Category: Telecommunication

Release – Comtech Appoints David B. Kagan to its Board of Directors

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

By The Comtech Editorial Team – Feb 18, 2025 | 3 min read

CHANDLER, Ariz. – February 18, 2025– Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced that the Comtech Board of Directors (the “Board”) has appointed David (Dave) B. Kagan as an independent director to the Board, effective February 13, 2025.

Mr. Kagan has deep experience leading satellite communications companies over the course of his career, which spans more than 35 years. Most recently, he served as CEO of Globalstar, where he drove significant top and bottom line improvements. He also expanded Globalstar’s services beyond the legacy of one-way messaging and GPS to focus on satellite IoT and was a key contributor in securing the industry’s first service offering enabling direct-to-device satellite capability. Before that, he served in leadership roles at ITC Global, Globe Wireless and Spacenet, among others.

“We are delighted to welcome Dave Kagan to the Comtech Board,” said Ken Traub, Chairman, President and CEO of Comtech. “Dave brings both deep experience in the satellite industry as well as strength in capital markets, turnarounds and strategic transactions which will be invaluable as we continue to execute on the comprehensive transformation of Comtech.”

“I am thrilled to join the Comtech Board,” said Mr. Kagan. “I look forward to working with my fellow directors and this highly engaged leadership team as it continues to execute on the recently announced strategic transformation.”

About David B. Kagan

Mr. Kagan, 63, served as chief executive officer of Globalstar, Inc. (NASDAQ: GSAT), a leading provider of satellite solutions, from September 2018 to September 2023, where he also served as president and chief operating officer from December 2017 to September 2018 and from January 2016 to March 2017. From March 2017 to November 2017, he was the chief operating officer of SpeedCast International Limited. Mr. Kagan previously served as president of ITC Global LLC from August 2014 to September 2015, and president and chief executive officer of Globe Wireless LLC from June 2011 until it was sold to Inmarsat in August 2014. Prior to that, he served as president and chief executive officer of Maritime Telecommunications Network from January 1997 to December 2008. Mr. Kagan currently serves on the Boards of KVH Industries, Inc. (NASDAQ: KVHI) and AscendArc, Inc., and was inducted into the Satellite Hall of Fame in March 2023. He holds a master’s degree of Business Administration from Florida Atlantic University and a bachelor’s degree in both Finance and Marketing from the University of South Florida, Tampa.

About Comtech

Comtech Telecommunications Corp. is a leading provider of satellite and space communications technologies; terrestrial and wireless network solutions; Next Generation 911 (NG911) and emergency services; and cloud native capabilities to commercial and government customers around the world. Through its culture of innovation and employee empowerment, Comtech leverages its global presence and decades of technology leadership and experience to create some of the world’s most innovative solutions for mission-critical communications. For more information, please visit www.comtech.com.

Cautionary Note Regarding Forward-Looking Statements

Certain information in this press release contains, and oral statements made by our representative from time to time may contain, forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “future,” “goal,” “outlook,” “intend,” “likely,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and similar references to future periods. Forward-looking statements include, among others, statements regarding our expectations for our strategic alternatives process, our expectations for further portfolio-shaping opportunities, our expectations for other operational initiatives, future performance and financial condition, the plans and objectives of our management and our assumptions regarding such future performance, financial condition, and plans and objectives that involve certain significant known and unknown risks and uncertainties and other factors not under our control which may cause our actual results, future performance and financial condition to be materially different from the results, performance or other expectations implied by these forward-looking statements. Factors that could cause actual results to differ materially from current expectations are described in our filings with the Securities and Exchange Commission. We urge you to consider all of the risks, uncertainties and factors identified above or discussed in such reports carefully in evaluating the forward-looking statements. The risks described above are not the only risks that we face. We do not intend to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise, except as required by law.

Investor Relations Contact

Maria Ceriello

631-962-7102

investors@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech Launches Industry-First Multipath Radio Platform

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

By The Comtech Editorial Team – Feb 13, 2025 | 3 min read

MPR platform provides industry-first multipath mitigation capabilities in single integrated, antenna agnostic platform

CHANDLER, Ariz. – February 13, 2025– Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced the launch of the Company’s new multipath radio (“MPR”) platform. As the first-ever terrestrial high data rate over-the-horizon integrated radio of its kind, MPR will empower first responders, warfighters, and commercial operators with new high data rate communications capabilities on a single antenna agnostic platform.

Built on the proven success of Comtech’s next-generation Troposcatter systems, the MPR platform’s multimode functionality, diverse antenna support, and advanced signal processing techniques empower users to establish secure, reliable and resilient communications links in challenging environments where traditional radios struggle. Today, MPR supports line-of-sight (“LOS”), obstructed-line-of-sight (“OLOS”), and beyond-line-of-sight (“BLOS”) scenarios.

