Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
FREMONT, Calif., Nov. 16, 2016 -- Digital Power Corporation (NYSE:DPW) has been awarded a 3-year contract to manufacture and supply a fully custom, DC-DC multiple output power switching solution for a azimuth satellite control system to be used by the Israel Defense Forces for precision weapons in tactical warfare.
Digital Power was awarded this renewable contract due in part to its proven record of providing high quality and extremely reliable complex power solutions that have been successfully deployed in Modular Azimuth Position Systems for tactical warfare. The company can provide customers with low voltage power supply (LVPS) products for defensive and offensive weapons used in air, land, sea and space, and for command and control systems.
Designed to operate in GPS-disturbed or jammed battlefield scenarios, the Digital Power LVPS products feature a persistent capability that provides the azimuth satellite control systems with continuous stable power through multiple power sources in the harshest operating conditions.
Amos Kohn, President and CEO of Digital Power Corporation, said, “We are proud that the superb product quality and service that we provide to our leading global aerospace and defence customers result in continuing awards of contracts for us to manufacture and supply LVPS products for a variety of systems. The Aazimuth Satellite Control Systems Project represents one of the most significant self-contained hybrid land navigation systems, designed to provide autonomous position initialization and moving base alignment for land and amphibious vehicles in the battlefield.”
Mr. Kohn continued, “The cost-effective and compact design of the LVPS products are suitable for installation on a wide range of platforms, such as self-propelled guns, artillery radar, rocket launchers, mortars, observation vehicles and other vehicles types. The products are designed for use in various combat scenarios and serve as critical components of systems that provide ground forces with the persistent capability to determine precise positioning and direction in all weather conditions without requiring a battlefield survey.”
About Digital Power Corporation
Headquartered in Fremont, Calif., Digital Power Corporation designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers demand high density, high efficiency and ruggedized power solutions. Its wholly owned subsidiary, Digital Power Limited, is based in Salisbury, UK.
Contact: Digital Power Corporation, 48430 Lakeview Blvd., Fremont, California 94538 www.digipwr.com. Company contact: 510-657-2635 [email protected] For investor inquires contact Patrick Gaynes at [email protected]
