Norsat International Inc. has received a reduction in its
previously announced order from Harris Corporation (NYSE: HRS) for
its compact and efficient ATOM series Solid State Power Amplifiers
(SSPAs) from $6.3M to $3.15M.
The reduction is due to the deferment of mission capabilities to a
later date.
"Harris
has been pleased with the performance of Norsat and its ATOM 100
Watt SSPA's for our satellite ground terminal program," said
Bob Howley, Integrated Process
Team Lead.
"While we are disappointed by this reduction in
order size, Norsat is still very pleased to have been selected by an
industry leader like
Harris to provide a key component for their systems
and it is very satisfying to know that even in a reduced quantity,
our ATOM technology will be enabling mission critical communications
for
Harris and its customer," said Norsat President & CEO,
Dr.
Amiee Chan. "Norsat looks
forward to working with
Harris in the future for the second phase of the
project once funding is available," added Chan.