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Spectra Group awarded global distribution rights for Comtech’s Troposcatter Family of Systems

Friday, March 1st, 2024

Spectra Group, a specialist provider of secure voice, data and satellite communications systems, has been awarded the global distribution rights for Comtech’s Troposcatter Family of Systems (FoS) which includes the 500-Watt Mobile Transportable Transmission System (MTTS), the more mobile 10-Watt Compact Over-the-Horizon Mobile Expeditionary Terminal (COMET), and other new next generation troposcatter systems. The 5-year agreement appoints Spectra Group in all areas globally, except for the USA, Canada and Mexico which is retained by Comtech. Spectra Group was first appointed by Comtech as UK and NATO Special Operations Forces (SOF) agents in September 2019. Since then, Spectra Group has announced multiple orders for Comtech’s Troposcatter FoS including UK Navy (Royal Marines) in March 2022, HQ ARRC in March 2023, 3 (UK) Division in September 2023 and an overseas customer. In October 2023, Spectra Group placed a USD$20M plus order with Comtech to service multiple orders already received, and several expected follow-on orders from undisclosed customers in the NATO and European regions.

The Troposcatter FoS, developed by Comtech, provide high capacity, low-latency data links for over-the-horizon communications utilizing Comtech’s state-of-the-art CS67PLUS troposcatter radio/modem, without the need to rely on satellites or multiple line-of-sight repeaters. The Troposcatter COMET system, in particular, is ideal for providing a secure big data network for deployed headquarters from divisional down to company level because it is small and lightweight.

Due to its low power and directional nature, it is also difficult to detect and deny. It uses a maximum transmit power of 10-watts and only needs a 1-meter dish, but still has low latency (typically 9-20mS) and large bandwidth (5-60Mbps) while optimized for data links up to 60 km and beyond. In practice, data transfer speeds can be much greater (the CS67PLUS operates up to 105 Mbps single stream and 210 Mbps dual stream operation) and data links can be effective up to 100kms+ on the COMET, depending on the environment. The system is simple, intuitive, and easy to set up (15 minutes). Critically, it is also satellite independent and can work in a GPS/GNSS denied environment (including polar regions) making it ideal for use during Peer-on-Peer conflict and when Multi Domain Integration is required.

Since March 2022, Comtech’s Troposcatter COMET has been available on the NATO Catalogue via the NATO Support Procurement Agency (NSPA), so any NATO country can purchase directly without having to endure a long tender process. For the rest of the world, the Troposcatter FoS can be purchased directly from Spectra Group or via Comtech for North America.

Simon Davies, CEO of Spectra Group said: “Spectra is delighted to have expanded our distribution region for this excellent product that perfectly complements our own SlingShot satellite communication system. We have been working closely with Comtech for the last 4 years and our recent sales successes are testament to the value of that partnership. With increasing state-level global threats to communications and the potential for denied or degraded satellite services, we need to maintain focus on innovation and diversification. The fresh development of robust, reliable and effective Troposcatter technologies opens up the opportunity to offer multiple long-range, secure communications solutions that don’t rely exclusively on satellite systems and we are very happy to be at the forefront of these developing technologies.”

Ken Peterman, Comtech’s President and CEO said, “With the most deployed Troposcatter systems in the world, our FoS are uniquely designed to provide U.S. and coalition forces with an information advantage across all domains. We are thrilled to partner with Spectra Group to expand access to Comtech’s FoS and deliver our marketing leading beyond-line-of-sight (BLOS) troposcatter technologies to coalition forces operating across the globe. It was an easy decision to partner with Spectra Group given the company’s trust in the industry and deep understanding of how command, control, computers, communications, cyber, intelligence, surveillance, and reconnaissance (C5ISR) will evolve tnce, surveillance, and reconnaissance (C5ISR) will evolve to meet needs of today and in the future.”

DroneShield Releases Record 2023 Annual Results, Surging to Profitability

Thursday, February 29th, 2024

DroneShield Ltd (ASX:DRO) (“DroneShield” or the “Company”) is pleased to announce the release of record full year FY23 results.

