Veralto Corp makes water quality testing and treatment technology along with product identification equipment used in manufacturing and packaging, spun off from Danaher to operate as an independent, publicly traded company. Its water quality business provides instruments and chemicals used by municipalities and industrial customers to test and treat water and wastewater, a business benefiting from steady, non-discretionary demand tied to water infrastructure needs. The company's product identification segment makes equipment used to mark, code and track products through manufacturing and supply chains, technology used across food, pharmaceutical and other industries for traceability and quality control. As a newly independent company separated from Danaher's broader life sciences and diagnostics portfolio, Veralto's results are now reported on a standalone basis, tied specifically to water quality and product identification end markets.