Signal Technology Awarded $250,000 in Production Contracts for Unmanned Reconnaisance Aircraft Transmitters
DANVERS, Mass.--(BUSINESS WIRE)--Oct. 4, 2001--Signal Technology Corporation (Nasdaq: STCO), a leading provider of electronics products for wireless communications and power management products in the commercial, defense and space markets, today announced that its Keltec Division has received follow-on production contracts for a total of five 4Kw transmitter systems from multiple customers developing unmanned aircraft vehicle (UAV) platforms for defense intelligence.
Signal's 4Kw transmitter is an integral part of the Synthetic Aperture Radar that gathers intelligence imagery on such vehicles as the Global Hawk and other UAVs. The transmitter enables the capture of detailed images of features on the ground from high altitudes. The Company expects to receive follow-on production quantity orders for its 4Kw transmitter systems from multiple users in 2002.
"The increased operational interest in UAVs for intelligence gathering is expected to generate greater demand for Signal's state-of-the-art transmitter products," said Keltec Division President John Cotumaccio. "We expect that our soon-to-be-released 5Kw transmitter will open the door to additional opportunities for Signal in this market sector."
About Signal Technology
Signal is a leader in developing state-of-the-art electronic components and systems for wireless communications, defense and space applications. In its defense businesses, Signal develops and manufactures RF, microwave, power conversion products and power supplies for communications networks, electronic countermeasures, missiles, radar, intelligence and guidance systems for sale to defense prime contractors worldwide. Through its Signal Wireless Group (SWG), the company is addressing the exploding global demand for Internet and data bandwidth by developing RF radio sub-systems for broadband fixed wireless telecommunications applications worldwide. SWG also develops and manufactures switching/combining components and subsystems for PCS/cellular digital applications for sale to wireless base station infrastructure providers. For further information about Signal, please visit Signal's Web site at sigtech.com. |
