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US Army Awards $12 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

Retrieved on:

Tuesday, April 2, 2024

Bucs, SSPA, Satellite, Datapath, Army, Communications satellite

PETAH TIKVA, Israel, April 02, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the United States Army awarded a $12 million contract to its subsidiary DataPath, Inc., for the continuation of a program to sustain anytime, anywhere satellite connectivity.

Key Points:

PETAH TIKVA, Israel, April 02, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the United States Army awarded a $12 million contract to its subsidiary DataPath, Inc., for the continuation of a program to sustain anytime, anywhere satellite connectivity.
The contract is for the supply of Wavestream’s Solid State Amplifier (SSPA) products.
Wavestream SSPAs are ruggedized to withstand the harshest environments, enabling the Satellite Transportable Terminals (STTs) used in this program to deliver a “Communications-on-the-Pause” solution across diverse climates and conditions around the globe.
“Over the years, we’ve deployed thousands of BUCs to the military and we take great pride in providing proven technology that’s fielded for mission-critical telecommunications.

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution

Retrieved on:

Wednesday, March 13, 2024

Management, Bucs, Partnership, BUC, Sale, GHI, Investment

The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC.

Key Points:

The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC.
No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date.
The Partnership expects to issue an aggregate of approximately 96,000 BUCs for the supplemental BUCs distribution.
The cash distribution and supplemental distribution will be paid on April 30, 2024 to all BUC holders of record as of the close of trading on March 28, 2024.

GaAs Labs Announces Sale of Mission Microwave Technologies

Retrieved on:

Friday, March 15, 2024

GaAs Labs LLC (“GaAs Labs”) announces the sale of its portfolio company Mission Microwave Technologies LLC (“Mission” or the “Company”), a leading provider of GaN-based Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market, to an investment affiliate of J.F.

Key Points:

GaAs Labs LLC (“GaAs Labs”) announces the sale of its portfolio company Mission Microwave Technologies LLC (“Mission” or the “Company”), a leading provider of GaN-based Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market, to an investment affiliate of J.F.
The long-standing partnership between industry veterans John and Susan Ocampo of GaAs Labs and the Mission team saw the company grow significantly as it expanded its portfolio of microwave and millimeter-wave products to support critical ground-based, airborne, maritime and space-based applications, for government and commercial customers.
Utilizing its unique power combining technology and integrated systems design, Mission provides the industry’s most efficient, lightweight, and compact high-power systems.
We thank GaAs Labs for their partnership as we continue to expand our market position under JFLCO’s sponsorship.”
Phillips Lytle provided legal counsel and KippsDeSanto & Co. served as financial advisor to GaAs Labs and Mission.

Ambetter from Sunshine Health and Tampa Bay Buccaneers Tackle Colorectal Cancer During Colorectal Cancer Awareness Month

Retrieved on:

Tuesday, March 26, 2024

TAMPA, Fla., March 26, 2024 /PRNewswire/ -- As Colorectal Cancer Awareness Month continues throughout March, Ambetter from Sunshine Health and the Tampa Bay Buccaneers are teaming up to spread awareness about colorectal cancer by unveiling a powerful public service announcement (PSA). The video featuring Shelton Quarles, Buccaneers Director of Football Operations and former Super Bowl-winning linebacker for the team, is aimed at raising awareness about the importance of preventive screenings.

Key Points:

TAMPA, Fla., March 26, 2024 /PRNewswire/ -- As Colorectal Cancer Awareness Month continues throughout March, Ambetter from Sunshine Health and the Tampa Bay Buccaneers are teaming up to spread awareness about colorectal cancer by unveiling a powerful public service announcement (PSA).
Through this joint effort, Ambetter from Sunshine Health and the Buccaneers are committed to sharing vital health information that has the potential to make a profound impact in the fight against colorectal cancer.
Colorectal cancer is the second most common cause of cancer deaths in the United States in both men and women.
Additionally, colorectal cancer disproportionately affects Black Americans , who are 20% more likely to get colorectal cancer and about 40% more likely to die from it than other groups.

J.F. Lehman & Company Completes Acquisition of Mission Microwave

Retrieved on:

Thursday, March 14, 2024

Bucs, Growth, Entrepreneurship, Gallium nitride, SMBC, Swap, King & Spalding, Ka band, Government, Barings LLC, Management

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").

