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Comtech Telecommunications Corp. Awarded $2.1 Million Order for Full-Motion Tracking Systems from Commercial Space Entity

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On August 3, 2021, Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a $2.1 million follow-on contract awarded to its Space & Component Technology division by a commercial space company. The contract focuses on full-motion large aperture antenna tracking systems, underscoring the company's expertise in critical satellite ground system projects. Comtech manufactures satellite tracking antennas from 30cm to 13m, and offers comprehensive services, including system design, installation, and maintenance. The company continues to support both government and commercial customers globally.

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  • Awarded a $2.1 million contract, enhancing revenue prospects.
  • Strong positioning in satellite ground system projects, demonstrating unique value in antenna technology.
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  • None.

August 3, 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 $2.1 million follow-on contract from a commercial space company for several full-motion large aperture antenna tracking systems.

“This award, for this important project and customer, demonstrates the unique value proposition offered by Comtech’s antenna products for use in critical satellite ground system projects,” 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 was announced by Comtech Telecommunications Corp. on August 3, 2021?

Comtech announced a $2.1 million follow-on contract for full-motion large aperture antenna tracking systems.

What is the significance of the $2.1 million contract for Comtech?

The contract emphasizes Comtech's expertise in critical satellite ground system projects and may enhance future revenue.

Which division of Comtech was awarded the contract?

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

What services does Comtech provide in relation to satellite tracking antennas?

Comtech provides design, development, integration, installation, and maintenance services for satellite tracking antennas.

How does Comtech Telecommunications Corp. support its customers?

Comtech supports a global customer base with advanced wireless solutions and emergency communication technologies.

Comtech Telecommunications

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