“Comtech’s MPR is optimized for on-the-move, at-the-halt, and fixed applications in a flexible, low Size Weight and Power (“SWAP”) terrestrial over-the-horizon communications platform,” said Daniel Gizinski, President of Comtech’s Satellite and Space Communications Segment. “MPR’s functionality and ease of use is a true game-changer for end users, demonstrating the ability to be set up and deployed in less than 10 minutes as well as delivering industry-leading data rates continuously over long distances. The software-defined nature of Comtech’s MPR platform also enables the system to adapt and incorporate new capabilities over time.”

In the past, terrestrial BLOS communications systems were limited due to large size, high-power requirements, and complexity of operation. Leveraging over 40 years of multipath radio technology leadership, Comtech’s MPR is revolutionizing high data rate communications capabilities by providing a rapidly deployable, transportable, low SWAP solution for military and commercial operators.

Comtech’s Multipath Mitigation Technology Advantage:

Today, reliable communications in diverse environments are essential for military and critical infrastructure applications. However, multipath propagation, where radio signals travel along multiple paths before reaching the end user, disrupts signal integrity, causing a drop in communications or total loss of connectivity. Comtech’s MPR solves multipath disruption by a unique combination of diverse techniques, advanced forward error correction, and adaptive coding and modulation, that represent a first for the industry.

Operational Value for End Users:

  • BLOS without SATCOM: MPR provides real-time data connectivity over-the-horizon up to 150 miles; this capability can be critical in satellite contested environments or when limited space segment is available.
  • Reliable Communications: The MPR ensures clear and consistent communications across echelons, overcoming signal degradation caused by terrain or obstacles.
  • Enhanced Situational Awareness: Reliable data exchange facilitates a shared understanding of a variety of scenarios ranging from military operations to disaster response, which is crucial for informed decision-making.
  • Improved Interoperability: The MPR is over the air compatible with Comtech’s entire Family of Troposcatter Systems. To enhance network and information interoperability, MPR provides an easy-to-use Layer 2 interface integration package for all IP based MESH and MANET radio networks.
  • Common Digital Architecture: MPR is designed to leverage a common digital architecture across the Company’s other product lines, including Comtech’s Digital Common Ground modems.
  • Low SWAP: The MPR provides users maximum SWAP flexibility against varied environments. The small footprint and rapid set up provide users with a true expeditionary capability.
  • Enhancements: Comtech’s MPR has a series of planned enhancements, including point-to-multi-point, which will allow simultaneous communications to multiple on-the-move platforms and stationary sites, eliminating the need for multiple systems at the hub location.

Recent U.S. Department of Defense Demonstrations Validate MPR Capabilities:

During an initial Joint Service demonstration along Florida’s panhandle, Comtech’s MPR delivered 14 megabits of data continuously over a 101-mile BLOS link using no vertical lift.

During the U.S. Navy’s Silent Swarm 2024 exercise, Comtech’s new MPR platform completed a long-range ship-to-shore connection for an unmanned surface vessel-revolutionizing at-sea command, control, communications, computers, cyber, intelligence, surveillance, and reconnaissance mission support.

For more information Comtech’s new MPR platform, please visit our webpage: https://comtech.com/capability/mpr-platform/.

About Comtech

Comtech Telecommunications Corp. is a leading provider of satellite and space communications technologies; terrestrial and wireless network solutions; Next Generation 911 (NG911) and emergency services; and cloud native capabilities to commercial and government customers around the world. Through its culture of innovation and employee empowerment, Comtech leverages its global presence and decades of technology leadership and experience to create some of the world’s most innovative solutions for mission-critical communications. For more information, please visit www.comtech.com.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

Investor Relations

Maria Ceriello

631-962-7115

Maria.Ceriello@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Apple Faces Challenges Amid Downgrades: Weak iPhone Sales and AI Outlook Impact Stock

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Jefferies cut Apple to “Underperform” with a price target of $200.75, while Loop Capital downgraded it to “Hold” at $230.
– Declining sales in China and a 1% dip in market share are major concerns for Apple’s flagship product.
– Apple’s AI initiatives, including Apple Intelligence, have not generated the anticipated sales supercycle, dampening investor enthusiasm.

Apple Inc. (AAPL) is grappling with significant challenges as analysts issue downgrades to its stock, citing weaker-than-expected iPhone sales and underwhelming performance in its artificial intelligence (AI) initiatives. The stock fell 3.82% on Tuesday following these reports, adding to mounting concerns about the tech giant’s ability to sustain its growth trajectory in an increasingly competitive market.

