Sarantel connects with Iridium over next generation satellite phone
Tuesday, March 18, 2008
Shares in Sarantel edged higher today after the company secured a significant contract with Iridium to develop the antenna for its next generation satellite phone.
Sarantel, which makes filtering antennas for mobile and wireless devices, said the development of the antenna would be funded by Iridium and that the contract marked “a positive step forward for the business”.
Chief executive David Wither, said: “This is the first time Sarantel's antenna technology will be used on a mobile phone to provide two-way communication and represents a major step forward for the company's diversification strategy.”
Wither said the company won the contract after a very rigorous selection process against well established competitors because it was able to offer higher performance in a smaller package.
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