REG - Global Invacom Group - Launch of new Hangar Repeater Solution
RNS Number : 3698UGlobal Invacom Group Limited12 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
Matthew Garner, Chief Financial Officer
Tel: +65 6431 0782
Tel: +44 203 053 3523
finnCap Ltd (Nominated Adviser and Joint Broker)
Christopher Raggett / Simon Hicks (Corporate Finance)
Tel: +44 207 220 0500
Mirabaud Securities LLP (Joint Broker)
Peter Krens (Equity Capital Markets)
Tel: +44 207 878 3362
WeR1 Consultants Pte Ltd (Singapore Investor Relations)
Roshan Singh
Tel: +65 6737 4844
Vigo Communications (UK Media & Investor Relations)
Jeremy Garcia / Fiona Henson
Tel: +44 207 830 9701
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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