03:19:18 EDT Tue 30 Apr 2024
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Baylin Technologies Inc
Symbol BYL
Shares Issued 88,547,717
Close 2023-12-14 C$ 0.185
Market Cap C$ 16,381,328
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Baylin's Advantech receives $2.5-million in orders

2023-12-15 11:14 ET - News Release

Mr. Leighton Carroll reports

BAYLIN TECHNOLOGIES ANNOUNCES NEW PURCHASE ORDERS OF $2.5M CAD FROM ITS ADVANTECH WIRELESS SUBSIDIARY

Baylin Technologies Inc. has received the following new purchase orders from its Advantech Wireless subsidiary:

  • $1.2-million in orders for its single-thread and phase-combined Ku-band solid-state power amplifier systems from a customer in Asia; the customer will use the amplifiers to expand a large network based on existing Advantech amplifiers and systems;
  • $1.3-million order from a large U.S. government systems integrator for custom transceiver assemblies, which will be used in flyaway terminals.

Leighton Carroll, Baylin's chief executive officer, is very encouraged by the continued advancements coming from Advantech Wireless. "By focusing on high-power applications and continued advancements in architecture, we are continuing to see a strong order backlog and large funnel of opportunities for our business."

About Baylin Technologies Inc.

Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin aspires to exceed its customers' needs and anticipate the direction of the market.

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