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Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

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Comtech Telecommunications Corp. (NASDAQ: CMTL) announced on August 24, 2021, that it secured contracts worth $6.3 million for 500W Ka-band traveling wave tube amplifiers (TWTAs) aimed at military and commercial High-throughput Satellite (HTS) systems during Q4 of fiscal 2021. These amplifiers facilitate high-capacity data rates, delivering fiber-like connectivity essential for military and commercial users. Comtech's expertise in high-power amplifiers positions it as a leader in the satellite communications market.

Positive
  • Awarded contracts worth $6.3 million for 500W Ka-band TWTAs.
  • Strengthened position in the military and commercial satellite communications market.
Negative
  • Potential risks and uncertainties associated with forward-looking statements.
  • Dependence on government and commercial sectors for revenue.

MELVILLE, N.Y.--(BUSINESS WIRE)-- August 24, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating $6.3 million for 500W Ka-band traveling wave tube amplifiers (“TWTAs”) for both military and commercial High-throughput Satellite (“HTS”) systems.

HTS systems offer the high speed of fiber with the reliability, global coverage and flexibility of a satellite architecture. Military and commercial customers demand high-capacity data rates with fiber-like connectivity.

“Comtech’s 500W family of Ka-band TWTAs provide the power needed for these high-capacity connections,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “Working with Ka-band HTS system integrators and satellite operators, Comtech provides the power amplifier solutions they need.”

Comtech, a world leader in high-power amplifiers, manufactures a wide variety of tube-based and solid-state power amplifiers for military and commercial satellite uplink applications. The product range encompasses power levels from 8 W to 3 kW, with frequency coverage in sub-bands within the 2 GHz to 52 GHz spectrum. Amplifiers are available for fixed and ground-based, shipboard and airborne mobile applications. Please visit www.xicomtech.com for more information.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications 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

Comtech Investor Relations:

631-962-7005

investors@comtech.com

Source: Comtech Telecommunications Corp.

FAQ

What contracts did Comtech Telecommunications Corp. secure on August 24, 2021?

Comtech secured contracts worth $6.3 million for 500W Ka-band traveling wave tube amplifiers.

What is the significance of the 500W Ka-band TWTAs for Comtech?

The TWTAs are essential for military and commercial High-throughput Satellite systems, providing high-capacity data rates.

How does Comtech's performance in Q4 fiscal 2021 impact its stock (CMTL)?

Securing significant contracts may positively influence investor confidence and the stock's performance.

What market does Comtech Telecommunications Corp. serve?

Comtech serves the military and commercial satellite communications markets globally.

Where is Comtech Telecommunications Corp. headquartered?

Comtech is headquartered in Melville, New York.

Comtech Telecommunications

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