26 Aug EM Solutions secures orders for new Maritime Terminal
EM Solutions secures $15m orders from NATO Navies for new ‘Fleet’ Maritime Satellite Communications Terminal
Electro Optic Systems Holdings Limited (“EOS” or “Company”) (ASX: EOS) subsidiary EM Solutions has recently received a series of orders to supply its new 2-metre Fleet Satellite Communications Terminals to three leading NATO navies. The new contracts, valued at more than $15 million, will deliver terminals for several European frigates and warships during the course of 2022 and 2023. This takes EM Solutions’ order book to more than $38 million.
The Fleet Terminal is a new variant of the maritime communications terminal being developed for the Royal Australian Navy, under a contract with the Australian Defence Innovation Hub. The 2-metre terminal, designed to meet the most severe environmental and performance conditions, will operate like the existing 1-metre Cobra terminals, in both X-, Ka-, and commercial satellite bands. With its larger antenna, it will be capable of supporting higher data rates, while its duplicated systems make the terminal the most resilient on the market.
EM Solutions CEO Dr Rowan Gilmore, said:
“Last year we supplied a number of our 1-metre Cobra maritime satellite systems to our partner navies in Europe, and this has now given these customers the confidence to proceed with placing orders for EM Solutions’ new 2-metre Fleet maritime terminal. This new capability will bring robust and secure communications into the very core of their fleets.”
EOS Communications Systems CEO Glen Tindall said:
“This latest order increases EM Solutions committed backlog for its world-leading terminals to more than one and a half years’ revenue. This continued growth in our order book attests to our strong customer partnerships and ability to co-develop systems that meet real customer needs”.