Tag: CMTL

Release – Comtech Receives $20.0 Million Order from Spectra Group to Service Multiple NATO and European Regional Orders for Next Generation Troposcatter Systems

Posted on by aweinsoff@channelchek.com

BY THE COMTECH EDITORIAL TEAM – NOV 9, 2023 | 3 MIN READ

MELVILLE, N.Y. — November 9, 2023 — Comtech (NASDAQ: CMTL), a global technology leader, announced today, the receipt of a $20.0 million order from the company’s UK-based partners, Spectra Group. The order will allow Spectra Group, the appointed regional distributor of Comtech’s Compact Over-the-Horizon Transportable Terminal (COMET), to service multiple orders already received, and several expected follow-on orders from undisclosed customers in the NATO and European regions.

Comtech’s feature-rich, network agnostic COMET system is designed to be easily integrated with other Department of Defense (DoD) and coalition tactical, mobile, and fixed communications systems to provide resilient, secure beyond-line-of-sight (BLOS) capabilities in some of the world’s most challenging environments. Each Comtech COMET is an end-to-end, rapidly deployable BLOS system that utilizes a single fully integrated Troposcatter hub, which includes the company’s CS67PLUS Troposcatter radio. The CS67PLUS is also embedded across each of Comtech’s next generation Family of Systems (FoS).

“Through this order from Spectra Group, Comtech is helping expand network agnostic, secure, and interoperable BLOS communications capabilities for our NATO and EU regional partners,” said Ken Peterman, President and CEO, Comtech. “As the DoD looks to enhance interoperable communications capabilities for coalition operations, Comtech’s Troposcatter FoS are uniquely designed to bring forward blended BLOS capabilities needed to enhance mission effectiveness and deter near-peer threats in all-domain environments.”

“These multiple customers for whom we’ve placed this order for stock, prove the confidence in Comtech’s COMET Troposcatter system and underline Comtech as being a world leader in this technology,” said Simon Davies, CEO, Spectra Group. “The COMET Troposcatter system provides low latency, high throughput BLOS communications in austere environments in what is a challenging satellite denied environment against a sophisticated enemy with a high electronic warfare capability. I’m delighted to be working with Comtech as their appointed distributor helping them to reach new customers with COMET.”

Comtech’s next generation Troposcatter FoS, which includes the company’s market leading COMET systems, provide military operators and other end users with innovative BLOS capabilities by scattering microwave radio signals off the upper layers of the troposphere. Today, we believe Comtech has the most deployed next generation Troposcatter systems in the world, which will help the DoD and coalition nations move to blended networks that can support Combined Joint All-Domain Command and Control (CJADC2) operations.

In September 2023, Spectra Group announced the receipt of a $8.0 million order from UK MoD to equip 3 (UK) Division with Comtech’s COMET systems. Spectra Group is now close to receiving additional orders for large quantities of Comtech’s COMET systems from other key NATO and European regional customers.

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.

About Spectra Group (UK) Ltd

Spectra has a proven record of accomplishment – with over 15 years of experience in delivering solutions for governments around the globe; elite militaries; and private enterprises of all sizes. As a dynamic, agile, security accredited organisation, Spectra can leverage this experience to deliver Cyber Advisory and secure Hosted and Managed Solutions on time, to spec and on budget, ensuring compliance with industry standards and best practices. Spectra’s gold-level partnerships with third-party vendors ensure best value and leading edge technology is used. On 23 November 2017, Spectra Group (UK) Ltd announced that it had recently been listed as a Top 100 Government SME Supplier for 2015-2016 by the UK Crown Commercial Services. Spectra Group (US) Inc was established in 2018 to directly support the US market.

Spectra Group were awarded the 5-year contact to be the UK distributor of Troposcatter COMET for US company COMTECH Systems Inc in late 2019. Comtech is a leading global provider of next-generation 911 emergency systems and critical wireless and satellite communication technologies.

Spectra’s CEO, Simon Davies, was awarded 2017 Businessman of the Year by Battlespace magazine.

Spectra was awarded the prestigious Queen’s Award for Enterprise (Innovation) in 2019 for SlingShot. Founded in 2002, the Company is based in Hereford, UK and holds ISO 9001:2015, ISO 27001 and Cyber Essentials Plus accreditation.

