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Global Invacom ( (SG:QS9) ) has issued an announcement.
Global Invacom Group has secured worldwide exclusive distribution rights for the Prodelin range of VSAT sheet moulding composite antennas from Premix-Hadlock, part of GMR Companies, under a two-and-a-half-year agreement. The professional-grade antennas, approved by Intelsat and Eutelsat and covering C, Ku, Ka and X bands, span 1.2m to 3.8m for transmit/receive and up to 4.5m for receive-only applications.
The partnership allows Global Invacom to bundle Prodelin’s high-quality SMC antennas with its own RF electronics, motor control systems and XRJ transceiver to offer more complete satcom solutions for VSAT, cellular backhaul, and government and defence ground stations. While the deal is not expected to materially affect earnings in the current financial year, it strengthens Global Invacom’s portfolio and market positioning in high-specification antenna systems, particularly for mission-critical and defence-related applications.
More about Global Invacom
Global Invacom Group is a Singapore-listed provider of satellite ground equipment, offering innovative technology, RF electronics and integrated manufacturing for satellite communications, satellite TV and satellite navigation markets. The group operates sales, R&D and manufacturing facilities across Asia, the Middle East and Europe, serving a global blue-chip customer base.
Average Trading Volume: 7,080,615
Technical Sentiment Signal: Buy
Current Market Cap: S$19.56M
See more insights into QS9 stock on TipRanks’ Stock Analysis page.