Jefferies analyst Edison Lee downgraded Apple to “Underperform” and slashed the price target to $200.75, a 13% reduction. Meanwhile, Loop Capital downgraded the stock from “Buy” to “Hold” and revised its target to $230, down from $275. Both firms point to headwinds in Apple’s core iPhone business and tepid consumer interest in AI-powered products as key factors behind their decisions.

The iPhone, which accounts for over half of Apple’s total revenue, is facing significant challenges. According to Jefferies, iPhone sales in China dropped by 15% to 20% year over year. This decline reflects both increased competition from local players like Huawei and Xiaomi and cautious consumer spending amid a slower Chinese economic recovery.

China has long been a critical market for Apple, contributing $66.9 billion in revenue in 2024, despite an 8% decline compared to the previous year. However, the company’s difficulties in this region are not new; Apple has struggled with currency fluctuations and declining sales for the past two years.

Globally, Apple’s iPhone market share fell by roughly 1% in Q4, landing at 23%, even as overall smartphone shipments rose by 3%. These numbers, provided by Canalys and IDC, underscore the growing competition Apple faces as it tries to maintain dominance in a crowded market.

Apple’s push into AI has also been a point of contention among analysts. The company debuted its AI platform, Apple Intelligence, in October 2024, marketing it as a transformative tool for its flagship devices. However, the staggered rollout has led to confusion among consumers, with many unaware of the platform’s full capabilities.

Jefferies had predicted that Apple Intelligence would drive a “sales supercycle,” but early indications suggest that adoption has been slow. This is a stark contrast to the success of other tech giants like Alphabet and Meta, whose innovative AI initiatives have helped drive their stock prices up 30% and 36%, respectively, over the past year.

The slow uptake of AI-powered devices further complicates Apple’s outlook, as the company seeks to diversify its revenue streams beyond the iPhone. While Apple’s Services segment remains a bright spot, generating $96.1 billion in 2024, the company will need to demonstrate sustained growth in other areas to regain investor confidence.

Despite these challenges, Apple has several opportunities to stabilize its position. The upcoming launch of a new iPhone SE, entry-level iPads, and MacBook Airs may provide a much-needed boost in mid-range and budget segments. Additionally, Apple’s brand loyalty and reputation for innovation could help it weather short-term setbacks.

The company is set to report its first-quarter earnings on January 30. Analysts and investors will be watching closely to see if Apple can reverse its recent trends and reestablish itself as a leader in both hardware and emerging technologies like AI.

Comtech Telecommunications (CMTL) – What’s Up With CMTL Shares?

Posted on by slightbourne@noblecapitalmarkets.com


Friday, December 27, 2024

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. The Telecommunications Transmission segment provides satellite earth station equipment and systems, over-the-horizon microwave systems, and forward error correction technology, which are used in various commercial and government applications, including backhaul of wireless and cellular traffic, broadcasting (including HDTV), IP-based communications traffic, long distance telephony, and secure defense applications. The Mobile Data Communications segment provides mobile satellite transceivers, and computers and satellite earth station network gateways and associated installation, training, and maintenance services; supplies and operates satellite packet data networks, including arranging and providing satellite capacity; and offers microsatellites and related components. The RF Microwave Amplifiers segment designs, develops, manufactures, and markets satellite earth station traveling wave tube amplifiers (TWTA) and broadband amplifiers. Its amplifiers are used in broadcast and broadband satellite communication; defense applications, such as telecommunications systems and electronic warfare systems; and commercial applications comprising oncology treatment systems, as well as to amplify signals carrying voice, video, or data for air-to-satellite-to-ground communications. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, defense contractors, military, governments, and oil companies. Comtech markets its products through independent representatives and value-added resellers. The company was founded in 1967 and is headquartered in Melville, New York.

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Share Price and Volume Action. CMTL shares have experienced some unusual price and volume action recently. With the share price rising each day over the past week, someone is feeling positive about CMTL. Could the recent action suggest a deal for the sale of the Terrestrial and Wireless segment is closer? Business conditions are improving? Something else? While the answer is unknown at this point, CMTL shares bear watching, in our view.

Recent Action. CMTL shares closed at $3.01 on December 19th. The next day, the shares rose to $3.69 on a volume of 2,132,200 shares, about five times ADV. On December 23rd, another 1,074,900 shares were traded, with the stock closing at $3.89. Yesterday, 866,278 shares were traded, with CMTL closing at $4.37, with an intraday high of $4.57, meaning CMTL shares have appreciated over 45% over the past week.


