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Comtech Telecommunications Corp. Awarded $1.5 Million Contract for SATCOM Antenna Feeds for a Major U.S. Satellite Communications Manufacturer

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On August 4, 2021, Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a $1.5 million contract awarded to its Space & Component Technology division by a major U.S. satellite communications manufacturer. This contract is for SATCOM antenna feeds for a 1.3 meter Fly-Away Terminal. CEO Fred Kornberg emphasized the company's commitment to delivering high-performance SATCOM solutions for both military and commercial markets. Comtech specializes in various satellite communication systems, offering a range of products from antennas to comprehensive system integration services.

Positive
  • Awarded a $1.5 million contract, indicating strong demand for SATCOM products.
  • Demonstrates successful penetration into the satellite communications market.
Negative
  • None.

August 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a $1.5 million contract from a major U.S. satellite communications manufacturer for SATCOM antenna feeds for their 1.3 meter Fly-Away Terminal.

“This order demonstrates the success of supplying our advanced products to the satellite communications market. Comtech remains dedicated and focused on providing our customers the highest-performance, most cost-effective SATCOM solutions available to support both warfighters and the commercial marketplace,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

The contract was awarded to Comtech’s Space & Component Technology (“SCT”) division, which specializes in ground station systems and life cycle management, as well as the supply of high reliability microelectronics (“EEE parts”) for use in satellite, launch vehicle and manned space applications.

Satellite tracking antennas are manufactured from 30cm to 13m, as well as RF feeds, radomes and carbon fiber reflectors, for LEO, MEO and GEO orbits, for customers worldwide, for all frequency bands. This encompasses all aspects of use including requirements definition and analysis, design, development and integration of turnkey systems from antenna to data processing, civil works and construction, software, station installation and verification, operations and maintenance and decommissioning at end of life. For more information, visit www.comtechspace.com.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in Melville, New York and with a passion for customer success, Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

FAQ

What recent contract did Comtech Telecommunications Corp. secure?

Comtech secured a $1.5 million contract for SATCOM antenna feeds.

Which division of Comtech was awarded the contract?

The contract was awarded to Comtech's Space & Component Technology division.

What is the purpose of the $1.5 million contract for Comtech?

The contract is for supplying SATCOM antenna feeds for a 1.3 meter Fly-Away Terminal.

Who is the CEO of Comtech and what did he say about the contract?

CEO Fred Kornberg highlighted the company's dedication to providing high-performance SATCOM solutions.

When was the contract announced by Comtech Telecommunications Corp.?

The contract was announced on August 4, 2021.

Comtech Telecommunications

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