11:20:12 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



C-Com Satellite Systems Inc
Symbol CMI
Shares Issued 41,766,400
Close 2023-08-29 C$ 1.12
Market Cap C$ 46,778,368
Recent Sedar Documents

C-Com Satellite receives $3M (U.S.) in antenna orders

2023-08-29 10:52 ET - News Release

Dr. Leslie Klein reports

C-COM RECEIVES $3 MILLION USD ANTENNA ORDERS

C-Com Satellite Systems Inc. has received $3-million (U.S.) worth of orders in August for its robust, highly portable iNetVu Manpack antenna systems and for its next-generation 1200+ vehicle mount system.

A number of these antenna systems have already been delivered to C-Com's resellers in Asia, Southeast Asia, United Arab Emirates and the United States, with the balance scheduled to be delivered in the fourth quarter of C-Com's 2023 fiscal year.

The largest portion of this order is for C-Com's Manpack antennas. This lightweight satellite antenna can be carried by a single person and be assembled without tools in less than eight minutes. It can locate the desired satellite with a simple press of a button in 30 seconds.

Several of the Manpack antennas have been modified at a request of a military customer for use by the military. These antennas will be carried and deployed by soldiers in need of rapid on-demand satellite-based communications. This is an exciting use case for this product, and C-Com will continue to market it to militaries around the world.

In addition to the significant Manpack order, C-Com has also received its first large multiunit order for its recently introduced iNetVu 1200+ next-generation vehicle mount antenna system. This newly designed antenna is equipped with the company's most advanced controller, which supports DVB-S2X as well as OpenAMIP protocol.

The 1200+ is a three-axis, fully motorized auto-pointing Ku-band antenna system. It is field upgradable to Ka-band and designed to be mounted on the roof of vehicles or transportable structures. It is an improved design of C-Com's bestselling legacy 1200 antenna system, which it will be replacing.

Several thousand iNetVu 1200s are deployed globally -- from the most northern parts of Canada to the deserts of Africa and Australia for use in disaster management, oil and gas exploration, emergency services, cellular backhaul, military, mobile banking, and in many other vertical markets.

This fully automatic antenna can be transported on a vehicle or a trailer to any location where no connectivity exists and, with a press of a button, locate the desired satellite and deliver broadband Internet connectivity.

"These orders from our global reseller network are a testimony to the quality and reliability as well as the worldwide acceptance of the iNetVu series of antennas," said Leslie Klein, president and chief executive officer of C-Com. "The ability for C-Com to rapidly deliver a large number of antennas, despite worldwide supply chain issues, is validated by large orders like these," Dr. Klein continued.

"The company continues to innovate and modernize the mobile SATCOM business by offering the highest-quality, cost-effective and most reliable products coupled with fast delivery and first-rate customer support," Dr. Klein added.

C-Com offers classic and next-generation Driveaway, Flyaway, Fixed Motorized and Manpack systems for any vertical market where communications are limited or challenging due to disruption or deficiency. The company's products are integrated with all major modem manufacturers and approved worldwide with most major satellite operators. The company works closely with more than 600 active resellers/integrators in over 100 countries.

C-Com is also in the late stages of the development of an electronically steerable, Ka-band flat-panel antenna system that is based on a patented phased array beam-forming technology. This system has the potential to revolutionize satellite addressable mobility markets (land, air, maritime).

About C-Com Satellite Systems Inc.

C-Com Satellite Systems is a pioneer and world leader in the design, development and manufacture of transportable and mobile satellite-based antenna systems. The company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling broadband Internet via satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.