Company
Orbit
+2.63%
Base:2,092
opening:2,120
High:2,184
low:2,120
change:156,689
Page Quote News Graphs Company Profile Recommendations
More articles on the subject:
Controlled by the Phimie Foundation (31.4%) and deals with satellite communications, tracking systems and solutions for communication and audio in airborne systems, announces the receipt of an order from another European customer for GAIA 100 terrestrial satellite communications systems to download data from an observation satellite network worth approximately $ 1.8 million.
GAIA100 is a series of terrestrial tracking systems after LEO and MEO satellites, antenna bacteria 1.2 – 5.5 meters. The series is part of the GAIA family that includes antenna bacterial solutions of up to 11 meters for ground stations. The systems operate under radom, are characterized by high performance and ability to operate in changing weather conditions, have efficient energy consumption and minimal maintenance which provide advantages in operation at unmanned sites, the system will allow the customer to work in three different frequency ranges.
Daniel Eshhar, CEO of Orbit: “We are proud of a first order from this customer, a leader in its field in providing global observation services, showing accelerated growth in satellite services for civilian and military areas, and expanding its infrastructure to provide satellite services to global customers. Civilian and Military Satellites ”
In the fourth quarter of 2021 The company reported revenues of about $ 15.9 million compared to about $ 15.8 million in the corresponding quarter in 2020, operating profit remained stable and estimated at about $ 2.6 million compared to about $ 2.46 million, bottom line the company’s profits in the fourth quarter amounted to about 3.1 $ 1 million compared to $ 1.7 million in the corresponding quarter in 2020 (an increase of about 50%)
Comments on the article(0):
Your response has been received and will be published subject to system policies.
Thanks.
For a new response
Your response was not sent due to a communication problem, please try again.
Return to comment