WAT
Waters Corp
Waters Corp (WAT) sells fancy equipment to labs
How Do They Make Money?Waters Corp describes itself as a "specialty measurement" company, which means they sell analytical tools to labs.
WAT's product lines include:
Liquid Chromatography: The company sells High Performance Liquid Chromatography (HPLC) and Ultra High Performance Liquid Chromatography (UPLC) equipment to labs. These machines help identify the components of a liquid solution. In 2004, Waters developed a breakthrough technology called Acquity UPLC that allowed faster and more comprehensive analyses.
Mass Spectrometry: WAT sells MS equipment, which help labs identify and quantify compounds.
TA Instruments: WAT sells rheometry (measuring the viscosity of substances), calorimetry (measuring heat flow), and thermal analysis instruments through the TA Instruments family of products.
Software: WAT develops software for its own equipment and other manufacturers' instruments.
WAT sells these products to customers in the pharmaceutical, clinical, biochemical, industrial, nutritional safety, environmental, academic, and government spaces.