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Phasor Achieves Commercial Milestone with Contracts Worth Over $300 Million

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Phasor Achieves Commercial Milestone with Contracts Worth Over $300 Million

Canada NewsWire

Contracts span commercial maritime, aeronautical and land-mobility communications markets 

WASHINGTON, Aug. 23, 2018 /CNW/ - Phasor, the pioneering developer of broadband, electronically steerable antenna systems (ESAs), announced today that it achieved an important milestone by securing commercial contracts valued at over $300 million. These multi-year product contracts are tied to exclusivity with key customers in defined target markets.

(Logo: https://mma.prnewswire.com/media/720259/Phasor_Logo.jpg )

"These contracts demonstrate Phasor's progression from a technology development firm to a products company focussed on delivering enterprise-grade ESAs to commercial mobile broadband markets," said David Helfgott, CEO, Phasor.

Over the coming months, Phasor expects to announce additional contracts across its commercial mobile broadband and government Communications-on-the-Move (COTM) target markets.

Phasor's very low profile, electronically steerable antennas enable high-bandwidth service in a more reliable, robust and failure-tolerant way. The antennas are solid-state, with no moving parts, to allow electronic tracking of satellite signals. The modular architecture of the Phasor technology allows antennas to scale to virtually any use-case requirement, fixed or mobile. The antennas can be flat or conformal, and fitted seamlessly to moving aircraft, ships or land-based vehicles. Phasor's technology is very well suited to support fixed satellite networks, High Throughput Satellite networks and Non-Geosynchronous satellite networks.

About Phasor 

Phasor is a leading developer of high throughput, enterprise-grade electronically steerable antenna antennas, headquartered in Washington DC, with a technology development subsidiary in London. Phasor's electronically steerable antennas are based on patented innovations in dynamic beam forming technologies and system architecture. Phasor's mission is to enable high-speed broadband communications while in-flight, at sea or travelling over land. For more information please visit http://www.phasorsolutions.com

SOURCE Phasor

View original content: http://www.newswire.ca/en/releases/archive/August2018/23/c6756.html

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