xG Technology Inc (NASDAQ:XGTI)’s business unit, Integrated Microwave Technologies, has announced that it has received an order for wireless video transmission modules, worth $500,000, from a robotic defense contractor. The company stated the new modules would be used in remote ordnance disposal applications, for the military. XGTI also noted that it was the ability of IMT to provide solutions that deliver customized robotic integration of high data rate video-links, which made it an ideal choice.
John Payne IV, the president of IMT stated that the selection IMT to supply technology for this application is an indication of their commitment to meet demands of defense and law enforcement. He also revealed that the company was able to successfully utilize the SWaP format, while also ensuring the delivery of reliable video across extended ranges. Mr. Payne concluded by expressing his utmost confidence in the ability of their technology to keep the military and law enforcement personnel out of harm’s way.
Earlier in the week, IMT had secured another order, from a mid-Atlantic police agency, for its Airborne Video Downlink system, worth $200,000. The company stated that the AVDS tends to provide extended efficacy of tactical operations, of police airborne units. Added to this, the agency decided to procure the AVDS as a replacement for legacy systems that offered limited range, low resolution and unreliability. The main purpose of the system would be to provide real-time updates to ground-based units, to make tactical and strategic decisions.
Mr. Payne claimed that a number of security agencies were looking to update their airborne platforms, so as to provide a reliable, seamless and robust system to provide strategic and tactical information about the mission. He stated that the reliability and ease of operation were the main selling points for the AVDS. Mr. Payne even stated that he looked forward to working closely with their customer, to get the most out of their solution.
xG Technology Inc (NASDAQ:XGTI) closed at a share price of $0.44, at the end of the October 14 trading session, after having a trade volume of 5.13 million and gaining 4.51% during the session.