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Release – Comtech Provides Update on Quarterly Filing Process

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

By The Comtech Editorial Team – Dec 23, 2024 | 2 min read

Announces Notification of Delinquency from Nasdaq for Late Filing of Form 10-Q for Period Ended October 31, 2024

CHANDLER, Ariz. – December 23, 2024–Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, received a letter (the “Letter”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with periodic requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company’s Quarterly Report on Form 10-Q for the period ended October 31, 2024 (the “Report”) was not filed with the Securities and Exchange Commission (the “SEC”) by the required extended due date of December 16, 2024. This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares.

The Letter states that the Company has 60 calendar days, or by February 17, 2025, to submit to Nasdaq its plan to regain compliance with the Listing Rule. Pursuant to the Letter, if Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the Report’s due date, or until June 16, 2025, to regain compliance. If Nasdaq does not accept the plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.

The Company is diligently working to complete its Report, and the Company expects to complete and file its Report with the SEC to regain compliance with the Listing Rule prior to the expiration of the 60-day period.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing satellite and space communications technologies, terrestrial and wireless network solutions, NG911 emergency services and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages its global presence, technology leadership and decades of experience to create the world’s most innovative communications solutions. For more information, please visit www.comtech.com.

Forward-Looking Statements

Certain information in this press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements. Forward-looking statements include, among others, statements regarding our expectations regarding our response to the Letter, our expectations for our operational initiatives, future performance and financial condition, the plans and objectives of our management and our assumptions regarding such future performance, financial condition, and plans and objectives that involve certain significant known and unknown risks and uncertainties and other factors not under our control which may cause our actual results, future performance and financial condition to be materially different from the results, performance or other expectations implied by these forward-looking statements. Factors that could cause actual results to differ materially from current expectations are described in our filings with the SEC. We urge you to consider all of the risks, uncertainties and factors identified above or discussed in such reports carefully in evaluating the forward-looking statements. The risks described above are not the only risks that we face. We do not intend to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise, except as required by law.

Investor Relations Contact

Maria Ceriello

631-962-7102

investors@comtech.com

Media Contacts

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Charter to Acquire Liberty Broadband Corporation in $280M All-Stock Deal

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Charter to acquire Liberty Broadband in a $280M all-stock transaction.
– Acquisition reduces Charter’s outstanding shares by 11.5 million.
– Key shareholders, including John Malone, support the strategic merger.

Charter Communications, Inc. (NASDAQ: CHTR) has entered into an agreement to acquire Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK, LBRDP) in an all-stock transaction valued at $280 million. This strategic acquisition will significantly enhance Charter’s reach in the U.S. broadband market, bringing together key assets and expanding its operational scale.

The terms of the agreement specify that Liberty Broadband shareholders will receive 0.236 shares of Charter common stock per share held, while preferred shareholders will gain new Charter preferred stock mirroring their current terms. A crucial aspect of the acquisition is Liberty’s plan to spin off its GCI subsidiary, Alaska’s largest communications provider, which serves remote and challenging regions. Charter will assume the tax liability for this spin-off if it exceeds $420 million, with closing anticipated by mid-2027 pending regulatory approvals and shareholder votes.

Charter expects to benefit from a net reduction of approximately 11.5 million shares by retiring the 45.6 million shares currently held by Liberty Broadband. Liberty’s existing debt of $2.6 billion will be addressed through repayment or assumption, alongside $180 million of preferred equity that will convert to Charter preferred equity upon closing.

Support from key shareholders, including John Malone and Greg Maffei, will play an essential role, with both expressing optimism for the merger’s potential. “This transaction simplifies our corporate structure, aligning with Charter’s long-term strategic goals,” said Malone. Greg Maffei, Liberty Broadband’s CEO, stated that the partnership offers substantial growth potential and value creation for both Charter and Liberty shareholders.

The Boards of both companies, alongside independent legal and financial advisors, have approved the merger, noting that the transaction will enhance market competitiveness while increasing liquidity for Liberty shareholders. Centerview Partners and Citi are advising Charter, while J.P. Morgan advises Liberty Broadband.

As Charter moves forward with this acquisition, the merger is expected to enhance shareholder value, increase access to communications services, and streamline governance processes for both companies.

Noble Capital Markets Emerging Growth TMT / Consumer Conference Presentation Replays

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AT&T Data Breach Sends Ripples Through Stock Market, Highlighting Cyber Risks for Investors

Posted on by slightbourne@noblecapitalmarkets.com

The recent disclosure of a massive data breach at AT&T, exposing call and text records of tens of millions of customers, has sent shockwaves through the investment community, impacting not only AT&T’s stock but carrying broader implications for investors, the stock market, and companies across various sectors and sizes. AT&T’s stock price took an immediate hit, dropping 1% following the announcement. While this may seem modest, for a company of AT&T’s size, it represents a significant loss in market capitalization, underscoring how swiftly the market responds to negative news, particularly concerning data security.

