Stellant Systems, Inc. (Stellant) and Comtech Telecommunications Corp. (NASDAQ: CMTL) (Comtech) today announced the companies entered into a definitive agreement under which Stellant will acquire Comtech’s Power Systems Technology (PST) product line for a total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of certain targets. The transaction was unanimously approved by the board of directors of both companies.
Comtech (NASDAQ: CMTL) today announced its fourth quarter fiscal 2023 financial results and provided its first quarter fiscal 2024 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.
XipLink Inc., the technology leader in Wireless Link Optimization, and DynaSys Networks, an up-and-coming Systems Integrator, are pleased to announce that XipLink’s industry leading Cellular optimization solution has been chosen by a Central Asian Mobile Network Operator. The project delivery is a combination of DynaSys’ services and Xiplink’s technology delivering the most advanced satellite and wireless optimization, assuring the best possible ‘goodput’ and high performance.
Comtech (NASDAQ: CMTL) announced today that it was recently awarded a U.S. Army contract with a maximum ceiling value of $544 million.
Under the contract, Comtech will provide onsite professional engineering services, as well as supply and support the company’s market leading satellite and terrestrial networking communications technologies for the Project Manager (PM) Tactical Network (TN) for the Global Field Service Representative (GFSR) support program.
The Asia Video Industry Association (AVIA) has released a study to understand the usage of different video services in Indonesia and consumer attitudes towards them. The study looked at video across social media, user-generatedcontent (UGC), linear TV, messaging services and premium OTT. This is a follow-up to its study on Premium OTT – Building its Rightful Place in the Digital Market, which was first released in September 2022 and focused on the Singapore market.
INTEGRASYS, a 33 years old global leader in advanced telecommunications solutions, is pleased to announce a strategic partnership with Network Innovations, a renowned industry player with a remarkable 35-year legacy as a global technology integrator.
The formal relationship specifically features Network Innovations’ Advanced Networks division, which is dedicated to providing end-to-end networking solutions that address the complex challenges of space and terrestrial networks, including the ever-evolving cybersecurity threats being faced today and beyond.
Comtech (NASDAQ: CMTL) announced today the company was recently awarded a $48.6 million contract to deliver Enterprise Digital Intermediate Frequency Multi-Carrier (EDIM) modems in support of U.S.
A report published by leading space consulting and market intelligence firm, Euroconsult, focusing on In-Flight Connectivity (IFC) for air travel has highlighted a second consecutive year of strong growth, with over 36,000 commercial and business aviation aircraft now equipped with onboard internet access.