What is Micro Instrumentation and Telemetry Systems (MITS)?

What does MITS stand for?

Micro Instrumentation and Telemetry SySTEMs (MITS) became an American electronics corporation that is famous for growing the Altair 8800 Laptop in addition to the organisation that Bill Gates and Paul Allen worked for before founding Microsoft. MITS became founded by using Henry Edward Roberts and Forrest Mims in December 1969 in Albuquerque, New Mexico, and its first product was a miniaturized Digital and telemetry Device for Model rockets.

What Does Micro Instrumentation and Telemetry Systems Mean?

Micro Instrumentation and Telemetry Systems became a agency that cHanged into born out of the "Space Race" among the uNited States and the previous USSR, which resulted inside the popularity of the version rocketry hobby. It changed into based by using Henry Edward Roberts, an electrical Engineer and a US Air Force commissioned officer, Forrest Mims, also a commissioned USAF officer with a high-quality inclination towards era. They have been later Joined with the aid of Bob Zaller, also a USAF officer, and Stan Cagle, who came up with the name Micro Instrumentation and Telemetry Systems, which become shortened to MITS due to the fact Mims wanted an Acronym similar to MIT.

The very first products bought via MITS in 1969 were electronic telemetry Modules intended for model rocket steerage and manage. They later sold the Opticom, which turned into a tool that transferred voice the usage of light, however they ended up promoting handiest one hundred devices. The company had its massive spoil in 1971 when it began promoting the MITS 816 four-feature calculator, which sold hundreds of gadgets in keePing with month, but due to steep competition from Texas Instruments, Bowmar Instrument Corporation and Commodore Business Machines, that may produce calculators inexpensive than the entire rate of the additives utilized by MITS, the enterprise pulled out of the calculator marketplace. It changed into later in 1974 when MITS cemented its legacy in history whilst it produced the Altair 8800, the gadget that triggered Bill Gates and Paul Allen to transport to Albuquerque, New Mexico, and co-determined Microsoft there. Roberts Eventually bored with his management Function in MITS and bought the company to one of its suppliers, Pertec Computer Corporation, for $6 million in shares, which culminated in May of 1977.