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Comtech Telecommunications Corp. Awarded Contract for 21.5m Radome from Commercial Space Company

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Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a follow-on order for a 21.5m radome from a multinational infrastructure support company during its second quarter of fiscal year 2021. This order highlights the success of previous collaborations with the customer in satellite ground systems. Comtech’s Space & Component Technology Division specializes in high-reliability microelectronics and offers services that span the ground station life cycle. The company continues to innovate in advanced communications solutions for both commercial and government markets.

Positive
  • Follow-on order for a 21.5m radome strengthens customer relationship.
  • Demonstrates successful previous collaborations with the multinational infrastructure support customer.
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February 22, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal year 2021, its Mission-Critical Technologies group’s Space & Component Technology Division, which is part of Comtech’s Government Solutions segment, was awarded a follow-on order from a multinational infrastructure support company for a 21.5m radome.

"Based on our success with this customer on the first radome we supplied, we are quite pleased that we were able to secure a follow-on order, providing our customer with the product and service they require for their satellite ground system and radar project,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

For over 40 years, Comtech’s Space & Component Technology (“SCT”) division, located in Cypress, California, has specialized in the supply of high reliability microelectronics, supplying EEE parts for use in satellite, launch vehicle and manned space applications. Combining longstanding resources in Cypress, with new locations in Plano, Texas and Hampshire, United Kingdom, SCT also provides services encompassing all aspects of ground station life cycle management to include requirements definition and analysis, design, development and integration of turnkey systems from antenna to data processing, civil works and construction, station installation and verification, operations and maintenance, and decommissioning at end of life. A full line of satellite tracking antennas from 30cm to 13m, as well as RF feeds, radomes and carbon fiber reflectors, all for LEO, MEO and GEO orbits, are also supplied to customers worldwide. For more information, visit www.comtechspace.com.

The Mission-Critical Technologies group is focused on ensuring its customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite, or protecting the cyber security posture of their network.

Comtech Telecommunications Corp. designs, develops, produces, and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.

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 was the recent order announced by Comtech Telecommunications Corp.?

Comtech announced a follow-on order for a 21.5m radome from a multinational infrastructure support company.

How does the new order impact Comtech's business?

The follow-on order signifies a strengthened relationship with the customer and reflects the company's success in providing products for satellite ground systems.

What does Comtech's Space & Component Technology Division do?

This division specializes in high-reliability microelectronics and offers services across the entire ground station life cycle.

Which segment does the Space & Component Technology Division belong to?

It is part of Comtech's Government Solutions segment.

What is the stock symbol for Comtech Telecommunications Corp.?

The stock symbol is CMTL.

Comtech Telecommunications

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