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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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Comtech Telecommunications Corp. (NASDAQ: CMTL) has secured a follow-on contract worth $2.1 million during Q4 of fiscal year 2021 from a commercial space company for several large aperture antenna tracking systems. This contract highlights the value of Comtech’s antenna products in critical satellite ground systems. The award was made to Comtech’s Space & Component Technology division, specializing in ground station systems and microelectronics for satellite applications. Comtech offers a range of antenna products for various orbits and frequency bands, serving clients globally.

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  • Awarded a $2.1 million contract, indicating a strong business relationship with a commercial space company.
  • Demonstrates value proposition of Comtech's antenna products in critical satellite ground system projects.
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  • None.

August 2, 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.

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FAQ

What is the recent contract awarded to Comtech Telecommunications Corp. (CMTL)?

Comtech Telecommunications Corp. was awarded a $2.1 million contract from a commercial space company for several large aperture antenna tracking systems.

How much is the newly awarded contract for Comtech Telecommunications Corp. (CMTL)?

The awarded contract is worth $2.1 million.

Which division of Comtech Telecommunications Corp. (CMTL) received the contract?

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

What products does Comtech Telecommunications Corp. (CMTL) offer under the new contract?

Comtech offers large aperture antenna tracking systems as part of the new contract.

When was the contract awarded to Comtech Telecommunications Corp. (CMTL)?

The contract was awarded during the fourth quarter of fiscal year 2021.

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