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

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Stellant Closes Acquisition of Power Systems Technology Product Line from Comtech

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – NOV 7, 2023 | 3 MIN READ

TORRANCE, Calif. & MELVILLE, N.Y. — Nov. 7, 2023 — Stellant Systems, Inc. (Stellant) and Comtech (NASDAQ: CMTL), both global technology leaders, announced today that the companies have closed, effective November 7, 2023, on the previously announced sale of Comtech’s Power Systems Technology (PST) product line. Stellant is a portfolio company of Arlington Capital Partners, a Washington D.C.-area private equity firm with extensive experience investing in regulated industries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231107094183/en/

Net cash proceeds received at closing by Comtech approximated $32.5 million and were used in part by Comtech to pay down outstanding debt on its existing Credit Facility. In connection with the consummation of the closing of the transaction, Comtech entered into a Third Amended and Restated Credit Agreement with its existing lenders and a Second Amended and Restated Certificate of Designations with its existing Series A convertible preferred shareholders, who both consented to the transaction. Comtech will provide financial and other information concerning the impact of the PST transaction during its next regularly scheduled quarterly earnings conference call to review the results of its fiscal quarter ended October 31, 2023, the exact date and time of which will be announced in advance.

About Stellant Systems, Inc.

Stellant Systems is a premier manufacturer of critical spectrum and RF power amplification systems to the space, defense, medical, science and industrial markets for both domestic and international customers. Stellant has three domestic manufacturing facilities and nearly 1,000 employees. For more information, visit www.Stellantsystems.com.

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.

About Arlington Capital Partners

Arlington Capital Partners is a Washington, DC-based private equity firm that has managed approximately $7 billion in capital commitments. Arlington is focused on middle market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. For more information, visit Arlington Capital’s website at arlingtoncap.com and follow Arlington on LinkedIn.

Forward-Looking Statements

Certain information in this press release contains forward-looking statements. Forward-looking statements can be identified by words such as: “will,” “intend,” “expect,” and similar references to future periods. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the consummation of the transaction and the anticipated benefits thereof. All such forward-looking statements are based upon current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions, many of which are beyond the control of Stellant and Comtech, that could cause actual results to differ materially from those expressed in such forward-looking statements. Important risk factors that may cause such a difference include, but are not limited to: anticipated tax treatment, unforeseen liabilities, the possibility that any of the anticipated benefits of the transaction will not be realized or will not be realized within the expected time period, and other factors as described in Comtech’s filings with the Securities and Exchange Commission, including those under the heading “Risk Factors” in Comtech’s most recent Annual Report on Form 10-K. Stellant and Comtech 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.

PCMTL

For Stellant Systems

Media:

Suzanne Lamb

Stellant Systems, Inc.

+1 (858) 336-0013

suzanne.lamb@Stellantsystems.com

For Comtech:

Investor Relations:

Robert Samuels

Comtech Telecommunications Corp.

+1 (631) 962-7102

robert.samuels@comtech.com

Media:

Jamie Clegg

Comtech Telecommunications Corp.

+1 (480) 532-2523

jamie.clegg@comtech.com

Comtech Telecommunications (CMTL) – A Transformational Year

Posted on by cpereira@noblefcm.com


Tuesday, October 17, 2023

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, 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.

4Q23 Results. Revenue of $148.8 million was up 9.2% sequentially, well above the management’s 1%-4% projected sequential growth. Y-o-Y revenue was up 17.2%. We were at $140 million. Adjusted EBITDA totaled $18.9 million, versus $12.7 million in 4Q22. We were at $13.4 million. Comtech reported a net loss of $5.3 million, or a loss of $0.19 per share, compared to a net loss of $6.9 million, or $0.26 per share last year. Adjusted EPS was $0.29 versus $0.24. We had forecast a net loss of $8.2 million, or a loss of $0.29 per share, and adjusted EPS of $0.21.

Transformational Year. We believe FY23 was a transformational year for Comtech. The business structure has been simplified, synergies are becoming apparent, cost savings can be seen in the operating results, and major new contract awards provide a solid foundation for future growth.


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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Comtech Telecommunications (CMTL) – Major New Awards

Posted on by cpereira@noblefcm.com


Tuesday, October 10, 2023

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, 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.

U.S. Army Award. Yesterday, Comtech announced that it was recently awarded a U.S. Army contract with a maximum ceiling value of $544 million. The task order was awarded on Comtech’s existing contract with the U.S. Army, which leverages the ten-year, $5.1 billion Global Tactical Communications Systems II IDIQ contract vehicle.