The breach at one of the largest telecommunications companies in the U.S. has put the entire sector under the microscope. Investors are now reassessing the cybersecurity risks associated with telecom stocks, with companies like Verizon and T-Mobile facing increased scrutiny as shareholders question whether similar vulnerabilities exist across the industry. This heightened attention could lead to volatility in telecom stocks in the short term and potentially impact valuations in the longer term if concerns persist.

As often happens following high-profile breaches, cybersecurity stocks may see increased interest. Investors typically flock to companies offering security solutions, anticipating a surge in demand as corporations scramble to bolster their defenses. Firms specializing in network security, data protection, and threat detection could see their stock prices rise as a result of this incident. Simultaneously, the involvement of Snowflake, a third-party cloud platform, in this breach raises questions about the security of cloud infrastructure. While Snowflake has stated that their platform was not compromised, the incident may still cause investors to reevaluate the risks associated with cloud computing stocks, potentially affecting giants like Amazon (AWS), Microsoft (Azure), and Google (Google Cloud).

The breach’s scale and the involvement of federal agencies like the FBI and FCC signal potential regulatory action. Investors in telecom and tech sectors should be prepared for the possibility of stricter regulations, which could impact profitability. Additionally, the specter of class-action lawsuits looms large, with potential legal liabilities that could affect AT&T’s financial health and, by extension, its stock price. For AT&T investors, a key concern is the long-term impact on customer trust and brand value. Multiple data breaches in quick succession could lead to customer churn and difficulties in acquiring new customers, potentially translating into slower growth and reduced profitability.

While much of the focus has been on large-cap companies, the AT&T breach also has significant implications for small and micro-cap firms. These smaller companies, often operating with limited resources, may find themselves particularly vulnerable to cybersecurity threats. The increased awareness of cyber risks following the AT&T incident could lead investors to scrutinize the security practices of smaller firms more closely. This heightened scrutiny could present both challenges and opportunities for small and micro-cap companies.

On one hand, smaller firms that can demonstrate robust cybersecurity measures may find themselves at a competitive advantage, potentially attracting more investor interest and seeing improved valuations. Conversely, those perceived as having inadequate security could face investor skepticism, making it more difficult to raise capital or maintain stock prices. The incident may also drive increased demand for cybersecurity solutions tailored to smaller businesses, creating growth opportunities for small and micro-cap companies operating in this niche.

Moreover, the potential for stricter regulations following the AT&T breach could disproportionately impact smaller companies. While large corporations like AT&T have the resources to quickly adapt to new regulatory requirements, small and micro-cap firms may struggle with compliance costs, potentially affecting their profitability and attractiveness to investors. This dynamic could lead to increased consolidation in certain sectors as smaller firms seek partnerships or acquisitions to meet heightened security standards.

The national security implications mentioned in the report add another layer of complexity. Companies dealing with sensitive data or critical infrastructure may face additional government oversight, presenting both risks (increased regulatory burden) and opportunities (potential government contracts for enhanced security measures) for investors. This incident serves as a stark reminder of the cyber risks facing modern corporations and may prompt a market-wide reassessment of how cybersecurity factors into stock valuations. Companies with robust security measures and transparent data practices may command a premium, while those perceived as vulnerable could see their valuations suffer.

For individual and institutional investors alike, the AT&T breach highlights the importance of incorporating cybersecurity considerations into investment strategies, regardless of company size. Diversification becomes even more crucial, as does thorough due diligence on companies’ data security practices. The incident may also boost interest in ESG (Environmental, Social, and Governance) investing, where data protection falls under the ‘Governance’ category.

As the market digests this news, we can expect to see shifts in investor sentiment, potentially driving capital towards companies and sectors perceived as more secure or poised to benefit from increased cybersecurity spending. Moving forward, savvy investors will need to stay informed about cybersecurity trends and incorporate this knowledge into their investment decisions across the entire market capitalization spectrum. The AT&T incident may well mark a turning point in how the market values data security, making it an essential factor in investment analysis across all sectors and company sizes. In our increasingly digital world, the financial and reputational risks associated with cybersecurity failures have become too significant for investors to ignore, reshaping investment strategies and market dynamics in profound and lasting ways.

