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Sunnyvale - Feb 11, 2004 Endwave Corporation has signed a Teaming Agreement with Signal Technology Corporation Microwave Systems ("STCMS"), a division of the Electronics Group of Crane Aerospace & Electronics. The team will immediately begin their long-term marketing planning and anticipate initial exploratory efforts throughout 2004. Under terms of the agreement, Endwave and STCMS will jointly pursue specific business opportunities for the emerging millimeter-wave defense market. The target opportunities include various developments surrounding Unmanned Aerial Vehicles (UAV), smart munitions, next-generation missiles, and/or phased-array radar "We are looking forward to pursuing exciting growth opportunities in the high-frequency defense sector with STCMS," said Ed Keible, President and CEO of Endwave Corporation. "Their history and longevity in the defense markets are well-known and respected, as is our expertise in millimeter-wave circuits and volume manufacturing. While Endwave is proud of our position as the leader in the millimeter-wave telecom space, we have also placed an emphasis on Homeland Security and Defense markets and see significant growth in these areas in 2004 and beyond," added Keible. "This agreement with Endwave is strategically important to the Crane Co.'s Electronics Group because the use of millimeter waves in military systems is becoming increasingly popular, particularly in 'Intelligent Battlefield' applications where bandwidth, size, weight, reliability, and performance are critical," said Lou Bieck, President, Electronics Group "We are pleased to announce Endwave as our millimeter-wave partner as part of a long-term strategy to increase our market share in high-frequency defense electronics," said Gene Joles, Vice President & General Manager of STCMS. "We view Endwave's heritage in the millimeter-wave component and sub-system arena as complementary to our long-standing reputation as a leading supplier to prime defense contractors worldwide, " added Joles. Endwave Corporation is a provider of radio frequency (RF) subsystems that enable the transmission and reception of voice and/or data signals in broadband wireless systems and advanced radars. The company develops and manufactures products used in high-speed cellular backhaul, enterprise access, homeland security, defense electronics and radar systems, and other broadband applications. Community Email This Article Comment On This Article Related Links Endwave Signal Technology Corporation SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Stratos Steps Closer To Xantic Acquisition
Bethesda MD (SPX) Jan 5, 2006Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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