API Technologies Receives $1.7 Million Order to Provide High Power/Small Signal Amplifiers for Electronic Warfare Systems
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ORLANDO, FL - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it has received a new $1.7 million order to provide high power/small signal amplifiers for use in electronic warfare systems. The order was placed by a prime U.S. Department of Defense contractor. Deliveries are expected over the next 12 months with an estimated lifetime revenue potential of $20 million.
About API Technologies Corp.
API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 co mpanies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com.
API Technologies Corp.
4705 S. Apopka Vineland Road
Suite 210
Orlando, FL 32819 US
