LGL Announces Increases in Capability & Capacity in Unmanned Aerial Vehicles Systems (UAS) & Deep Space Satellite Communicati...
March 04 2021 - 4:30PM
Business Wire
The LGL Group, Inc. announced that its board of directors
(“Board”) has approved increased capital investments for product
development, design and operational efficiencies in existing and
next generation products. This investment further increases
manufacturing capacity in its recently expanded clean room at the
MtronPTI facility in Orlando FL.
Building on the success of our high power Ku-band diplexers
launched in the last three years, the company is now introducing a
high power multiplexer in L, S and C bands for broadband
communication datalinks used in applications like manned and
unmanned aircraft, on the move and fixed ground stations,
shipboard, beyond line of site wideband satellite communications
and ground unmanned vehicles markets. This multiplexer incorporates
highly selective, low loss and high power handling bandpass filters
that provide isolation of better than -80dB between the datalink
feeds.
These investments will further support rugged, hi-performance
communication links that require full duplex operation in airborne,
land, maritime and deep space applications. Recent products
including a diplexer/splitter assembly incorporates highly
selective bandpass filters and a splitter for simultaneous transmit
and receive with full duplex operation, low loss and outstanding
isolation between uplink and downlink bands enhancing LGL’s
competitive positions for applications with unmanned aerial
vehicles systems (UAS), satcom, electronic warfare datalinks, and
deep space satellite communication links.
The LGL Group expects these investments to support the recent
expansion of design resources with faster development of next
generation products for spectrum control and frequency control
product lines including deep space applications. “We are excited to
make this investment to support our customers’ need for higher
levels of functionality and integration while we continue to seek
value creation opportunities on behalf of our shareholders,” stated
Marc Gabelli, the company Chairman.
(NYSE American: LGL) LGL Group, Inc. is a globally diversified
holding company with a history of operations dating back to
1914.
About The LGL Group, Inc.
The LGL Group, Inc., through its two principal subsidiaries
MtronPTI and PTF, designs, manufactures and markets
highly-engineered electronic components used to control the
frequency or timing of signals in electronic circuits, and designs
high performance frequency and time reference standards that form
the basis for timing and synchronization in various
applications.
Headquartered in Orlando, Florida, the Company has additional
design and manufacturing facilities in Yankton, South Dakota,
Wakefield, Massachusetts and Noida, India, with local sales offices
in Hong Kong and Austin, Texas.
For more information on the Company and its products and
services, contact James Tivy at The LGL Group, Inc., 2525 Shader
Rd., Orlando, Florida 32804, (407) 298-2000, or visit
www.lglgroup.com and www.mtronpti.com.
Caution Concerning Forward Looking Statements
This press release may contain forward-looking statements made
in reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21 E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements include all statements that do not relate solely to
historical or current facts, and can be identified by the use of
words such as “may,” “will,” “expect,” “project,” “estimate,”
“anticipate,” “plan,” “believe,” “potential,” “should,” “continue”
or the negative versions of those words or other comparable words.
These forward-looking statements are not guarantees of future
actions or performance. These forward-looking statements are based
on information currently available to us and our current plans or
expectations, and are subject to a number of uncertainties and
risks that could significantly affect current plans, anticipated
actions and our future financial condition and results. Certain of
these risks and uncertainties are described in greater detail in
our filings with the Securities and Exchange Commission. We are
under no obligation to (and expressly disclaim any such obligation
to) update or alter our forward-looking statements, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210304006095/en/
James Tivy The LGL Group, Inc. jtivy@lglgroup.com (407)
298-2000
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