Details. Under the contract, Comtech will provide onsite professional engineering services as well as supply and support the Company’s market leading satellite and terrestrial networking communications technologies for the Project Manager Tactical Network for the Global Field Service Representative (GFSR) support program. The GFSR program provides ongoing communications and IT infrastructure support for the Army, Air Force, Navy, Marine Corps, and NATO-enabling U.S. and coalition forces to maintain robust, resilient, and secure connectivity for global all-domain operations in all environments.


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Comtech Receives U.S. Army Contract with $544 Million Ceiling to Provide Communications and Engineering Support Services

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

MELVILLE, N.Y. –
Oct. 9, 2023– Comtech (NASDAQ: CMTL) announced today that it was recently awarded a U.S. Army contract with a maximum ceiling value of $544 million.

Under the contract, Comtech will provide onsite professional engineering services, as well as supply and support the company’s market leading satellite and terrestrial networking communications technologies for the Project Manager (PM) Tactical Network (TN) for the Global Field Service Representative (GFSR) support program.

The GFSR program provides ongoing communications and IT infrastructure support for the Army, Air Force, Navy, Marine Corps, and NATO-enabling U.S. and coalition forces to maintain robust, resilient, and secure connectivity for global all-domain operations in all environments.

“This contract award further demonstrates the differentiated value of our networked communications technologies, as well as the unique, comprehensive domain expertise of our people providing professional engineering services for critical U.S. Department of Defense (DoD) missions across a comprehensive array of government programs,” said Ken Peterman, President and CEO, Comtech. “Comtech’s professional engineering services and our extensive portfolio of resilient, blended, smart-enabled networked communications technologies will help the DoD and coalition partners maintain an assured information advantage in an age of Combined Joint All Domain Command and Control (CJADC2) operations.”

This task order was awarded on Comtech’s existing contract with the U.S. Army, which leverages the ten-year, $5.1 billion Global Tactical Communications Systems (GTACS) II indefinite delivery / indefinite quantity (IDIQ) contract vehicle. Comtech was initially selected as one of multiple GTACS II IDIQ awardees in 2020. The GTACS II contract is designed to support of the Program Executive Office Command, Control and Communications-Tactical (PEO C3T), and PM TN. GTACS II provides the rapid acquisition of a wide range of C3T hardware, software, engineering services and logistics support services with an emphasis on tactical satellite communications.

Comtech’s portfolio of defense technologies and services, including those provided under this contract, are uniquely positioned to deliver capabilities that will enhance CJADC2 operations. The company has extensive experience developing and deploying customized, interoperable, robust, and resilient communications systems for all branches of the DoD and coalition forces. Comtech’s expansive portfolio of defense and security technologies is designed to continuously evolve over time to meet emerging Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) use cases and enhance mission effectiveness in future all-domain command and control operations.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20231008650556/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech to Report Fourth Quarter Fiscal 2023 Results on October 12, 2023

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – OCT 3, 2023 | 2 MIN READ

MELVILLE, N.Y. –
October 3, 2023– Comtech (NASDAQ: CMTL) today announced that it plans to release its fourth quarter fiscal 2023 and full year results after the market closes on Thursday, October 12, 2023.

At 5:00 p.m. ET that day, Ken Peterman, Comtech’s Chief Executive Officer and President, will hold a conference call to discuss the Company’s fourth quarter fiscal 2023 and full year results, operations, and business trends. A real-time webcast of the call will be available to the public at the investor relations section of the Comtech web site at www.comtech.com. Alternatively, investors can access the conference call by dialing (800) 579-2543 (domestic) or (785) 424-1789 (international) and using the conference I.D. of “Comtech.” A replay of the call will also be available by dialing (800) 839-3020 or (402) 220-7234 through Thursday, October 26, 2023.

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 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/20231003217522/en/

Comtech Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Release – U.S. Army Awards Comtech $48.6 Million for Next Generation EDIM SATCOM Solutions

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – OCT 3, 2023 | 2 MIN READ

Comtech EDIM to Become One of the Primary Solutions Used for U.S. Military SATCOM

MELVILLE, N.Y. –
October 3, 2023– Comtech (NASDAQ: CMTL) announced today the company was recently awarded a $48.6 million contract to deliver Enterprise Digital Intermediate Frequency Multi-Carrier (EDIM) modems in support of U.S. Army satellite communications (SATCOM) digitization and modernization programs.

