Orbit International’s Electronics Group Receives Finalized Purchase Order for Approximately $2,300,000

HAUPPAUGE, N.Y., June 08, 2017 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group has received a finalized purchase order from a major prime contractor for approximately $2,300,000, for its displays used on a major aviation program. The Company initially received a letter subcontract in March 2017 for $805,000 to commence the procurement of material while negotiations were ongoing for the final purchase order. Deliveries of the completed units are expected to commence in the fourth quarter of 2017 and continue through the fourth quarter of 2018.
Continue reading Orbit International’s Electronics Group Receives Finalized Purchase Order for Approximately $2,300,000

EMCORE Introduces New EMCORE-Orion™ Series Fiber Optic Gyro-Based Micro Inertial Navigation System for Land, Sea, Air and Space Navigation

ALHAMBRA, Calif., June 07, 2017 (GLOBE NEWSWIRE) — EMCORE Corporation (NASDAQ:EMKR), a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s high-speed communication network infrastructures and leading-edge defense systems, announced today the introduction of its new Micro Inertial Navigation system (MINAV), the first product in the new EMCORE-Orion™ series of inertial navigation products for use in unmanned aerial vehicles, ground-based military operations, aeronautics and aviation. The EMCORE-Orion™ MINAV is being debuted at the 2017 Joint Navigation Conference (JNC), June 6-7 at the Dayton Convention Center in Dayton, Ohio, booth #310A.
Continue reading EMCORE Introduces New EMCORE-Orion™ Series Fiber Optic Gyro-Based Micro Inertial Navigation System for Land, Sea, Air and Space Navigation

Global IoT Sensors Market Expected to Reach USD 17.81 Billion by 2020

Deerfield Beach, FL, June 07, 2017 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “IoT Sensors Market (Pressure Sensors, Temperature Sensors, Accelerometers, Gyroscopes, Magnetometers, Light Sensors, Others) for Healthcare, Automotive, Consumer Electronics, Building Automation, Industrial, Retail, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. According to the report, global IoT sensors market was valued at USD 4.9 billion in 2014 and is expected to generate revenue of USD 17.81 billion by end of 2020, growing at a CAGR of 24.00%between 2015 and 2020. Continue reading Global IoT Sensors Market Expected to Reach USD 17.81 Billion by 2020

Kratos Receives $5 Million in Orders for Satellite Communication System and Other Hardware

SAN DIEGO, June 07, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Modular System Division (MSD) recently received $5 million in Orders for Specialized Satellite Communication Systems and other Hardware from U.S. National Security related customers. Kratos’ MSD is a leading provider of hardware, equipment and systems that support satellite communications, unmanned aerial systems, missile, radar, high power directed energy and other National Security related programs. The products, hardware and systems to be delivered under these recent contract awards will be produced in a secure Kratos manufacturing facility. Due to customer related and other considerations, no additional information will be provided related to these recent contract awards.
Continue reading Kratos Receives $5 Million in Orders for Satellite Communication System and Other Hardware

Mercury Systems to Present at the William Blair and Company 37th Annual Growth Stock Conference

ANDOVER, Mass., June 06, 2017 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com) announced that it will participate in the William Blair and Company 37th Annual Growth Stock Conference to be held June 13, 2017 in Chicago. Management will present an overview of the Company’s business at 8:10 a.m. CDT. Continue reading Mercury Systems to Present at the William Blair and Company 37th Annual Growth Stock Conference