11.51
+9.00%
Close of 9 Nov 2026, in USD
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About 908 Devices
From its filings with the US Securities and Exchange Commission
908 Devices is based in Burlington, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker MASS. The SEC classifies its business as laboratory analytical instruments. In the fiscal year to 31 December 2025, it reported revenue of $56.2m and net income of $19.5m. At that date it held total assets of $190.1m and shareholders' equity of $143.7m.
We are making chemical analysis simple, smart and speedy with our purpose-built handheld devices that empower people to take swift action in life-altering applications.
We create simplified measurement devices that our customers can use as accurate tools where-and-when their work needs to be done, rather than overly complex and centralized analytical instrumentation. We believe the insights and answers our devices provide accelerate workflows, reduce costs, and offer transformational opportunities for our end users.
Since the launch of our first device in 2014, we have sold more than 3,700 handheld devices to over 700 customers, including numerous domestic and foreign government agencies.
Front-line workers rely upon our Mass Spec handheld devices to combat the opioid crisis and to detect counterfeit pharmaceuticals and illicit materials in the air or on surfaces at levels as low as 1,000 times below their lethal dose.
Mass Spec is the gold-standard analytical technology for laboratory-based molecular analysis and can identify and quantify sample components via molecular weight measurements. Mass Spec is highly regarded for its ability to provide an extraordinarily detailed analysis of a wide variety of samples -- from small molecules to large complex proteins. While Mass Spec is an extremely powerful analytical tool, conventional Mass Spec instruments are very large, expensive, and highly complex, which has profoundly bottlenecked market opportunities and relegated them to the equivalent of mainframe computers in central facilities.
Quoted from its 10-K, filed 9 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 18 Dec 2020
- Employees
- 172
- Website
- 908devices.com ↗
- Head office
- 44 THIRD AVENUE, BURLINGTON, MA, 01803
- Incorporated in
- DE
- Classification
- Laboratory Analytical Instruments
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. E. Kevin HrusovskyIndependent Chairman of the Board$222,504
- Dr. Kevin KnoppPresident, Chief Executive Officer, Co-Founder, Director, since 2012$2.0m
- Dr. Christopher BrownCo-Founder, Director, since 2012$1.2m
- Mr. Joseph GriffithChief Financial Officer, Treasurer$1.2m
- Mr. Michael TurnerChief Legal and Administrative Officer, Company Secretary$1.2m
- Ms. Barbara RussoVice President - Marketing and Corporate Communications
- Mr. Don OsmerVice President - Human Resources
- Mr. Jon FrattaroliVice President - Strategy
- Mr. John KennewegVice President - Government, since 2019$1.0m
- Dr. Kevin MccallionVice President - Production and New Product Introduction
- Mr. Keith CrandellIndependent Director$202,504
- Mr. Fenel EloiIndependent Director$195,004
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 49
- Environment
- 18
- Social
- 76
- Governance
- 53
- Women in the workforce
- 32%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Innovative Technology: 908 Devices Inc. is known for its cutting-edge technology in chemical analysis and detection, which sets it apart from competitors.
- Diverse Product Portfolio: The company offers a wide range of products catering to various industries, including safety and security, life sciences, and government agencies.
- Strong Intellectual Property: 908 Devices Inc. holds several patents and has a strong intellectual property portfolio, providing a significant competitive advantage.
Weaknesses
- Limited Market Penetration: Despite its innovative products, 908 Devices Inc. faces challenges in penetrating and capturing a larger market share due to intense competition.
- Reliance on External Funding: The company heavily relies on external funding to support research and development activities, which may pose financial risks.
- Geographical Limitations: 908 Devices Inc. is currently concentrated in North America, limiting its reach to other potential markets globally.
Opportunities
- Growing Demand for Safety and Security: With increasing concerns regarding safety and security, there is a growing market opportunity for 908 Devices Inc.'s products in sectors such as law enforcement and defense.
- Expansion into New Markets: By expanding its geographic presence and targeting untapped markets, the company can broaden its customer base and increase revenue.
- Technological Advancements: The continuous advancement of technology provides an opportunity for 908 Devices Inc. to further enhance its existing products or develop new innovative solutions.
Threats
- Intense Competition: The industry in which 908 Devices Inc. operates is highly competitive, with established players and new entrants constantly vying for market share.
- Regulatory Challenges: Compliance with stringent regulations and obtaining necessary certifications can be a hindrance for the company's growth and expansion into new markets.
- Economic Uncertainty: Fluctuations in the global economy can impact customer spending patterns, potentially leading to reduced demand for 908 Device Inc.'s products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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