KVH Receives $6 Million Fiber Optic Gyro Order from Kongsberg Defence & Aerospace
21 April 2008 - 10:30PM
PR Newswire (US)
Kongsberg to integrate KVH precision fiber optic gyros (FOGs) in
stabilized remote weapons MIDDLETOWN, R.I., April 21
/PRNewswire-FirstCall/ -- KVH Industries, Inc., (NASDAQ:KVHI) today
announced that it has received a $6 million order for its precision
DSP-3100 fiber optic gyros (FOGs) from Kongsberg Defence &
Aerospace for use in the Protector family of remote weapon
stations. The contract is subject to the successful completion of
DSP-3100 testing and qualification. This order represents an
initial procurement of DSP-3100 FOGs with shipments scheduled to
begin during the third quarter of 2008. "This clearly establishes
KVH's fiber optic gyros as a premier source for stabilization and
pointing sensors to support these mission-critical applications,"
remarked Martin Kits van Heyningen, KVH's chief executive officer.
"Our FOGs have proven themselves over the course of the last two
years by playing an integral role on similar stabilized weapon
systems already fielded in Iraq and elsewhere. We look forward to
building upon our relationship with Kongsberg as worldwide demand
for this critical military equipment expands." The Protector family
of remote weapon stations substantially improves crew safety and
weapon accuracy by allowing gunners to operate, aim, and fire the
weapon from inside the safety of their vehicles, taking the gunners
out of turret positions where they are exposed to hostile fire.
Kongsberg's Protector will rely on three of KVH's new DSP-3100 FOGs
to provide precise stabilization and weapon recoil control while
ensuring that the weapon stays on target whether the vehicle is
stationary or on the move. With its all-fiber design and patented
Digital Signal Processing (DSP) technology, KVH's DSP-3100 FOG
offers 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. KVH's fiber optic gyro resource page --
http://www.fiberopticgyro.com/ -- offers additional details
regarding KVH's fiber optic gyro solutions. Visit
http://www.kongsberg.com/ for additional information about
Kongsberg and its Protector family of remote weapon stations. Note
to Editors: High-resolution photos of the DSP-3100 fiber optic gyro
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-K 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. DATASOURCE: KVH Industries, Inc. CONTACT:
Chris Watson of KVH Industries, Inc., +1-401-845-8138, Web site:
http://www.fiberopticgyro.com/ http://www.kongsberg.com/
http://www.kvh.com/ http://press.kvh.com/
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