The highlights include:

• FY23: record contracts and rapidly growing cash receipts

? FY23 $73.5 million cash receipts, up 5x vs. FY22

? FY23 $55.1 million revenue, up 3x vs. FY22 

? 80% of revenues are from repeat customers

? The revenue vs. cash receipt difference mostly due to advanced payments on product subscriptions (SaaS), warranties, as well as grants received

? Largest geographical segment revenue contributions are US at 68% and Australia at 23%
 

• FY23 is first profitable year, with $9.3 million profit after tax

• Shareprice up 64% over 2023 (vs 9% for ASX300)
 

• Cash balance of $57.9 million as of 31 Dec 2023, no debt or convertibles

? Committed supply chain payments of $30 million

• $30 million contracted backlog and pipeline of over $510 million*
 

• Substantially completed expansion of the team to enable build, delivery and support of materially larger orders

? Completed move to a larger Sydney facility (3x current floor space) in January, plus supply chain partners been rapidly expanding

? No material cost to DRO to move, due to light capex model (heavy machinery work all outsourced) and landlord fitout incentive payments

? Positions the company for $300-400 million annual production capacity

? 115 team members including over 90 engineers
 

• Favourable environment for DroneShield with rapidly rising counter-drone, defence and security spending globally

? The Ukraine conflict continues to highlight the use of drones on the battlefield, which will continue driving increasing C-UAS orders even after the eventual ceasefire

? Drones increasingly used across global conflicts, including Hamas terror attack on Israel

Full Year Results Presentation can be viewed here:

Annual Report can be viewed here:

There is no assurance that any of the Company’s sales opportunities will result in sales.

Rheinmetall to Supply the Bundeswehr with Skyranger 30 on Boxer Platform – Order Worth Almost €600 Million

Thursday, February 29th, 2024

The Bundeswehr has tasked Rheinmetall with another important air defence project. The Düsseldorf-based Group will soon be supplying the German armed forces with the Skyranger 30 mobile air defence system. Worth €595 million (including value added tax), the contract encompasses delivery of a prototype and another 18 series production vehicles. In addition, an option exists for a further 30 systems. The prototype is to be delivered by the end of 2024.

Just last month, the Bundeswehr entrusted Rheinmetall and its partner contractors with developing a system for short- and very short-range air defence known as the NNbS, in which the Skyranger 30 will constitute a key component.

An essential part of the NNbS, the Skyranger 30 is embedded in the German government’s European Sky Shield Initiative, in which Germany, acting within a NATO context, has assumed the role of lead nation in ground-based air defence in Europe.

The Skyranger 30 bridges an acute existing capability gap in mobile air defence. The system constitutes an optimum combination of mobility, protection, flexibility and precision, making it a match for new challenges in the short- and very short-range threat spectrum. A hybrid solution, the system’s turret combines the highly effective 30mm x 173 KCE revolver gun, surface-to-air missiles and the necessary sensor suite, all on a single platform. The Skyranger 30 systems earmarked for Germany will be armed with Stinger missiles. Depending on customer requirements, the system can be fitted with various modern guided missiles such as the Mistral, Stinger or special C-UAS missiles.

A meticulously thought-out combination of different effectors, excellent mobility, a large elevation span and state-of-the-art sensors enable autonomous as well as networked operations. Thanks to Rheinmetall’s programmable airburst ammunition, the system is especially effective against drones. The compact turret is integrated into an 8×8 Boxer wheeled armoured vehicle.

The first customer is Austria, which recently ordered thirty-six Skyranger 30 systems. Other NATO and/or EU member states have also expressed an interest in the system or are already in the process of procuring it. In December 2023, Hungary tasked Rheinmetall with developing a concept for a Skyranger 30 turret for the future air defence variant of the Lynx KF41 tracked armoured vehicle. Lithuania is also studying the Boxer-mounted Skyranger 30, while Denmark plans to procure the Skyranger 30 solution in combination with another wheeled armoured vehicle.

As recently as December 2023, a functional demonstrator version of the Skyranger 30 underwent successful live fire field trials at the Group’s proving ground in Ochsenboden, Switzerland, proving itself in stationary mode and on the move. The functional demonstrator resulted in important new findings that will make fabrication and integration of the German verification model faster and less risk prone.

