Orders for new KVH FOGs include
for use in remote weapon
for integration in continuous navigation systems
KVH Industries, Inc.,
(Nasdaq: KVHI) announced today that it has received a total of $3.8 million in
new orders for its precision fiber optic gyro (FOG) systems. A total of $2.9
million in new orders was received for KVH's DSP-3100 FOGs from a major remote
weapons station manufacturer. In addition, a $0.9 million order was placed for
KVH's CNS-5000 continuous navigation system for use in commercial
"These new orders emphasize the growing strategic value of our fiber optic
gyro technology to KVH's long-term growth," said Jay Napoli, KVH's vice
president of sales for FOG and OEM products. "Thanks to our digital signal
processing technology and end-to-end control of our FOG development and
manufacturing process, we are able to offer military and commercial systems
integrators an outstanding combination of precision performance, field-proven
reliability, and affordability."
KVH's fiber optic guidance and sensor systems are used in an array of
commercial and defense-related stabilization, navigation, autonomous vehicle,
and precision guidance applications. Visit http://fiberopticgyro.com for more
information, including technical details and customer case studies.
KVH Industries, Inc.
KVH Industries (www.kvh.com) is a leading manufacturer of solutions that
provide global high speed internet, television and voice services via
satellite to mobile users at sea, on land, and in the air. KVH is also a
premier manufacturer of high performance sensors and integrated inertial
systems for defense and commercial guidance and stabilization applications.
The company is based in Middletown, RI, with facilities in Tinley Park, IL,
and Kokkedal, Denmark.
This release may contain certain forward-looking statements that involve
risks and uncertainties. Forward-looking statements include, for example, the
functionality, characteristics, quality and performance of KVH's products and
technology; and customer preferences, requirements and expectations. The
actual results could differ materially. Factors that may cause such
differences include, among others, uneven military sales cycles, changes in
military fielding and equipment requirements, and changes in international
situations, as well as those discussed in KVH's most recent Annual Quarterly
on Form 10-K filed with the SEC. KVH does not assume any obligation to update
its forward-looking statements to reflect new information or developments.
KVH is a registered trademark of
KVH Industries, Inc.
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are the property of their respective companies.