MIDDLETOWN, R.I., March 29, 2011 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq:KVHI) has received a new $2.7 million order for KVH's DSP-3100 fiber optic gyros (FOGs) from an international defense contractor to support weapon and optical stabilization in remote weapon stations. Delivery of this order will begin immediately and span the next several months.
"KVH's compact, rugged, and affordable fiber optic gyros offer end users and system integrators of all types another tremendously valuable benefit – versatility," says Jay Napoli, KVH's vice president of FOG/OEM sales. "Our FOGs equip our customers with a range of output options, our patented Digital Signal Processing (DSP) electronics design, and outstanding performance with regard to bias stability, scale factor linearity, turn-on to turn-on repeatability, and high bandwidth. As a result, these exceptionally low noise fiber optic gyros are ideal for a variety of demanding applications, including those that require precise measurement of rate and turning angle as well as the ability to withstand the shock of repeated, high-speed gunfire."
KVH's fiber optic guidance and sensor systems are used in an array of commercial and defense-related stabilization, navigation, autonomous vehicle, and precision guidance applications. KVH's fiber optic gyro resource page – http://www.fiberopticgyro.com – offers additional details regarding KVH's fiber optic gyro solutions.
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About KVH Industries, Inc.
KVH Industries is a leading manufacturer of solutions that provide global high-speed Internet, television and voice services via satellite to mobile users at sea, on land, and in the air. KVH is also a premier manufacturer of high performance sensors and integrated inertial systems for defense and commercial guidance and stabilization applications. The company is based in Middletown, RI, with facilities in Illinois, Denmark, Norway, and Singapore.
This release may contain certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, for example, the functionality, characteristics, quality and performance of KVH's products and technology; and customer preferences, requirements and expectations. The actual results could differ materially. Factors that may cause such differences include, among others, delays in customers' qualification processes for our products or other delays in shipping, uneven military sales cycles, and changes in equipment requirements, as well as those discussed in KVH's most recent Form 10-K filed with the SEC. KVH does not assume any obligation to update its forward-looking statements to reflect new information or developments.
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