Global Invacom (SGX:QS9) said its UK subsidiary signed a deal with Premix-Hadlock to become the exclusive worldwide distributor of Prodelin antennas, according to a Tuesday filing with the Singapore Exchange.
Approved by satellite operators Intelsat and Eutelsat, Prodelin antennas provide cost-effective connectivity and quality solutions for Very Small Aperture Terminal (VSAT), cellular backhaul, and a range of ground station applications for government and defense communication.
Shares of the satellite products supplier surged nearly 14% in Tuesday's afternoon trade.
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