Dr. Leslie Klein reports

C-COM RECEIVES FABRIC SEMICONDUCTOR FUNDING

C-Com Satellite Systems Inc. has been awarded $412,550 funding grant over two years from ISED Canada under the CMC/FABrIC program.

Managed by CMC Microsystems, FABrIC is a five-year, $223-million initiative to secure Canada's future in semiconductors.

The project entitled "High Efficiency Beamforming IC and Intelligent Beam-forming Antenna Modules for Satellite IoT and ESA Terminals" aims to develop next generation integrated circuits which will be used in the C-Com designed Ka-band electronically steered phased array antennas as well as for satellite based IoT (Internet of Things) applications. C-Com is collaborating with MMSENSE Technologies Inc., which was also awarded a funding grant of $497,650 over the same period and will be the lead on this project.

This project was one of the total of five awarded to companies based in the province of Ontario. The total investment by all parties in this project is $2.46-million over two years.

"We are grateful to FABrIC, CMC Microsystems and Innovation, Science and Economic Development Canada (ISED) for this financial assistance," said Dr. Leslie Klein, president and chief executive officer of C-Com Satellite Systems. "This grant will allow C-Com to enter a new vertical market with a market potential of multiple billions of dollars and at the same time provide the company with its own enhanced Ka-band semiconductor IC technology, which will make our flat panel electronically steered antennas more cost effective and better performing."

"We are excited to collaborate with C-Com on advancing Canada's presence in emerging satellite communication markets," said Dr. Mohammad-Reza Nezhad-Ahmadi, chief executive officer of MMSENSE Technologies.

"FABrIC funding enables both MMSENSE and C-Com to accelerate the development of high-efficiency, low-power-consumption and cost-effective Ka-band beamforming ICs, antenna modules and active electronically scanned array (AESA) solutions. This support strengthens our ability to scale engineering efforts, move quickly from prototypes to demonstration systems, and lay the foundation for commercial deployment in satellite connectivity applications."

About FABrIC

Mandated to secure Canada's future in semiconductors. FABrIC lowers barriers faced by Canadian companies developing semiconductor manufacturing processes and Internet-connected products and services for export into global markets. Focused on four core technologies: quantum, photonics, compound semiconductors and MEMS, it offers targeted funding for Fabrication Process and Product Development. Its training, IP registry and repository, design and prototyping services, and quantum readiness programs support innovation and revitalize the domestic ecosystem.

FABrIC forcefully connects the semiconductor sector into Canada's major industrial performers: advanced manufacturing, agriculture, aerospace and defence, the auto sector, cleantech, medtech, and mining and natural resources to amplify this country's economic performance. Managed by CMC MIcrosystems, FABrIC is an Innovation, Science and Economic Development Canada (ISED) strategic innovation fund (SIF) investment.

About C-Com Satellite Systems Inc.

C-Com Satellite Systems is a pioneer and a leading global designer, developer, and manufacturer 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.

C-Com has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as oil and gas exploration, military communications, disaster management, SNG, emergency communications, cellular backhaul, telemedicine, mobile education, government services, mobile banking, and others. The company's iNetVu brand is synonymous with high quality, reliability and cost-effectiveness.

C-Com is in final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. C-Com has developed this unique multiorbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project under way at C-Com is the development of an analogue beamforming integrated circuit, which is progressing well and is expected to enter the testing phase by the middle of this year. These BFICs will be used in the manufacturing of all the company's ESA antennas with the intent to significantly reduce their cost and improve their performance.

We seek Safe Harbor.