Electro Optic Systems Holdings Limited (“EOS” or “Company”) (ASX: EOS) has announced that its wholly owned subsidiary, Brisbane-based EM Solutions, has recently closed contracts to deliver its Cobra Maritime Satellite Terminals to four allied Naval forces. These contracts are principally for delivery to NATO forces and are together valued at approximately AU$14M. They will be delivered through 2020 and 2021.
In addition to its strong existing order book with the Royal Australian Navy, these contracts result in a record backlog for the company, six months after being acquired by EOS.
With its Cobra terminals now in use or on order with six of the world’s largest navies across four continents, these contracts further validate the acceptance of EM Solutions satellite communications products as a technology of choice to some of the world’s pre-eminent naval end users. Operating at X-Band, Military Ka-Band and Commercial Ka-Band and certified for operation on major global networks such as WGS and Inmarsat GX, the Cobra terminals provide users with robust and resilient beyond line-of-site communications with unprecedented flexibility and assuredness for their operations at sea.
EM Solutions CEO, Dr Rowan Gilmore said:
“These export sales help confirm EM Solutions as a trusted supplier of broadband satellite communications to defence forces around the world. The orders come on the back of the tremendous support the company has received from the Australian Department of Defence in the development and commercialisation of its Cobra terminals.
As we continue to support the Royal Australian Navy with deployment of Cobra terminals on multiple vessel types, the confidence shown in Australian space communications technology by multiple allied navies is a strong endorsement of the sovereign capability that has been fostered by Australian Defence Industry Policy”.
The Group CEO of EOS, Dr Ben Greene, said:
“The global success of our Cobra technology underscores its suitability for a wider role in global satellite communications. Cobra is presently the most versatile satellite communication terminal available, providing users with access to both MEO (mid earth orbit) and GEO (geostationary orbit) satellites in multiple military and commercial bands, and from rapidly manoeuvring platforms such as fast naval vessels.
Cobra is now being extended in scale and adapted in spectrum for more platforms, and a wide range of potential roles in the EOS deployment of next-generation communication satellites in MEO.”