry’s best achievements and recognize global organizations of all specialties and sizes.” An award that garners interest from industry, engineering, policymakers, educators, students, and the public alike, the Altair Enlighten Award showcases the latest and greatest technology innovations dedicated to sustainability. Past winners of the Enlighten Award include GM, Ford, Stellantis, Harley-Davidson, Toyota, Nissan, Mazda, Ferrari, JLR, Mercedes, BMW, SAIC-GM-Wuling (SGMW), and many more. Media partners for the 2024 Altair Enlighten Award include SAE, Automotive Engineering, Tech Briefs, Automobil Industrie, and Autocar Professional. To learn more about the Enlighten Award or to submit an entry, visit  https://altair.com/enlighten- award. Entries must be received by May 31, 2024. Final judging will occur in late June and the winners will be announced during an award ceremony on August 6, 2024, at the annual CAR Management Briefing Seminars (MBS). ALSO READ:

Altair Frequently Asked Questions (FAQ)

  • When was Altair founded?

    Altair was founded in 1985.

  • Where is Altair's headquarters?

    Altair's headquarters is located at 1820 East Big Beaver Road, Troy.

  • What is Altair's latest funding round?

    Altair's latest funding round is IPO.

  • How much did Altair raise?

    Altair raised a total of $35.05M.

  • Who are the investors of Altair?

    Investors of Altair include General Atlantic.

  • Who are Altair's competitors?

    Competitors of Altair include Mosaic Smart Data and 2 more.

Loading...

Compare Altair to Competitors

C
CoCreate

Provider of collaborative product design solutions.

S
ShipReality

ShipReality operates as a software company that focuses on developing extended reality (XR) applications in the shipping industry. The company's main offerings include a three-dimensional (3D) design and engineering metaverse platform, remote maintenance and energy efficiency solutions for ships, and an industrial metaverse for real-time 3D multi-user VR/AR/MR visualization and sharing. ShipReality primarily serves the shipping industry, with a particular focus on addressing challenges related to decarbonization and remote operations. It was founded in 2018 and is based in Wilmington, Delaware.

Magic Leap Logo
Magic Leap

Magic Leap operates as an augmented reality company developing human computing interfaces and software. It offers a wearable device that allows users to see and interact with digital content on a live platform. Its products include a headset, a processor unit, and a controller powered by the spatial operating system. The company was founded in 2010 and is based in Plantation, Florida.

G
Generative Engineering

Generative Engineering operates in the engineering sector. Its main focus is to provide engineering solutions at a rapid pace. The company primarily serves the industrial sector. It was founded in 2021 and is based in London, United Kingdom.

SolidWorks Logo
SolidWorks

SolidWorks is a company that specializes in the development and marketing of software in the technology sector. Its main offerings include 3D CAD design software, analysis software, and product data management software, which are used for product design engineering. The company primarily serves the engineering and design sectors. It was founded in 1993 and is based in Waltham, Massachusetts. SolidWorks operates as a subsidiary of Dassault Systemes.

N
Neuron Digital

Neuron Digital is a company focused on digital transformation in the built environment sector. The company offers a range of solutions including digital platforms for smart buildings, energy management, sustainability initiatives, and Internet of Things (IoT) integration. These services primarily cater to the real estate tech industry. It was founded in 2021 and is based in Hong Kong, Hong Kong.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.