8.7.2005: Meldung: SatCon Technology Corp.: $2.4M Follow-on Order For RF Millimeter Wave Amplifier Assembly
Wednesday July 6, 8:00 am ET
BOSTON--July 6, 2005--SatCon Technology Corporation (Nasdaq NM: SATC - News) today announced that SatCon Electronics, a wholly owned subsidiary and a designer and manufacturer of high reliability electronic components, recently received a follow-on order for high frequency amplifier assemblies totaling $2.4M. SatCon Electronics supplies these devices to a major military contractor for use in secure satellite communication mobile base stations and continues to earn customer awards for on-time delivery and product performance. This product is used in a number of mission critical areas. In addition, SatCon Electronics has also received the first release for a new design of next generation assemblies indicating further business in this area.
"We are very pleased to continue to support our customers with systems performing to the highest standards possible and look forward to continued strategic business for our Millimeter Wave products," said Millard Firebaugh, SatCon"s President and Chief Operating Officer. "Our high frequency product line continues growth while we begin a major expansion effort with our power product line for use in high reliability military, avionics, and satellite systems," added Firebaugh.
More detailed information regarding SatCon Electronics and its products can be viewed at www.satcon.com.
About SatCon Technology Corporation
SatCon Technology Corporation manufactures and sells power control systems and alternative energy and high-reliability industrial automation applications. Products include inverter electronics from 5 kilowatts to 5 megawatts, power switches, and hybrid microcircuits for industrial, medical, military and aerospace applications. SatCon also develops and builds digital power electronics, high-efficiency machines and control systems.
SatCon Technology Corporation
David Eisenhaure, 617-897-2400
Chief Executive Officer
John Ewen, 212-375-2953
Jeff Wadley, 407-644-4256
Source: SatCon Technology Corporation