C-Com Satellite Systems records bumper sales in August

About this update from C-com Satellite Systems Inc.

[{"type":"text","content":"C-Com Satellite Systems records bumper sales in August\n \n \n (NewsDirect)\n \n \n \n \n C-Com Satellite Systems Inc (TSX-V:CMI,\nOTCQB:CYSNF) CEO Leslie Klein speaks to Thomas Warner from Proactive\nafter the satellite-based antenna systems company announced it sold\nmore than US$3 million of equipment during August 2023.\n \n \n Klein starts by giving a brief overview of\nhow the business has been performing over the last eighteen months,\nhighlighting its successful reemergence from the COVID-19 pandemic and\na ramp-up in sales since, particularly in their innovative Manpack\nproduct, which is portable and ideal for emergency and military\napplications.\n \n \n Klein emphasises that\ntheir products, although not currently built to military\nspecifications, are gaining traction in the military market due to\ntheir user-friendliness and affordability. He notes that C-Com has a\ndiverse product portfolio with 30 offerings catering to various\nsatellite markets and highlights the company's impressive\nfinancial stability, with no debt and $25 million in working capital.\n \n \n He also suggests that C-Com is on\nthe verge of revolutionising the satellite communication industry with\nthe development of an electronic phased array antenna for\ncommunication on the move, opening doors to a potential $17 billion\nmarket.\n \n \n Klein will be presenting this groundbreaking technology\nat the Planet MicroCap conference in Vancouver on 6 September.\n \n \n \n Contact\nDetails\n \n \n \n Proactive Investors\n \n \n +44 20 7989 0813\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2067,"tagName":"div"}]

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