Under the contract, Comtech will design, develop, test, and deliver EDIM units and provide hardware, software, and sustainment services to support performance enhancements for EDIM solutions. Comtech’s EDIM modems are designed to support multiple satellite providers and will become one of the primary modems used for U.S. military SATCOM.Comtech’s EDIM modems will also replace the aging Enhanced Bandwidth Efficient Modem (EBEM) currently supporting Army, Navy, and Air Force SATCOM users with an advanced digital and software-defined platform.

“Our EDIM SATCOM modems are designed to enable the Department of Defense (DoD) to move to digitized, hybrid satellite network architectures-enabling warfighters to easily roam across orbital regimes and blend capabilities from traditionally disparate networks to maintain an information advantage in the world’s most challenging geographies,” said Ken Peterman, President and CEO, Comtech. “This strategic contract award further illustrates the trust of our DoD customers and Comtech’s ability to deliver innovative software-defined solutions that meet the mission demands of today and can easily adapt to meet the operational needs of the future. Our EDIM modems are designed to continuously evolve over time with the ability to introduce performance enhancements and new blended services that can reduce operator burden and significantly enhance all-domain mission effectiveness.”

Built on open architecture standards, Comtech’s EDIM solutions are designed to be easily integrated with other terrestrial and non-terrestrial communications systems to enabled unified hybrid network infrastructures that will bring forward a new era of blended, smart-enabled connectivity.

Comtech’s portfolio of defense technologies and services, including those provided under this contract, are uniquely designed to align with Space Force Enterprise SATCOM vision and deliver capabilities that will enhance Combined Joint All Domain Command and Control operations. Comtech’s expansive portfolio of defense and security technologies is designed to continuously evolve over time to enable digitalized SATCOM ground network infrastructures; introduce 5G, 5G advanced and 6G capabilities; and integrate Comtech’s proven Dynamic Cloud Platform services across blended terrestrial, non-terrestrial, military and commercial networks to significantly enhance mission effectiveness in future all-domain operations.

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

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech Launches Network Agnostic Dynamic Cloud Platform for Satellite Providers

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – SEP 14, 2023 | 2 MIN READ

MELVILLE, N.Y. –
September 14, 2023 — Comtech (NASDAQ: CMTL) announced today its Dynamic Cloud Platform (DCP) is now available for commercial and government satellite service providers in U.S. and international markets.

Comtech’s DCP will enable traditionally disparate satellite systems and ground station infrastructures to be easily integrated, creating a new path to introduce cloud-based applications, waveforms, and services. The company’s DCP is designed to be infrastructure, cloud, and application agnostic-allowing satellite customers to easily orchestrate, integrate, and manage a wide variety of applications, waveforms, and services across private, public, and hybrid cloud-based networks.

“We have proven and extensive experience integrating a variety of 5G technologies levering Comtech’s DCP for a number of terrestrial and wireless customers, including tier-1 mobile network operators,” said Ken Peterman, President and CEO, Comtech. “Now, our DCP is expanding into the satellite and space market-opening the door for commercial and government customers to integrate new network agnostic waveforms and applications that will help usher in a new era of ubiquitous, smart-enabled connectivity.”

Comtech is conducting trials and initial testing that will enable multiple satellite-based waveforms to be deployed using DCP across different cloud-based infrastructures. As part of the launch, Comtech’s DCP now offers a unique satellite-based software development kit to allow for the integration of virtualized ground stations and other applications across cloud networks. Comtech is also offering professional services to assist satellite customers with the integration of new applications on its DCP.

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

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech Unveils New BRIDGE Solutions to Increase Access to Global Hybrid Connectivity

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

BY THE COMTECH EDITORIAL TEAM – SEP 12, 2023 | 3 MIN READ

Solutions uniquely designed to BRIDGE the digital divide and complement existing networks

MELVILLE, N.Y. –
Sept. 12, 2023–Comtech (NASDAQ: CMTL) today launched its new blended, resilient, integrated, digital, global, end-to-end (BRIDGE) connectivity solutions. Comtech’s BRIDGE solutions provide portable, adaptable, full-service communications networks that can be established in a matter of hours and help “bridge the gap” for traditional satellite and terrestrial infrastructures.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230911846476/en/

Comtech’s BRIDGE solutions are designed to be infrastructure, cloud, and application agnostic-enabling new options for interoperable connectivity services and applications in the world’s most challenging geographies. (Photo: Business Wire)

Comtech’s BRIDGE solutions are designed to overcome geographical and environmental challenges to deliver robust and resilient connectivity to places where it was previously unavailable or overlooked. The company’s BRIDGE solutions are tailored to meet urgent needs of initial customer sets including emergency service providers, remote communities, military operators, and maritime customers.

