- Baylin Technologies (TSX:BYL) subsidiary, Advantech Wireless Technologies, has received a C$1 million order for two amplifier systems destined for NASA’s Artemis moon exploration program
- The amplifiers will enhance a cislunar communications network
- Baylin Technologies is a diversified global wireless technology company
- Baylin stock has added 65.38 per cent year-over-year, but remains down by 78.28 per cent since 2019
Baylin Technologies (TSX:BYL) subsidiary, Advantech Wireless Technologies, has received a C$1 million order for two amplifier systems destined for NASA’s Artemis moon exploration program.
Advantech‘s solid-state, high-power amplifier systems will form part of a cislunar communications network, an essential component in the program‘s goal of establishing the conditions required for humanity to live and work on the moon.
The news follows the subsidiary’s C$655,000 contract, announced in April 2024, to supply Artemis with amplifiers to segregate its near-space operations – between Earth’s surface and 2 million kilometres out – from its deep-space operations.
Leadership insights
“This is another example of Advantech securing a viable position within the moon exploration community,” John Restivo, president of Advantech, said in a statement. “Our special-frequency amplifiers are being ordered and shipped to locations around the globe to support near space network requirements, including NASA’s lunar exploration ground sites network.”
“Advantech has done an excellent job of creating differentiated solutions for the satellite communications market,” said Leighton Carroll, Baylin Technologies’ chief executive officer. “In this case, Advantech amplifiers will play a key role in powering communication for the NASA Artemis lunar space program. I look forward to seeing continued momentum in our support of the broader space segment.”
About Baylin Technologies
Baylin is a diversified global wireless technology company that specializes in passive and active radio-frequency products, satellite communications products and supporting services.
Baylin Technologies stock (TSX:BYL) last traded at C$0.43 per share. The stock has added 65.38 per cent year-over-year, but remains down by 78.28 per cent since 2019.
Join the discussion: Find out what everybody’s saying about this communication technology stock on the Baylin Technologies Inc. Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image representing the Artemis program’s LunaNet communications network: NASA)
