- C-Com (CMI) has received over US$3M of new orders for its iNetVu antenna systems
- The systems will be deployed in the telecom and energy markets across the U.S., Europe and Asia
- The company will finalize deliveries by the end of Q2 2022
- C-Com Satellite is a global provider of mobile satellite-based antenna systems
- C-Com (CMI) is up by 9.01 per cent trading at $2.42 per share
C-Com (CMI) has received over US$3M of new orders for its iNetVu antenna systems.
The clients are reseller partners residing in the U.S., Europe and Asia.
The systems will be deployed in the telecom and energy markets for cellular backhaul, disaster management and oil and gas exploration.
Most of the orders shipped in December and earlier this month with the remainder expected to be delivered before the end of Q2 2022.
iNetVu systems serve vertical markets where communications are challenged due to disruption or deficiency.
“While the worldwide pandemic has dramatically slowed down sales into many regions in 2021, it now appears that business for C-Com in 2022 is rebounding at a fast pace from around the world,” stated Leslie Klein, President and CEO of C-Com.
“These significant orders, from both new and existing resellers, are indicative that our highly reliable motorized antennas continue to be in great demand and of significant value to even the most demanding customers,” she added.
C-Com Satellite is a global provider of mobile satellite-based antenna systems.
C-Com (CMI) is up by 9.01 per cent trading at $2.42 per share as of 12:58 pm EST.