“Our new BRIDGE connectivity solutions align with our mission to democratize access to communications technologies and empower a truly connected planet,” said Ken Peterman, President and CEO, Comtech. “As the name implies, Comtech’s BRIDGE solutions will play a significant role in bridging the digital divide and delivering connectivity to commercial and government customers when and where it matters most. BRIDGE provides a brand-new layer of connectivity that complements existing satellite and terrestrial services to keep people connected and help usher in a new era of unified hybrid network architectures that will enable always-on, ubiquitous global connectivity.”

Comtech’s BRIDGE solutions are designed to be infrastructure, cloud, and application agnostic-enabling new options for interoperable connectivity services and applications in the world’s most challenging geographies. With Comtech’s software-defined technology embedded at the core, BRIDGE solutions can continuously evolve over time to meet emerging government and commercial use cases as well as support future smart-enabled networks across a variety of global markets and geographies.

The company’s BRIDGE solutions deliver vital information both line of sight (LOS) as well as hundreds of miles over the horizon, or beyond-line-of-sight (BLOS). Inclement weather, which can interfere with satellite and terrestrial networks, enhances the performance of Comtech’s BRIDGE solutions-allowing this new technology to bridge the gap when other communications networks are unavailable.

Over the summer, Comtech began introducing BRIDGE to select customers. In August, the company successfully completed multiple proof of concept demonstrations for its BRIDGE solutions for maritime users. During the customer demonstrations, the BRIDGE solutions showcased unique, robust, and resilient ship-to-shore connectivity-delivering reliable on the move communications capabilities nearly 70 miles from shore.

BRIDGE solutions are now available for U.S. and international customers including:

  • Emergency Response: Following broad scale natural disasters such as hurricanes, communications infrastructure is often heavily impacted. BRIDGE offer a new mechanism to rapidly restore connectivity infrastructures, which can help keep communities connected and enhance disaster relief efforts.
  • Maritime: BRIDGE solutions provide maritime customers with unique BLOS ship-to-ship and ship-to-shore long distance, high throughput communications capabilities on the move. BRIDGE provides a new alternative to maritime satellite and cellular communications capabilities.
  • Military Operations: BRIDGE deliver new network agnostic, resilient and secure BLOS communications capabilities designed significantly improve situational awareness for U.S. and coalition forces. Comtech’s BRIDGE solutions also create new interoperable connectivity layers needed to enhance Combined Joint All Domain Command and Control (CJADC2) operations.
  • Remote Communities: BRIDGE serves as a cost-effective and reliable solution to provide high-speed internet access to remote areas and isolated towns where access to satellite and cellular service remains unavailable.

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

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Comtech Telecommunications (CMTL) – New Contract Awarded

Posted on by cpereira@noblefcm.com


Friday, July 14, 2023

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, 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.

Troposcatter Contract. Yesterday, Comtech announced that the Company was awarded a contract from Fairwinds Technologies, LLC. The contract is for $30 million in which Comtech will provide the Company’s next-generation Troposcatter Family of Systems (FOS) in support of U.S. Army tactical communications. Under the contract, Comtech will be providing leading software-defined Troposcatter FOS to enhance U.S. Army Beyond-Line-of-Site communications across all domains. No timetable was given for the completion of the contract. The new contract complements the existing award from the U.S. Marines, in our view.

Fairwinds Technologies Overview. Fairwinds Technologies is a systems integrator and engineering services firm that designs and integrates communications, networking and information technology solutions to serve defense and civilian agencies around the world. Recent customers for the company include the U.S. Army and Defense Information Systems Agency.


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Comtech Awarded $30 Million Troposcatter Contract to Support US Army Communications

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

COMTECH – JUL 13, 2023 | 2 MIN READ

Comtech’s Troposcatter Systems to Enhance U.S. Army BLOS Communications Across All Domains

MELVILLE, N.Y. –
July 13, 2023– Comtech (NASDAQ: CMTL) announced today that the company was recently awarded a $30 million contract from Fairwinds Technologies, LLC to provide Comtech’s next-generation Troposcatter Family of Systems (FOS) in support of U.S. Army tactical communications.

