KVH Receives $1.1 Million Order for Fiber Optic Gyros for U.S. Military Simulators
25 June 2007 - 9:30PM
Business Wire
KVH Industries, Inc., (Nasdaq: KVHI) announced today that it has
received a $1.1 million order for its DSP-3000 fiber optic gyros
(FOGs) from a U.S. military customer. KVH�s compact, highly
accurate FOGs will be used for real-time image synchronization and
stabilization in military training simulator systems. Shipments for
this order are expected to be completed in the near-term. �Our
DSP-3000 FOGs, with their precise and instant measurement of
platform motion, are an excellent and affordable solution for
visual synchronization in simulators and training systems,�
explained Jay Napoli, KVH�s director of fiber optic sales. �KVH
FOGs allow the simulator�s virtual image to correspond exactly to a
soldier�s motion by measuring even the slightest movement and
relaying this data to the simulator�s computer, thereby helping to
create a highly realistic experience for trainees. In addition, the
DSP-3000�s versatility and commercial-off-the-shelf design allow us
to meet both our customers� urgent and longer-term needs with equal
ease.� With their all-fiber design and patented Digital Signal
Processing (DSP) technology, KVH�s DSP-3000 FOGs offer high
reliability, superior accuracy and performance, and exceptional
vibration, shock, and acceleration survivability at an affordable
cost. 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. For
example, two KVH DSP-3000 FOGs are installed in each of the U.S.
Army�s new Common Remotely Operated Weapon Stations (CROWS)
systems, providing precise stabilization and weapon recoil control,
as well as ensuring that the weapon maintains its aim on the
target. In addition, KVH�s TG-6000 FOG-based inertial measurement
unit serves as a key component in the guidance system of the U.S.
Navy�s MK54 lightweight torpedo. Due to contractual restrictions,
additional details regarding the customer and the intended
application cannot be disclosed at this time. Visit
http://www.fiberopticgyro.com for complete details regarding KVH�s
fiber optic gyro systems. Note to editors: High-resolution images
of KVH�s fiber optic gyro products are available at
http://press.kvh.com for download and editorial use. About KVH
Industries, Inc. KVH Industries, Inc., is a premier manufacturer of
systems to provide access to live mobile media ranging from
satellite TV to telephone and high-speed Internet for vehicles and
vessels as well as a leading source of navigation, pointing, and
guidance solutions for maritime, defense, and commercial
applications. The company�s products are based on its proprietary
mobile satellite antenna and fiber optic technologies. An ISO
9001-certified company, KVH is based in Middletown, Rhode Island.
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 Form 10-Q 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. All other trademarks are the property of their
respective companies.
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