Special Operations Warrior Foundation Announces Scholarship Funded by Johnny Mac Soldiers Fund in Honor of John Magness

Thursday, February 29th, 2024

Tampa, FL, Feb. 29 – The Special Operations Warrior Foundation (SOWF) is proud to announce a $250,000 scholarship grant for the 2023/2024 academic year, generously funded by the Johnny Mac Soldiers Fund (JMSF) in memory of John Magness, a revered patriot, and distinguished Special Operations helicopter pilot.

John Magness, whose legacy of bravery and dedication continues to inspire, played a pivotal role in critical military operations, including leading a troop of attack helicopters during the Persian Gulf War and participating in the historic Battle of the Black Sea in Mogadishu, Somalia, as part of the 160th Special Operations Aviation Regiment.

Tragically, John Magness passed away on February 5, 2023, after summiting Mount Aconcagua, undertaking this formidable challenge to raise awareness and funds for the Johnny Mac Soldiers Fund, a cause he passionately supported. As an Ambassador for Special Operations Warrior Foundation, John’s commitment to the children of our nation’s fallen heroes was unwavering.

The Johnny Mac Soldiers Fund, in collaboration with SOWF, aims to honor John’s legacy by supporting the educational aspirations of students who, despite facing significant challenges, have demonstrated a remarkable commitment to their academic and personal growth.

Both JMSF and SOWF are honored to contribute to the educational journey of future leaders. It reflects a shared commitment to nurturing the dreams of our fallen SOF Warriors’ children and empowering them to achieve their fullest potential.

The Special Operations Warrior Foundation and the Johnny Mac Soldiers Fund encourage the scholarship recipients, and all students, to pursue excellence in their endeavors and to remember the strength and support of the community that stands behind them.

We look forward to witnessing the remarkable achievements our scholarship recipients will accomplish and are confident that they will continue to honor the legacy of heroes like John Magness.

Smith & Wesson Introduces New M&P 15 Sport III Rifle

Thursday, February 29th, 2024

MARYVILLE, TN., (2/27/2024) – Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), a leader in firearm manufacturing and design, announces today the release of the new M&P15 Sport III rifle. 

Designed to perform under various conditions, the Smith & Wesson Sport Series is as versatile as it is reliable. Building on the proven Sport II platform, the next iteration comes equipped with enhancements to increase performance while being offered at a lower price. The Sport III is a gas-operated semi-auto MSR chambered in 5.56 NATO/223 REM, and is offered in 30+1 and 10+1 capacities. Upgrades to this platform include a 16-inch Armornite® coated barrel with a threaded muzzle, 5R rifling, and a 1:8-inch twist that allows for a wider variety of ammo to be used. The barrel, housed in a free-floating 15-inch M-LOK® handguard with a full-length Picatinny-style rail, offers more options to accessorize than previous generations. The Sport III utilizes a mid-length gas system to help mitigate felt recoil when shooting and it also ships with a 6-position adjustable stock, polymer grip, bolt forward assist, and chromed firing pin.

If you’re looking for your first rifle, or just want to expand the collection, the M&P15 Sport III is a reliable platform for a great price. The new M&P15 Sport III rifle has an MSRP of $799 and is available now at authorized dealers.

For more information on the M&P15 Sport III, visit www.smith-wesson.com.

QuietKat To Showcase E-Bikes at IWA Outdoor Classics in Germany, Booth #3C-232

Thursday, February 29th, 2024

Eagle, CO – QuietKat Electric Bikes, a leader in off-road eBikes and a Vista Outdoor Inc. (NYSE: VSTO) brand, is thrilled to announce its participation at the IWA Outdoor Classics Trade Show in Nuremberg, Germany. Renowned for setting benchmarks in the outdoor and adventure sports industry, QuietKat will be showcasing its latest advancements in electric bike technology, specifically tailored for outdoor enthusiasts, hunters, and tactical professionals.

Leading Innovation in Outdoor Mobility

The participation of QuietKat at the IWA Outdoor Classics highlights the brand’s dedication to pushing the boundaries of e-bike innovation. The event will serve as a platform for unveiling QuietKat’s newest models, which are built to tackle the challenges of outdoor exploration and professional use. These e-bikes are designed with rugged durability, superior performance, and eco-friendly efficiency in mind, making them ideal for a wide range of outdoor activities.