Under this contract, Comtech will provide its leading software-defined Troposcatter FOS to enhance U.S. Army Beyond-Line-of-Site (BLOS) communications capabilities across all domains. With the most deployed Troposcatter communications systems in the world, Comtech’s feature rich FOS can be seamlessly integrated with other communications systems to provide the U.S. Army with integrated, resilient, and flexible network architectures that can be used to significantly enhance the situational awareness picture in nearly every environment.

“This award further demonstrates Comtech’s global leadership in turnkey Troposcatter communications technologies as well as the value of our battle-proven FOS, which can deliver robust, high capacity BLOS capabilities when and where they matter most,” said Ken Peterman, President and CEO, Comtech. “Through this award, we believe Comtech will become the leading provider of next-generation Troposcatter systems for the U.S. Army.”

Comtech’s portfolio of defense and security technologies, including its next-generation Troposcatter FOS, are designed to deliver the integrated communications capabilities needed to enhance Combined Joint All Domain Command and Control (CJADC2) operations. Comtech has extensive experience developing and deploying customized, interoperable, robust, and resilient communications systems and services for all branches of the U.S. Department of Defense, as well as coalition forces.

Comtech’s Troposcatter FOS are squarely positioned to support military operations, disaster response situations, emergency communications restoration events, and other government and commercial applications. With software defined technologies embedded at the core, Comtech’s Troposcatter systems can continuously evolve over time to meet emerging government and commercial use cases as well as support future smart-enabled networks across a variety of global markets and geographies.

Headquartered in Annapolis, Maryland, Fairwinds Technologies designs and integrates communications, networking, and information technology solutions to serve defense and civilian agencies around the world.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230712232860/en/

Comtech Contacts:

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Relations

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Comtech Telecommunications (CMTL) – Investor Day

Posted on by cpereira@noblefcm.com


Monday, June 26, 2023

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, 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.

Investor Day. We attended Comtech’s Investor Day at the new Chandler, AZ facility. We came away impressed not only with Ken Peterman’s vision, but also the management team he has assembled and the vast potential for Comtech as Mr. Peterman’s vision is implemented.

Highlights. While we previously have written about the key takeaways of the Investor Day, we reiterate the points here: the Company’s transformation into One Comtech is ahead of schedule, implementation of lean operating and growth initiatives has begun, EVOKE partnerships open up whole new opportunities, and the transition into a higher margin, faster growing software, solutions, services, and insights business is forthcoming.


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Comtech Joins the AWS Partner Network to Deliver Interoperable Cloud Solutions

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

COMTECH – JUN 20, 2023 | 2 MIN READ

MELVILLE, N.Y. –
June 20, 2023– Comtech (NASDAQ: CMTL) announced today that it has joined the Amazon Web Services (AWS) Partner Network (APN) and completed the AWS Technical Review to validate a Comtech solution.

The APN is a global community of AWS Partners that leverage programs, expertise, and resources to build, market, and sell customer offerings in diverse global markets. As an APN member, Comtech will provide customers access to the company’s portfolio of technologies on AWS, new solutions that deliver meaningful insights and innovative services when and where they matter most.

“Joining the AWS Partner Network further demonstrates the substantial value of Comtech’s network agnostic cloud-based technologies,” said Ken Peterman, President and CEO, Comtech. “By working with AWS and completing the AWS Foundational Technical Review for Comtech technologies, we will empower customers by opening the door to new services and solutions that can accelerate the digital transformation needed to improve nearly every industry.”

Validated by the AWS Foundational Technical Review (FTR), Comtech’s solution provides commercial and government customers with a comprehensive understanding of events unfolding in real-time, in both terrestrial and non-terrestrial environments, through precision location-based services, Internet of Things (IoT) device technologies, and insightful data analytics capabilities delivered on a single intuitive application. Through reinforcing Comtech’s solution around a defined set of best practices and requirements for security, reliability and operational excellence, the company can now deliver a secure and scalable solution on AWS’s global infrastructure.

With hundreds of patents spanning terrestrial and satellite communications as well as location-based services, Comtech is providing access to global connectivity and communications technologies that enable new data processing and analytics capabilities designed to generate meaningful insights and uncover a number of new economic growth opportunities for customers.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20230619617481/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com