Release – Comtech Completes First Province-wide Migration to NG9-1-1 Infrastructure in Canada

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – JUL 11, 2024 | 2 MIN READ

CHANDLER, Ariz. – July 11, 2024– Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced it recently completed the full migration and deployment of a Next Generation 9-1-1 (“NG9-1-1”) system in Saskatchewan-marking a significant milestone for the Company and Canada’s NG9-1-1 infrastructure.

In October 2023, Comtech helped Strathcona County in Alberta become Canada’s first Public Safety Answering Point (“PSAP”) to transition to NG9-1-1 services. With the Saskatchewan NG9-1-1 deployment, Comtech is now the first company, in partnership with leading Emergency Services IP Network (“ESInet”) provider SaskTel, to deploy a province-wide NG9-1-1 system in Canada.

“We are honored to build on our longstanding partnership with SaskTel to complete this critical NG9-1-1 transition in Saskatchewan,” said Aaron King, General Manager of Comtech’s Solacom Technologies Division. “With a government mandate to transition to NG9-1-1 services by March 2025, Comtech is partnering with Canada’s public safety agencies to lead the way in building one of the first national transitions to a NG9-1-1 infrastructure. This province-wide NG9-1-1 deployment paves the way for other NG9-1-1 migrations across Canada that will empower PSAPs throughout the country with the ability to leverage new technologies that can significantly enhance safety, reliability, and response in a wide range of emergency situations.”

In addition to the Saskatchewan NG9-1-1 deployment, Comtech also recently completed a local NG9-1-1 PSAP migration in Ontario, Canada. With these NG9-1-1 migrations complete, Comtech is the first public safety provider in Canada to partner with all three major ESInet suppliers in the country-SaskTel, Bell, and Telus-to build out the nation’s NG9-1-1 infrastructure.

As one of the most trusted providers of public safety technologies, Comtech is continuing to expand its NG9-1-1 call routing and call handling solutions, including the Company’s Guardian Call Management platform, for governments and emergency response providers across the globe. The Company’s NG9-1-1 offerings are designed to adapt and continuously evolve over time to meet the needs of emerging use cases as well as future applications.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions.For more information, please visit www.comtech.com.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

Investor Relations

Maria Ceriello

631-962-7115

Maria.Ceriello@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech Partners with Eutelsat OneWeb to Deliver LEO Connectivity Services to Antarctica

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – APR 15, 2024 | 3 MIN READ

CHANDLER, Ariz.–(BUSINESS WIRE)–April 15, 2024 — Comtech (NASDAQ: CMTL), a global technology leader, in partnership with Eutelsat OneWeb, GEO-LEO connectivity provider in satellite communications, announces trial services to deliver Low Earth Orbit (LEO) satellite connectivity services to multiple regions of Antarctica.

Launched in January 2024, the service provides connectivity to customers in Antarctica. Through this trial, Comtech’s market-leading ELEVATE VSAT ground system supported Eutelsat OneWeb’s ability to deliver groundbreaking LEO connectivity services, with data rates reaching up to 120 Mbps, to one of the most challenging geographic regions in the world. Comtech worked with Eutelsat OneWeb to configure and install the company’s ELEVATE ground system to simultaneously route robust and resilient connectivity services over multiple OneWeb LEO satellites.

“This is a remarkable achievement—not only for the satellite industry, but also for the broader scientific, technology, and connectivity markets around the world,” said John Ratigan, Interim CEO of Comtech. “We are thrilled to partner with OneWeb to deliver LEO connectivity services to Antarctica, which further demonstrates the advanced capabilities of our ELEVATE VSAT ground system. With proprietary software-defined technology embedded at the core, we are continuing to build out network agnostic capabilities of our ELEVATE system to meet the future demands of innovative satellite constellations and hybrid network infrastructures.”

This trial showcased the importance of high-speed, low latency connectivity for the scientific community and wider Antarctic region. Through satellite-based LEO connectivity services, like those provided by Comtech and Eutelsat OneWeb, scientists in Antarctica can better conduct day-to-day activities by facilitating real-time support from scientific, technical or health teams around the world. LEO connectivity services also have the potential to improve the welfare of the scientists, outside of working hours, as they are often deployed for 18 months at a time in one of the most remote and geographically challenging areas of the world.

Comtech’s ELEVATE ground system is a transportable, software defined VSAT system, which is proven to provide commercial and government customers with access to high-speed connectivity across diverse satellite constellations in multiple orbits. ELEVATE is designed to identify, collect and route data from multiple satellite constellations and orbits as well as deliver next generation capabilities like 4K video streaming and voice services.

About Comtech

Comtech Telecommunications Corp. (Comtech) is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions. For more information, please visit www.comtech.com.

