C-COM Satellite Systems
An Ottawa company that develops mobile communications satellite systems has inked a five-year contract with one of its reselling partners that could be worth up to US$2 million.
Made-in-Ottawa tech is embedded in telemedicine vehicles serving "hospital deserts” – remote areas far from comprehensive medical facilities.
The chief executive of C-COM Satellite Systems says he expects stabilizing oil prices to lead to more orders from the Ottawa tech company’s clients in the oil and gas sector in the coming months.
Fourth-quarter revenues up 16.7% to $3.43 million.
The number of Ottawa-based companies on a list of Canada’s top tech firms was up by one this year.
Losing customers as part of its airtime business helped push revenues down at Ottawa’s C-COM Satellite Systems during its first quarter, the company announced on Tuesday.
Thanks to a 30-per cent increase in net income, Ottawa’s C-Com Satellite Systems (TSX-V:CMI) is reporting its ninth profitable year in a row.
Ottawa-based C-COM Satellite Systems (TSXV:CMI), a supplier of satellite antennas, announced its quarterly dividend on Tuesday.