Exclusive Product Demonstrations and Expert Consultations

Visitors to the QuietKat booth will be treated to exclusive demonstrations of the e-bikes’ capabilities featuring state-of-the-art technology. QuietKat’s team of experts will be on hand to provide insights into how these e-bikes can revolutionize outdoor adventures and professional operations, offering personalized consultations to attendees.

Sustainability at the Forefront

QuietKat is committed to promoting sustainable outdoor practices through its electric bikes, which provide an eco-friendly alternative to traditional transportation methods. By combining high-performance with minimal environmental impact, QuietKat e-bikes represent the future of outdoor exploration and professional mobility, aligning with the global movement towards greener solutions.

Experience the Future of Outdoor Mobility at IWA Outdoor Classics

QuietKat extends an invitation to all IWA Outdoor Classics attendees to visit their booth and discover the cutting-edge technology and design that make their e-bikes a must-have for any outdoor adventure or tactical mission. This is an unparalleled opportunity to experience the latest in e-bike innovation from a leader in the industry.

XS Sights Introduces R3D 2.0 Tritium Night Sights for Springfield Armory SA-35

Wednesday, February 28th, 2024

Fort Worth, Texas (February 27, 2024) – XS® Sights is now offering its new and improved R3D 2.0 Tritium Night Sights for the Springfield Armory SA-35 pistol.

These second-generation self-defense sights are available with a high-contrast green dual-illuminated Glow Dot front sight that is wider than many on the market at 0.145”.  Brighter, stronger, and even easier to install than the original R3D models, the R3D 2.0 provides an edge in self-defense situations by getting you on target faster and more accurately in any light.

Improvements include:

• Bigger and brighter rear tritium dots

• PVC rings surround the rear tritium dots for a more defined edge to improve sight picture and differentiate the front and rear sights.

• EasyPress features eliminate the need for filing and hammering and reduce the force needed for installation by up to 50%.

• BlackNitride surface finish with double the corrosion resistance of the original black oxide surface treatment for increased durability.

Retail Price: $137.49

All XS sights are backed by a 30-Day Satisfaction Guarantee. The company also offers a 12-year warranty on all tritium products and a limited lifetime warranty on all other products. For more information, visit www.xssights.com.

 

Safariland’s Species Holster Now Available in MultiCam Black

Wednesday, February 28th, 2024

JACKSONVILLE, Florida – Safariland®, a brand of The Safariland Group®, a leading global provider of safety products designed for the public safety, military, professional and outdoor markets and one of Cadre Holdings, Inc.’s (NYSE: CDRE) (“Cadre”) key brands has announced the release of the Species® holster in MultiCam® Black. This addition to Safariland’s holster line offers the next level of concealment for everyday carry in the fan-favorite pattern.

Designed with the modern user in mind, the Species features a minimalist design, offering a smaller package than other inside-the-waistband (IWB) holsters. The enhanced material selection and design integration bring Safariland’s renowned quality materials into this species of holster, ensuring durability and longevity.

Features Include:

• Adaptable tension device allows for tailored firearm tension and fit in holster

• Firearm model-specific design for ideal fit

• Fits standard 1.5″ (38 mm) belt widths

• Fully cantabile and vertically adjustable mounting clip for wear comfort

• Integrated passive trigger guard retention allows for a personalized feel during draw and reholstering

• Minimalist design reduces bulk in key areas for ideal IWB appendix style carry

• SafariLaminate™ thermal-molded construction for superior durability and longevity

• Sight channel provides clearance for standard height sights

• Suede lined for improved firearm fit while protecting the handgun’s finish

MultiCam has solidified its position as the proven solution for those seeking optimal camouflage. MultiCam Black pattern, known for its exceptional camouflage capabilities, further enhances the Species’ appeal. MultiCam Black seamlessly integrates with existing equipment, allowing for a cohesive and professional appearance.

The Species in MultiCam Black pattern is now available for purchase. To learn more about this exciting new release and to explore Safariland’s extensive range of holsters and tactical accessories, visit Safariland.com.