About Eutelsat Group

Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of Eutelsat and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 36 Geostationary satellites and a Low Orbit earth constellation of more than 600 satellites. The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group’s unique suite of in-orbit and on-ground assets enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and Eutelsat Group employs more than 1,700 from 50 different nationalities. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange and the London Stock Exchange (ticker: ETL).

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

Contacts
Investor Relations
Maria Ceriello
631-962-7102
investors@comtech.com

Media Contact
Jamie Clegg
480-532-2523
jamie.clegg@comtech.com

Release – Comtech Partners with Arizona to Complete Transition to Statewide Next Generation 911 Services

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – APR 10, 2024 | 2 MIN READ

CHANDLER, Ariz. – April 10, 2024– Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, in partnership with the Arizona Department of Administrations (“ADOA”), today announced the successful completion of a statewide transition to Comtech’s Next Generation 911 (“NG911”) services. Arizona’s new statewide NG911 infrastructure is designed to significantly enhance the ability of first responders and public safety answering points (“PSAPs”) to respond faster to emergencies and provide more comprehensive and reliable 911 services to Arizona residents.

In less than two years, Comtech and the ADOA successfully migrated the state’s legacy 911 system to the new infrastructure. The Arizona NG911 program modernizes the state’s emergency response capabilities and enhances the efficiency, effectiveness and reliability of 911 services, while enabling new capabilities such as geospatial location routing and improved redundancy, as well as the implementation of a new Emergency Service IP Network (“ESiNET”).

“We are honored to partner with the State of Arizona to deploy one of the nation’s most robust NG911 infrastructures,” said John Ratigan, Interim CEO of Comtech. “With this statewide deployment, Arizona residents benefit from a much higher rate of call reliability and new multi-media and location services, which can save critical time during emergencies. Comtech has worked closely with the ADOA and state leaders to integrate multiple legacy networks to create a new unified NG911 infrastructure, and we are confident this transition helps ensure residents get the help they need when seconds matter most.”

“The efficiency of this deployment can serve as a model for the rest of the United States, and we are pleased to work with Comtech to roll out these lifesaving NG911 services to better protect Arizona residents,” said Travis Jensen, Program Administrator of the ADOA 911 Program. “We look forward to continuing our partnership and bringing new capabilities to residents as they become available.”

The Arizona NG911 statewide transition involved upgrading and integrating a wide range of 911 technologies, including call handling, dispatch, mapping and database systems. It also required implementing new protocols and standards to ensure interoperability and compatibility with other systems and networks.

As one of the most trusted providers of public safety technologies, Comtech is continuing to expand its NG911 offerings for governments and emergency response providers around the world. The Company’s NG911 systems are designed to adapt and continuously evolve over time to meet the needs of emerging use cases as well as future applications.

About Comtech

Comtech Telecommunications Corp. (“Comtech”) is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions.For more information, please visit www.comtech.com.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20240409404955/en/

Investor Relations

Maria Ceriello

631-962-7102

investors@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Discover Emerging Growth Consumer, Communications, Media, and Technology Companies at Noble Capital Markets’ June Virtual Equity Conference

Posted on by cpatches
Watch the Presentation Replays
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  • Emerging Growth Public Consumer, Communications, Media, Technology (and more) Company Executive Presentations
  • Q&A Sessions Moderated by Noble’s Analysts and Bankers
  • Scheduled 1×1 Meetings with Qualified Investors

Noble Capital Markets, a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving emerging growth companies, is pleased to present the Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference, taking place June 26th and 27th, 2024. This virtual gathering is set to be an immersive experience, bringing together a unique blend of investors, industry leaders, and experts in the consumer, communications, media, and technology sectors.

Part of Noble’s Robust 2024 Events Calendar

The Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference is part of Noble’s 2024 event programming, featuring a range of c-suite interviews, in-person non-deal roadshows throughout the United States, two other sector-specific virtual equity conferences, and culminating in Noble’s preeminent in-person investor conference, NobleCon20, to be held at Florida Atlantic University in Boca Raton, Florida December 3-4. Keep an eye out for the official press release on NobleCon20 coming soon.

Check out the calendar of upcoming in-person non-deal roadshows here.

Sign up to receive more information on Noble’s other virtual conferences here.

What to Expect

The Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference will feature 2 days of corporate presentations from up to 50 innovative public consumer, communications, media, and technology companies, showcasing their latest advancements and investment opportunities. Each presentation will be followed by a fireside-style Q&A session proctored by one of Noble’s analysts or bankers, with questions taken from the audience during the presentation. Panel presentations are planned, featuring key opinion leaders in these sectors, providing valuable insights on emerging trends. Scheduled one-on-one meetings with public company executives, coordinated by Noble’s dedicated Investor Outreach team, are also available to qualified investors.

