REG - Global Invacom Group - Launch of new Hangar Repeater Solution

Global InvacomAnnouncement

12/07/2018 07:05

RNS Number : 3698U
Global Invacom Group Limited
12 July 2018
 


 
 
 
 
Global Invacom Group Limited
("Global Invacom" or the "Company")
Launch of new Hangar Repeater Solution
 
Enables indoor avionics testing of Inmarsat, Iridium and GPS Satellite signals
 
 
Singapore/London, 12 July 2018 - Global Invacom (SGX: QS9, AIM: GINV), the global provider of satellite communications equipment, is pleased to announce the launch of an innovative solution enabling aircraft ground engineers to undertake 24/7 avionics testing of Inmarsat, Iridium and GPS satellite signals indoors.
 
The Hangar Repeater Solution ('the Solution'), developed in-house by Foxcom, a wholly owned subsidiary of Global Invacom, enables engineers involved in the maintenance, repair and overhaul (MRO) of aircraft to undertake testing 24/7 regardless of the weather and without having to move aircraft in and out of a hangar, as is the current practice.
 
Inmarsat and Iridium satellite equipment has been generally limited to outdoor use, as building structures block satellite signals. However, Foxcom's unique repeater technology enables communication inside buildings or underground without the need for a direct line of sight to the sky. Furthermore, existing Foxcom repeaters can be easily upgraded to add Inmarsat compatibility.
 
The Solution therefore greatly reduces aircraft-on-ground time, man-hours and overall maintenance costs, thereby providing a rapid return on investment for customers. This latest solution builds upon the successful range of repeaters first launched by Foxcom in 2013.
 
Beyond the aviation sector, GPS, Inmarsat and Iridium repeaters can be deployed across a range of locations and industries, such as underground civil defence and military bunkers, oil rigs and ships, and large buildings.
 
Tony Taylor, Executive Chairman of Global Invacom, commented:
 
"We're delighted to announce the launch of this unique testing solution, which is an excellent example of our ongoing commitment, innovation and investment.
 
As a business, we are always looking to provide our partners with industry leading devices that both simplify the running of their business but more importantly save them time and money - something that the Hangar Repeater Solution clearly does."
 
 
- End of Release -




 
 
 
For further information, please contact:
 



Global Invacom Group Limited


www.globalinvacom.com




Matthew Garner, Chief Financial Officer


Tel: +65 6431 0782
Tel: +44 203 053 3523




 


 




finnCap Ltd (Nominated Adviser and Joint Broker)


www.finncap.com




Christopher Raggett / Simon Hicks (Corporate Finance)


Tel: +44 207 220 0500




 


 




Mirabaud Securities LLP (Joint Broker)


www.mirabaud.com




Peter Krens (Equity Capital Markets)


Tel: +44 207 878 3362




 


 




WeR1 Consultants Pte Ltd (Singapore Investor Relations)


www.wer1.net




Roshan Singh


Tel: +65 6737 4844




gigl@wer1.net  


 




 


 




Vigo Communications (UK Media & Investor Relations)


www.vigocomms.com




Jeremy Garcia / Fiona Henson


Tel: +44 207 830 9701




ginv@vigocomms.com


 



 
 
About Global Invacom Group Limited
 
Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.
 
Global Invacom provides a full range of antennas, LNB receivers, fibre distribution equipment, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in military, medical, and consumer electronics industries. Following the acquisition in 2015 of Global Skyware, a leading US-based designer and supplier of satellite antennas products and services, the Company became the world's only full-service outdoor unit supplier.
 
Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.
 
Established in 1993, Foxcom specialises in radio frequency over fibre equipment. It is a top supplier to satellite operators, broadcasters and integrators worldwide, with products that offer high performance, bandwidth and reliability. For more information, visit: www.foxcom.com/hangar-repeaters.
 
For more information, please refer to www.globalinvacom.com
 




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