Micronetics (NOIZ) Wins $2.4 Million Contract for Supply of Microwave Subsystems for in-Flight Data Links
Tweet
Share
E-mail
Micronetics, Inc. (NASDAQ: NOIZ) announced today that it has been awarded an initial production order valued at approximately $2.4 million from a leading precision antenna system manufacturer for the supply of high performance microwave subsystems.
Each subsystem, which consists of a transceiver, on board computer, power supply, and a high power amplifier (HPA), will help satisfy the demanding need for a reliable, high-speed broadband satellite based connection into commercial and military aircraft for a broad range of uses. Hardware deliveries are targeted to commence in this fiscal year with a 6-month period of performance.
Each subsystem, which consists of a transceiver, on board computer, power supply, and a high power amplifier (HPA), will help satisfy the demanding need for a reliable, high-speed broadband satellite based connection into commercial and military aircraft for a broad range of uses. Hardware deliveries are targeted to commence in this fiscal year with a 6-month period of performance.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Robo.ai names Hao Wang of Changer.ae to its board of directors
- Forbright Bank to sell branches and deposits to Trustar Bank
- General Fusion lists on Nasdaq via SPAC merger with $150M in cash
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
