Investor Presentaiton
"Hundreds of Millions" Multi-Year Agreement for Next-Gen Satellite Technology
■We anticipate incurring strategic and "start-up" emerging technology
costs for next-generation satellite technology.
Spending will advance our solution offerings to be used on new
broadband satellite constellations.
Thousands of new LEO, MEO and even GEO satellites are expected to
be launched over the next few years.
Satellite constellations will provide internet access across the world
and support increasing demand for data transmission.
Constellations will be supported by equipment that we provide,
including ground station equipment, X/Y antennas, modems and
amplifiers.
In Q4 of fiscal 2021, we were awarded a $13 million multi-year
agreement, enabling a large new customer to order hundreds of
millions of dollars of our next-generation satellite earth station
technology.
Great strategic win and optimistic on future orders.
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