Why Your Company Should Present

Looking to increase awareness in your company and increase liquidity? Paid participation in Noble’s investor conferences, both virtual and in-person, provides that opportunity, with a tailored experience aimed at delivering substantial value. After 40 years of serving emerging growth companies, and the investors who follow them, Noble has built an investor base eager to discover where the next success story lies.

Noble’s investor base is relevant and, in many cases, new to your company. Noble’s dedicated Investor Outreach team provides unmatched exposure to investors that can invest in your company, including small money managers, family offices, RIAs, wealth managers, self-directed investors, and institutions. Most of Noble’s investors specifically seek undervalued, overlooked, emerging investment opportunities.

The cost to present includes your corporate presentation with a Q&A session proctored by one of Noble’s analysts or bankers, a webcast recording, scheduled 1×1 meetings with qualified investors, and marketing on Channelchek.

Benefits for Investors

Hear directly from the c-suite of the next innovators in consumer, communications, media, and technology and learn about new investment opportunities. The Q&A portion of each presentation gives you the opportunity to have your questions answered during or after the proctored session. The planned panel presentations are sure to provide expert insight on growing trends in the healthcare space. And, for qualified investors, one-on-one meetings are available with company executives; scheduled by Noble’s dedicated Investor Outreach team. All from the comfort of your own desk, and at no cost.

How to Register

Limited presenting slots are available

Publicly traded companies in these sectors can submit their registration details here.

If you have any questions about presenting, please contact events@noblecapitalmarkets.com

Investor / Guest attendees can register here

Interested in becoming a sponsor of Noble’s virtual and in-person investor conferences?

Contact events@noblecapitalmarkets.com for sponsorship information.

Release – Comtech Names Telecommunications and Public Safety Leader Jeff Robertson as President of Terrestrial & Wireless Networks Business Segment

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

March 21, 2024 04:05 PM Eastern Daylight Time

CHANDLER, Ariz.–(BUSINESS WIRE)–March 21, 2024– Comtech (NASDAQ: CMTL), a global technology leader, today announced the appointment of telecommunications and public safety industry leader Jeff Robertson as the Company’s new President of its Terrestrial and Wireless Networks business segment.

Prior to joining Comtech, Robertson served as President & CEO of Intrado Life Safety, a company specializing in first responder technology in North America. Under his leadership, Robertson enhanced Intrado Life Safety’s operating structure, implemented critical digital transformation initiatives, migrated legacy products to next-generation cloud-based infrastructures, improved employee retention, and strengthened key go-to-market partnerships in under four years. Intrado Life Safety was sold in 2023 for $2.4 billion under Robertson’s leadership.

Throughout his career, Robertson has held numerous leadership roles, including Senior Vice President of Public Safety for startup innovator RapidSOS, CEO of Airbus DS Communications North America, Vice President and General Manager of Intergraph’s public safety software division, CEO of TCI – TelControl, and CML Emergency Services. He was also the founding executive director of the 9-1-1 Industry Alliance.

“Jeff will be instrumental in helping Comtech continue to grow and capitalize on core business objectives,” said John Ratigan, Interim CEO of Comtech. “Jeff brings unique insights and deep industry expertise that are well aligned with our continued One Comtech journey, terrestrial and wireless technology developments, and long-term strategies in key markets.”

As President of the Terrestrial & Wireless Networks segment, Robertson will have P&L responsibility across the enterprise. Robertson will oversee all aspects of engineering, program management, operations, new product development, system design, strategic planning, and customer engagement for all Terrestrial & Wireless Networks areas of focus.

“I am thrilled to be a part of Comtech,” said Robertson. “Comtech already enjoys a leadership position in NG-911 solutions. I am excited to lead this business forward as we continue to help states and local governments around the world to provide the best possible public safety solutions for their communities. Comtech has the right people, products and culture to capture the opportunities ahead of us.”

Robertson has been involved in the field of public safety technology for over 25 years, serving as a sworn officer and deputy sheriff. He also has extensive experience in software development for the public safety sector and was awarded a U.S. Patent for Voice Over IP Delivery of 911 calls, which is widely used across the industry today.

Robertson graduated from the executive program at the Wharton School – University of Pennsylvania and received a degree in telecommunications from Toronto Metropolitan University.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions.For more information, please visit www.comtech.com.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

Contacts

Investor Relations
Maria Ceriello
631-962-7115
Maria.Ceriello@comtech.com

Media Contact
Jamie Clegg
480-532-2523
jamie.clegg@comtech.com