Comtech Selected by Innovation Canada to Join Exclusive Accelerated Growth Services Program
February 07 2024 - 9:00AM
Business Wire
Comtech joins select group of high-growth
companies participating in AGS program
February 7, 2024-- Comtech (NASDAQ: CMTL), a global technology
leader, today announced its Canadian subsidiary was invited by
Innovation Canada, a sector of Innovation, Science and Economic
Development Canada, to join a select group of companies
participating in the Accelerated Growth Service (AGS) program. The
AGS program offers support to a number of high-growth,
high-potential, qualifying businesses across Canada.
As part of the program, Comtech will gain access to key
government services such as financing and export opportunities. The
AGS program will also provide Comtech with a personalized team of
government experts to support the company’s growth plans and help
identify new government programs that will help Comtech capture
near and long-term business opportunities.
“Being selected by the Canadian government to join this
exclusive group of companies participating in the AGS program
further demonstrates the benefits of our One Comtech transformation
and the trust of our government partners,” said Ken Peterman,
President and CEO of Comtech. “After moving through the selection
process, Innovation Canada and its government partners recognized
the value of Comtech’s strategic growth plans and is now working
with our team to capture new opportunities that will enable Comtech
to deliver blended solutions and services that can usher in a new
era of smart-enabled connectivity when and where it matters most.
Comtech has partnered with commercial and government customers
across Canada for over two decades, and we are looking forward to
working with the AGS team to continue accelerating the adoption of
new technologies in Canada and delivering positive economic impacts
across the country.”
With multiple offices in technology corridors across Canada,
Comtech designs, develops and delivers software-defined,
multi-orbit, and scalable satellite solutions and ground systems to
some of the largest satellite service providers, enterprises and
governments in the world. Building on over 20 years of
differentiated expertise in Canada’s satellite industry, Comtech is
committed to expanding operations, accelerating innovation, and
enhancing the space economy across the country. In addition,
Comtech was recently recognized for its contributions supporting
the first deployment of a next-generation 911 system in Canada.
About Comtech
Comtech Telecommunications Corp. (Comtech) is a leading global
technology company providing terrestrial and wireless network
solutions, next-generation 9-1-1 emergency services, satellite and
space communications technologies, and cloud native capabilities to
commercial and government customers around the world. Our unique
culture of innovation and employee empowerment unleashes a
relentless passion for customer success. With multiple facilities
located in technology corridors throughout the United States and
around the world, Comtech leverages our global presence, technology
leadership, and decades of experience to create the world’s most
innovative communications solutions. For more information, please
visit www.comtech.com.
Forward-Looking Statements
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results and performance could
differ materially from such forward-looking information. The
Company's Securities and Exchange Commission filings identify many
such risks and uncertainties. Any forward-looking information in
this press release is qualified in its entirety by the risks and
uncertainties described in such Securities and Exchange Commission
filings.
PCMTL
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version on businesswire.com: https://www.businesswire.com/news/home/20240207113652/en/
Investor Relations Maria Ceriello 631-962-7102
investors@comtech.com
Media Contact Jamie Clegg 480-532-2523
jamie.clegg@comtech.com
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