API Technologies Receives $1 Million Order to Provide Microwave Products for Commercial Airline Systems
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ORLANDO, FL - API Technologies Corp. (NASDAQ:ATNY) ("API", "API Technologies", or the "Company"), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that is has received a new $1 million order to provide high-reliability Voltage Controlled Oscillators (VCOs) for use in commercial aircraft altimeter systems from one of the leading Fortune 100 global multinationals.
"These high-performance VCOs are widely used by both U.S. and European airlines, where safety is obviously of foremost concern," said Bel Lazar, President and Chief Operating Office of API Technologies. "API is a trusted provider of microelectronics and microwave products of exceptional quality for critical applications. With the addition of C-MAC in March, we further extended our reach within the high-reliability market and look forward to broadening our business with these important operators as commercial air travel continues to see increasing demand."
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 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitechnologies.com.
API Technologies Corp.
4705 S. Apopka Vineland Road
Suite 210
Orlando, FL 32819 US
