OTTAWA, November 22, 2022 – C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today that it will open a new R&D facility in Waterloo, Ontario, Canada for the development and commercialization of its Electronically Steered Phased Array antenna.
The new site is located on the campus of the University of Waterloo and will open in January 2023.
“The new Waterloo R&D center represents a strategic expansion for C-COM, tapping into the wealth of tech talent, and the availability of a highly advanced on-campus antenna test facility, while reinforcing our commitment to commercialize the newly developed phased array technology.” said Bilal Awada, CTO, C-COM Satellite Systems Inc.
The Company has developed a low-profile, lightweight, Ka-band vehicle mounted antenna that can track GEO, LEO and MEO constellations while in motion. The antenna technology is based on small 4×4 transmit and receive phased array modules which are the main building blocks for bigger size antennas and can be conformal to any curved surfaces.
C-COM iNetVu® in Motion Phased Array Antenna
This new revolutionary antenna technology is a result of more than 6 years of R&D collaboration between C-COM and the University of Waterloo. The Company expects to develop several different models of this antenna that can be deployed for use for land mobility and other markets such as maritime and aeronautical.
“The Waterloo region is the perfect place for us to expand our footprint and help develop our next generation COTM (Communications on The Move) phased array antennas,” said Dr. Leslie Klein, President and CEO, C-COM Satellite Systems Inc.
The C-COM iNetVu® mobile proprietary antennas, and services associated with these products, are used in mobile applications by corporations, government agencies, the military, law enforcement, homeland security, utilities, oil and gas platforms, police, fire, medical and other security, and emergency services with a need for affordable mobile 2-way high-speed Internet over Satellite connectivity.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a pioneer and world leader in the design, development, and manufacture of transportable and mobile satellite-based antenna systems. The Company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies.
C-COM has sold more than 10,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil & Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The Company’s iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness.
C-COM is in late-stage development of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. In cooperation with the University of Waterloo, C-COM is engaged in the design of this unique antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals. For additional information please visit www.c-comsat.com
iNetVu® is a registered trademark of C-COM Satellite Systems Inc.
The Company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF).
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Forward Looking Statements
This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management’s current expectations and assumptions. Statements about C-COM’s new location and its expectations for the activities to be conducted there, and its intentions and expectations with respect to its Ka-band antenna all contain forward-looking information. Several factors could cause actual events, performance, or results to differ materially from the events, performance and results discussed in the forward-looking statements. Anticipated benefits of the new location and technology may not be realized, and new products and services may not be released or, if released may not gain market acceptance. Any of those events and others could influence future performance and C-COM Satellite Systems Inc.’s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances. Readers are directed to the risk factors associated with the business of C-COM Satellite Systems in the company’s most recent MD&A available at www.SEDAR.com.