API Receives New $1.4 M Order for Power Systems
API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today that it has received a new, $1.4 million order for TPS75 Tactical Power Supplies. The Company-designed power systems, which debuted at the Association of the United States Army (AUSA) Annual meeting and Exposition in October, will be used by the U.S. Department of Defense as a lightweight, mobile power supply to support a variety of C4ISR, UAV, and mission control applications.
“As demand for reliable, mobile power grows, API Technologies’ power systems offer outstanding functionality and a compelling value proposition to both defense and commercial customers alike. We are pleased to see such a strong and positive customer response to this new product line,” said Bel Lazar, President and Chief Executive Officer of API Technologies.
Global Military Aircraft Engines Industry 2016 Market Research Report
Source : API Technologies Corp. - view original press release
Oct 25 - 26, 2016 - Alexandria, United States
Oct 31 - Nov 3, 2016 - Washington, United States