Comtech Says SES Space & Defense Recently Awarded The Company An Initial Order For SLM-5650B; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Comtech has received an initial order from SES Space & Defense for its SLM-5650B satellite modem. The financial terms of the deal were not disclosed.
October 01, 2024 | 1:03 pm
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Comtech has been awarded an initial order by SES Space & Defense for its SLM-5650B satellite modem, though financial details are not disclosed.
The order from SES Space & Defense indicates a positive development for Comtech, suggesting potential revenue growth and strengthening of its market position in satellite communications. The lack of disclosed financial terms adds some uncertainty, but the partnership itself is a positive signal.
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