OTTAWA, January 10, 2017 – C-COM Satellite Systems Inc. (TSXV: CMI; US – OTC: CYSNF), the leading global provider of mobile auto-deploying satellite antenna systems, announced today that it is co-funding an Industrial Research Chair in Intelligent Antenna and Radio Systems for the next Generation Millimeter Wave Mobile Communications at the University of Waterloo.
The five-year project, co-funded by Natural Sciences and Engineering Research Council of Canada (NSERC) and C-COM, goes to the Industrial Research Chair held by Professor Safieddin (Ali) Safavi-Naeini, who leads a team of researchers at the University of Waterloo, faculty of Engineering in the department of Electrical and Computer Engineering. The primary goal of the research will be the development of a new modular, low-cost, intelligent antenna for next generation of mobile satellite communications. C-COM will provide total cash funding of $3,055,000 payable in installments until the end of 2020 which will be matched by NSERC.
C-COM will also provide $751,000 of in-kind support to the project. Under the terms of the agreement relating to the project, C-COM will own the intellectual property resulting from the research conducted.
“Our main objective has always been to deliver the very best in Canadian-made satellite communications technology to the world,” said Dr. Leslie Klein, President & CEO of C-COM Satellite Systems Inc. “C-COM and the University of Waterloo have had a long standing partnership to fulfill these goals and we look forward to working with them to create the most advanced next generation antenna systems for the global satellite marketplace.”
“Digital technologies are playing a major role in what many have referred to as the fourth industrial revolution,” said B. Mario Pinto, president of NSERC. “NSERC is proud to further drive innovation in wireless communications by supporting this research partnership in advanced satellite antenna systems. Dynamic collaborations between industry and academia are vital to transformative advances and breakthroughs in this field.”
Professor Safavi-Naeini is also the Director of the Centre for Intelligent Antenna and Radio Systems, and has partnered with C-COM in the patenting of modular scalable millimeter-wave phased array technology. “Once you have a low-cost, ultra-thin, light-weight, smart, and highly modular active antenna (intelligent radiating skin), you can have mobile high performance internet connection everywhere,” said Safavi-Naeini. “We have the potential to make this technology affordable and bring it to many parts of the world that have been left behind.“
NSERC invests over $1 billion each year in natural sciences and engineering research in Canada. Our investment delivers discoveries, valuable world-firsts in knowledge claimed by a brain trust of over 11,300 professors, world-leading researchers in their fields. Our investments enable partnerships and collaborations that connect industry with discoveries and the people behind them. Researcher-industry partnerships established by NSERC help inform R&D, solve scale-up challenges and reduce the risks of developing high-potential technology.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in the development, manufacture and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles. C-COM has developed a number of proprietary Mobile auto-deploying (iNetVu®) antennas that deliver broadband over satellite into vehicles while stationary virtually anywhere where one can drive. The iNetVu® Mobile antennas have also been adapted to be airline checkable and easily transportable. More than 7000 C-COM antennas have been deployed in 103 countries around the world in vertical markets such as Oil & Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Banking, and others. The Company's satellite-based products are known worldwide for their high quality, reliability and cost-effectiveness.
C-COM is also involved in the design and development of a new generation of Ku and Ka-band (communications on the move) antennas, which will deliver satellite broadband solutions into vehicles, trains and buses while in motion. More information is available at: www.c-comsat.com
iNetVu® is a registered trademark of C-COM Satellite Systems Inc.
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the research being conducted as described above and associated with the business of C-COM. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “will”, "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions. Statements about the intention to conduct and/or complete research, anticipated results of such research and any statements about the range or features of products that may result from such research or the markets in which such products may be sold are forward-looking statements. The forward-looking statements reflect the current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The research may not be completed, may have unanticipated results and may not produce results that are positive or useful. Products developed based on the results of such research may not have the features or functionality anticipated and may not gain market acceptance. Except as required by law, C-COM assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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