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Baylin Technologies Announces Receipt of $537,000 Purchase Order from US Department of Defense

Baylin Technologies Announces Receipt of $537,000 Purchase Order from US Department of Defense ...

articleBaylin Technologies, Inc.March 27, 20235/company/baylin-technologies-inc/news/baylin-technologies-announces-receipt-of-dollar537000-purchase-order-from-us-department-of-defense
Baylin Technologies Announces Receipt of $537,000 Purchase Order from US Department of Defense

About this update from Baylin Technologies, Inc.

[{"type":"text","content":"\n \n \n \n Baylin Technologies Announces Receipt of $537,000 Purchase Order from US Department of Defense\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 27, 2023\n \n \n /CNW/ - Baylin Technologies Inc. (TSX: BYL) (the \"Company\") is pleased to announce that its Advantech Wireless Technologies subsidiary has received a\n \n $537,000\n \n (CAD) order from a major US Government Systems Integrator specifically for the US Department of Defense for its frequency converters. This order is the latest installment of an IDIQ (indefinite delivery, indefinite quantity) program for specially designed radio frequency converters.\n \n \n \n \n \n \n \n \n \n Frequency converters are essential to facilitating satellite communications. Advantech offers a full line of converters, filters, and solid state power amplifiers, covering all Satcom frequency bands, including those heavily relied on by western governments worldwide.\n \n \n \n About Baylin\n \n \n \n Baylin is a leading diversified global technology company. The Company focuses on the research, design, development, manufacturing, and sale of passive and active radio-frequency products, satellite communications products, and supporting services.\n \n \n \n Forward-Looking Statements\n \n \n \n This press release includes forward-looking information and forward-looking statements (together, \"forward-looking statements\") within the meaning of applicable securities laws. They are not statements of historical fact. Rather, they are disclosure regarding conditions, developments, events, or financial performance that we expect or anticipate may or will occur in the future, including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management's beliefs, estimates, intentions and plans, and statements concerning anticipated future circumstances, events, expectations, operations, performance, or results. Forward-looking statements can be identified generally by ...

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