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Friday, 13 September 2013
C-COM nears 52-week high on advancement of iNetVu Ka-98G product
Shares of C-COM Satellite Systems (CVE:CMI), a provider of mobile auto-deploying satellite antenna systems, rose Thursday on the back of news announcing type approval from Avanti Communications for its iNetVu Ka-98G antenna system.
The announcement was made today at the opening of the International Broadcasting Convention in Amsterdam. Several iNetVu Ka-98G mobile antenna systems have already been delivered to Avanti resellers, with the product now in full production, and available for immediate delivery.
Avanti, which sells satellite data communications services to telecoms companies, uses two satellites, called HYLAS 1 and HYLAS 2, to provide superfast broadband satellite in Europe, Africa, the Caucasus and the Middle East.
The iNetVu Ka-98G mobile is the only officially approved vehicle mount auto-polarisation antenna that is able to operate on Avanti's HYLAS 1 and HYLAS 2 Ka-band satellites, according to the Ottawa, Ontario-based company's statement.
"The C-COM manufactured Ka-band antenna is a first in the market with an auto-polarization function which removes one of the major complications of operating a mobile antenna at Ka-band," said David Bestwick, chief technical officer at Avanti Communications.
The C-COM auto-polarization capability of the iNetVu Ka-98G enables automatic transition between two overlapping high powerBeams, which ensures full coverage of primary markets.
The iNetVu products are proprietary auto-deploying, vehicle-mounted antennas for the delivery of 2-way high-speed, mobile internet services into vehicles or other transportable structures. The technology is unique, in that it delivers high speed internet in locations where there might be no other means of gaining connectivity.
"We have been working very closely with Avanti over the last year first with a two axis automated antenna and, currently, with a third axis to ensure full compatibility with iDirect Automatic Beam Switching (ABS) modems over the HYLAS Ka networks," said CTO of C-COM, Bilal Awada, in the release Thursday, adding that the system can automatically detect the Beam information based on GPS location.
The iNetVu Ka-98G can also instruct the modem to acquire the new Beam seamlessly, says the company, thus relieving the end user from any manual inputs during normal system operation.
The full third axis therefore allows non-technical personnel to deliver satellite broadband services, which is particularly important for blue light, disaster management, security and defense applications.
C-COM said the iNetVu Ka-98G mobile antenna, along with its 7024 auto-acquire controller, were able to deliver in excess of 10Mbps upload and 10Mbps download rates during tests.
"The results of these tests and the corresponding Avanti approval demonstrate the high level technological ability of the C-COM engineering design team," said C-COM CEO, Leslie Klein.
Shares of C-COM jumped 12 cents, or more than 6.8 per cent, to trade at $1.87 in early deals Thursday, three cents shy of its 52-week high. Its stock has almost tripled since the start of the year, announcing in late August a strategic partnership with U.K.-based secure communication technology provider Vislink to promote and sell the iNetVu products.