CYSNF - C-Com Satellite Systems secures $2.65M antenna supply order

C-Com Satellite Systems (OTCQB:CYSNF) stated Tuesday that it has received $2.65M order for its iNetVu 1200 vehicle mount antenna systems from one of its resellers. To put this in perspective, the company's annual revenue stood at C$9.15M for fiscal year ended Nov. 30, 2021.  This fully automatic antenna features to provide broadband internet where no connectivity exists just through the press of a button for it to locate the desired satellite. The company told first group of these antenna systems have already been delivered, with the balance scheduled to ship in the second and third quarters of C-COM's 2022 fiscal year. "This significant order from a global leader in satellite communications, is a testimony to the quality and reliability as well as the world-wide acceptance of the iNetVu series of antennas," said Leslie Klein, President, and CEO of C-COM.

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C-Com Satellite Systems secures $2.65M antenna supply order