PARIS--(EON: Enhanced Online News)--MICROWAVE VISION GROUP (Paris:ALMIC) :
The two contracts are with major Defense clients and confirm the breakthrough in the North American Aerospace and Defense market of MV-ScanTM multi-sensor systems.
The first contracted system, signed in September, is dedicated to measuring antenna radiation characteristics. It permits the measurement of very broad bands of frequencies in a single test. It combines MV-ScanTM high-precision electronic scanners, developed by SATIMO, with ORBIT/FR high-performance, electromagnetic positioning and scanning technology.
This contract follows an earlier award in June, also in the American Defense market, also combining mechanical positioning and MV-ScanTM technology.
“Those contracts demonstrate that in a sector where money is scarce, measurement range managers are looking more than ever to solutions that will improve their Return On Investment. In this context, our innovative MV-ScanTM solutions, which drastically reduce measurement time, are a key asset for our customers. Thanks to the combined efforts of our Sales and Engineering teams at ORBIT/FR and SATIMO, we are now gaining ground in the American Aerospace and Defense sector,” explains Philippe Garreau, President of MICROWAVE VISION.
With these two recent awards, the Group remains confident that it will reach its growth and profitability targets for 2013.
About MICROWAVE VISION
MICROWAVE VISION GROUP – MVG - (NYSE-Euronext: ALMIC) is one of the world's leading manufacturers of test systems and antenna measurement in the telecommunications, automotive, defense and aerospace industries. With its recent incorporation of REMC, a specialist provider of shielded and anechoic chambers for the antenna measurement, EMC and electromagnetic shielding markets, MVG now provides the largest and most innovative offer on these markets. MVG combines high-precision electronic scanners, developed by SATIMO with its "microwave vision" technology, with ORBIT/FR products that are equipped with high-performance, electromagnetic positioning and scanning technology, as well as with AEMI's high-end absorbing materials technologies and REMC's specialized chambers. MVG operates in nine countries (China, France, Germany, Japan, Israel, Italy, Sweden, UK, USA) and has more than 300 employees. The Group fosters a loyal client base consisting of large international accounts. At the end of the financial year ending 31 December 2012, its sales revenues reached €46.2 million. MVG is an OSEO-certified "Innovative Company". Alternext, ISIN code FR 0004058949