Industry: Specialty Industrial Machinery

Sector: Industrials

Ameritek Ventures, Inc. provides various software and hardware products and services to businesses, organizations, and governments. The company provides warehouse management systems solutions that assists in running various aspects of warehouse day-to-day operation, as well as customized interfaces with automation and variety of material handling equipment; FlexFridge, a portable fridge to cater to the cooling needs of various businesses; and DittoMask, a face mask. It is also involved in developing Webbeeo, an encrypted blockchain message and voice interaction platform for businesses; block chain technology that is expected to reduce fraud in transactional business contracts; augmented reality software to control a six-axis robotic arm; and a robotic restaurant concept. In addition, the company focuses on manufacturing fiber optics; and providing an enterprise strategic management and leadership software to small and large businesses, and government agencies. Further, it focuses on developing a drone like human transportation vehicle that transports passengers between city centers. The company was formerly known as ATVROCKN and changed its name to Ameritek Ventures, Inc. in June 2017. Ameritek Ventures, Inc. was founded in 2010 and is based in Wheeling, Illinois.

Ameritek Ventures, Inc. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.