RCS - Global Invacom Group - Global Skyware announces contract with Eutelsat

Global InvacomAnnouncement

06/09/2023 07:30

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RNS Number : 4558L  Global Invacom Group Limited  06 September 2023

 

Global Invacom Group Limited

("Global Invacom", the "Company" or the "Group")

 

Global Skyware announces multi-year contract with Eutelsat

 

Singapore/London, 6 September 2023 - Global Invacom (SGX: QS9) (AIM: GINV),
the global provider of satellite communications equipment and electronics,
announces its wholly owned subsidiary, Global Skyware Limited ("Global
Skyware"), has signed a multi-year contract for the supply of its XRE ODU
platform ("XRE") with Eutelsat Communications ("Eutelsat", Euronext Paris:
ETL), one of the world's largest satellite communications companies.

 

The new platform is based on the innovative Skyware XRE 3-Watt transceiver,
which begins production in Q4 2023. Uniquely equipped with zero-touch
Electronic Polarization Switching ("EPS") and covering the full commercial Ka
band (17.3 - 20.2 GHz / 28.4 - 30 GHz), the XRE is paired with the Skyware SMC
Series of high performance, lightweight, composite antennas.

 

The new product will provide Eutelsat with an unmatched blend of operational
dexterity and optimized performance for their KONNECT VHTS broadband service.

 

The XRE is the latest addition to Global Skyware's XR Transceiver family; a
modem agnostic family which includes the recently launched Skyware XRJ
platform, the industry's first Ka band transceiver platform with a linear
power range power from 5 to 25 Watts.

The multi-year contract is not expected to have material impact on the Group's
net tangible assets per share and consolidated earnings per share for the
current financial year ending 31 December 2023. None of the Directors or
controlling shareholders of the Company has any interest, direct or indirect,
in the above transaction, other than through their respective interests (if
any) in the company.

Gordon Blaikie, Interim Chief Executive Officer of Global Invacom
Group, commented:

"This contract demonstrates our technology leadership and ability to design
and manufacture innovative transceiver platforms for new constellations in
collaboration with Tier 1 satellite operators. As with all our customers,
their success is our success. It's an ethos that our operator partnerships
thrive on and keeps us focused on innovation and optimizing the end-user
experience by designing and developing products and solutions with superior
performance and reliability."

 

Denis Fauconnier, Director for Ground Engineering at Eutelsat, said:

"We are delighted to be working with Global Skyware and using their new XRE
ODU Platform to deliver our KONNECT VHTS broadband services to our customers.
Highly durable, lightweight, easy to deploy and manage; these are some of the
other compelling attributes of the XRE ODU platform, and we look forward to
introducing it in our network."

 

 

For further information, please contact:

 

 Global Invacom Group Limited                              www.globalinvacom.com (http://www.globalinvacom.com/)
 Gordon Blaikie, Interim Chief Executive Officer           via Vigo Consulting

 Strand Hanson Limited (Nominated Adviser and Broker)      www.strandhanson.co.uk (http://www.strandhanson.co.uk/)
 James Harris / Richard Johnson / David Asquith            Tel: +44 20 7409 3494

 Vigo Consulting (UK Media & Investor Relations)           www.vigoconsulting.com (http://www.vigoconsulting.com/)
 Jeremy Garcia / Fiona Hetherington / Kendall Hill         Tel: +44 20 7390 0238
 ginv@vigoconsulting.com (mailto:ginv@vigoconsulting.com)

 

 

About Global Invacom Group Limited

 

Global Invacom Group comprises a number of companies specialising in
innovative technology, products and solutions for the satellite ground
equipment sector. Uniquely, the Group provides fully integrated manufacturing
for most of its product lines providing additional quality and supply chain
assurance to a global blue-chip customer base in the satellite communications,
satellite TV and satellite navigation markets.

 

The Group has an established global presence with sales offices, research and
development centres and manufacturing facilities across the world, including
Singapore, China, Indonesia, the Philippines, Malaysia, Israel, the UK, and
the USA.

 

Global Invacom Group Limited 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.

 

For more information, please refer to www.globalinvacom.com
(http://www.globalinvacom.com/)

 

 

 

 

 

 

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