Global Invacom Group Limited Global Skyware announces contract with Eutelsat
06 Setembro 2023 - 3:30AM
RNS Non-Regulatory
TIDMGINV
Global Invacom Group Limited
06 September 2023
Global Invacom Group Limited
("Global Invacom", the "Company" or the "Group")
Global Skyware announces multi-year contract with Eutelsat
Singapore/London, 6 September 2023 - Global Invacom (SGX: QS9)
(AIM: GINV), the global provider of satellite communications
equipment and electronics , announces its wholly owned subsidiary,
Global Skyware Limited ("Global Skyware"), has signed a multi-year
contract for the supply of its XRE ODU platform ("XRE") with
Eutelsat Communications ("Eutelsat", Euronext Paris: ETL), one of
the world's largest satellite communications companies.
The new platform is based on the innovative Skyware XRE 3-Watt
transceiver, which begins production in Q4 2023. Uniquely equipped
with zero-touch Electronic Polarization Switching ("EPS") and
covering the full commercial Ka band (17.3 - 20.2 GHz / 28.4 - 30
GHz), the XRE is paired with the Skyware SMC Series of high
performance, lightweight, composite antennas.
The new product will provide Eutelsat with an unmatched blend of
operational dexterity and optimized performance for their KONNECT
VHTS broadband service.
The XRE is the latest addition to Global Skyware's XR
Transceiver family; a modem agnostic family which includes the
recently launched Skyware XRJ platform, the industry's first Ka
band transceiver platform with a linear power range power from 5 to
25 Watts.
The multi-year contract is not expected to have material impact
on the Group's net tangible assets per share and consolidated
earnings per share for the current financial year ending 31
December 2023. None of the Directors or controlling shareholders of
the Company has any interest, direct or indirect, in the above
transaction, other than through their respective interests (if any)
in the company.
Gordon Blaikie , Interim Chief Executive Officer of Global
Invacom Group, commented:
"This contract demonstrates our technology leadership and
ability to design and manufacture innovative transceiver platforms
for new constellations in collaboration with Tier 1 satellite
operators. As with all our customers, their success is our success.
It's an ethos that our operator partnerships thrive on and keeps us
focused on innovation and optimizing the end-user experience by
designing and developing products and solutions with superior
performance and reliability."
Denis Fauconnier, Director for Ground Engineering at Eutelsat,
said:
"We are delighted to be working with Global Skyware and using
their new XRE ODU Platform to deliver our KONNECT VHTS broadband
services to our customers. Highly durable, lightweight, easy to
deploy and manage; these are some of the other compelling
attributes of the XRE ODU platform, and we look forward to
introducing it in our network."
For further information, please contact:
Global Invacom Group Limited www.globalinvacom.com
Gordon Blaikie, Interim Chief Executive via Vigo Consulting
Officer
Strand Hanson Limited (Nominated Adviser www.strandhanson.co.uk
and Broker)
James Harris / Richard Johnson / David Tel: +44 20 7409
Asquith 3494
Vigo Consulting (UK Media & Investor www.vigoconsulting.com
Relations)
Jeremy Garcia / Fiona Hetherington / Tel: +44 20 7390
Kendall Hill 0238
ginv@vigoconsulting.com
About Global Invacom Group Limited
Global Invacom Group comprises a number of companies
specialising in innovative technology, products and solutions for
the satellite ground equipment sector. Uniquely, the Group provides
fully integrated manufacturing for most of its product lines
providing additional quality and supply chain assurance to a global
blue-chip customer base in the satellite communications, satellite
TV and satellite navigation markets.
The Group has an established global presence with sales offices,
research and development centres and manufacturing facilities
across the world, including Singapore, China, Indonesia, the
Philippines, Malaysia, Israel, the UK, and the USA.
Global Invacom Group Limited is listed on the Mainboard of the
Singapore Exchange Securities Trading Limited and its shares are
admitted to trading on the AIM Market of the London Stock
Exchange.
For more information, please refer to www.globalinvacom.com
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END
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