Key Points:

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").
Founded in 2014 and headquartered in Cypress, CA, Mission is a leading provider of Solid-State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market.
Utilizing advanced gallium nitride (GaN) transistors, unique power combining technology and novel full-system designs, Mission provides the industry's most efficient, lightweight, and compact high-power devices.
KippsDeSanto & Co. served as financial advisor to Mission, and Phillips Lytle provided legal counsel to Mission and its majority equity holders.

J.F. Lehman & Company Completes Acquisition of Mission Microwave

Retrieved on:

Thursday, March 14, 2024

Bucs, Growth, Entrepreneurship, Gallium nitride, SMBC, Swap, King & Spalding, Ka band, Government, Barings LLC, Management

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").

Key Points:

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").
Founded in 2014 and headquartered in Cypress, CA, Mission is a leading provider of Solid-State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market.
Utilizing advanced gallium nitride (GaN) transistors, unique power combining technology and novel full-system designs, Mission provides the industry's most efficient, lightweight, and compact high-power devices.
KippsDeSanto & Co. served as financial advisor to Mission, and Phillips Lytle provided legal counsel to Mission and its majority equity holders.

Ballad Health unveils three new Centers for Early Learning across Appalachian Highlands

Retrieved on:

Thursday, February 29, 2024

JOHNSON CITY, Tenn., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Young learners have new places to grow and thrive, as three new Ballad Health Centers for Early Learning open across the Appalachian Highlands of Northeast Tennessee and Southwest Virginia.

Key Points:

JOHNSON CITY, Tenn., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Young learners have new places to grow and thrive, as three new Ballad Health Centers for Early Learning open across the Appalachian Highlands of Northeast Tennessee and Southwest Virginia.
New Centers for Early Learning in Greeneville, Tennessee; Lebanon, Virginia; and on the campus of East Tennessee State University are now open, with collective capacity to serve approximately 300 children.
Each center serves Ballad Health team members and community members, and each accepts children who qualify for state childcare financial assistance in Tennessee and Virginia.
In Lebanon, the Center for Early Learning is located less than three miles from Russell County Hospital, making it especially convenient for Ballad Health team members and their families.

Greystone Housing Impact Investors Reports Fourth Quarter and Annual 2023 Financial Results

Retrieved on:

Thursday, February 22, 2024

Bucs, Building material, Management, Investment, Sale, Partnership, MRB, CAD, Venture round, GHI, Webcast, Freddie Mac, GIL, Security (finance)

OMAHA, Neb., Feb. 22, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months and year ended December 31, 2023.

Key Points:

OMAHA, Neb., Feb. 22, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months and year ended December 31, 2023.
The distribution was paid on January 31, 2024, to BUC holders of record as of the close of trading on December 29, 2023.
“Our positive results for 2023 demonstrate continued strong returns from our investments.
The Partnership will host a conference call for investors on Thursday, February 22, 2024 at 4:30 p.m. Eastern Time to discuss the Partnership’s Fourth Quarter 2023 results.

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution

Retrieved on:

Wednesday, December 13, 2023

Partnership, BUC, Bucs, Management, GHI

The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC.

Key Points:

The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC.
No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date.
The Partnership expects to issue an aggregate of approximately 95,000 BUCs for the supplemental BUCs distribution.
The cash distribution and supplemental distribution will be paid on January 31, 2024 to all BUC holders of record as of the close of trading on December 29, 2023.

US Army Awards Nearly $20 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

Retrieved on:

Monday, December 4, 2023

SSPA, Gilat, Bucs, Satellite, Senior

PETAH TIKVA, Israel, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the United States Army awarded a nearly $20 million contract to the company’s US-based subsidiary, Wavestream, for the continuation of a program to sustain anytime, anywhere satellite connectivity.

Key Points:

PETAH TIKVA, Israel, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the United States Army awarded a nearly $20 million contract to the company’s US-based subsidiary, Wavestream, for the continuation of a program to sustain anytime, anywhere satellite connectivity.
Wavestream’s Solid State Amplifier (SSPA), ruggedized to withstand the harshest environments, enables the Satellite Transportable Terminals (STTs) used in this program to deliver a “Communications-on-the-Pause” solution across diverse climates and conditions around the globe.
“With more than a decade and a half of field proven performance, the Wavestream 50W Ka SSPA continues to satisfy the Army’s need for dependable satellite communications in support of our warfighters operating in harsh and hostile environments around the world,” said Bob Huffman, Wavestream’s General Manager and Gilat's Senior VP.
“Over the years, we’ve deployed thousands of BUCs to the military and we take great pride in providing proven technology that’s fielded for mission-critical telecommunications.”