KVH Receives $2.5 Million Multi-Year DSP-3000 Fiber Optic Gyro Order
21 December 2011 - 11:00PM
KVH Industries, Inc., (Nasdaq:KVHI) announced today that it has
received new purchase orders exceeding $2.5 million for its
precision DSP-3000 fiber optic gyros (FOGs) for use in stabilized
remote weapon stations (RWS) from an international military
customer. Shipment of these DSP-3000 FOGs will be completed over
the next two years.
"Remote weapon stations play a critical role in improving crew
safety and weapon accuracy in combat operations overseas. We are
proud that KVH's fiber optic gyros remain the sensors of choice for
the leading RWS manufacturers supporting U.S. and allied military
forces," said Jay Napoli, KVH's vice president of FOG and OEM
sales. "Our affordable DSP-3000 FOG offers the high reliability,
superior accuracy, and exceptional vibration, shock, and
acceleration survivability necessary to ensure optimal RWS
performance. Thanks to these benefits, KVH's FOGs are ideal for a
variety of guidance and stabilization needs in both the military
and commercial markets."
Remote weapon stations allow gunners to operate, aim, and fire a
vehicle-mounted weapon from inside the safety of their vehicles,
instead of manning turret positions where they are exposed to
hostile fire. KVH's DSP-3000 FOGs provide precise optical
stabilization and weapon recoil control for RWS units while
ensuring that the weapon stays on target whether the vehicle is
stationary or on the move.
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. These
include platform stabilization, antenna/radar/optics stabilization,
IMU, GPS/INS, and AHRS integration.
Please visit www.fiberopticgyro.com for complete details about
KVH's full line of fiber optic gyro solutions, or take a virtual
tour of KVH's FOG factory.
Note to Editors: High-resolution, press-ready images of KVH's
FOG products are available at http://press.kvh.com for download and
editorial use.
About KVH Industries, Inc.
KVH Industries is a leading manufacturer of solutions that
provide global high-speed Internet, television and voice services
via satellite to mobile users at sea, on land, and in the air. KVH
is also a premier manufacturer of high performance sensors and
integrated inertial systems for defense and commercial guidance and
stabilization applications. The company is based in Middletown, RI,
with facilities in Illinois, Denmark, Norway, and Singapore.
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; anticipated
innovation and product development; and customer preferences,
requirements and expectations. The actual results could differ
materially. Factors that may cause such differences include, among
others, 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.
CONTACT: Nicole Mongillo
KVH Industries, Inc.
401-845-2443
nmongillo@kvh.com
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