Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push 
Microsoft AI Spending Surge Sparks Investor Jitters Despite Solid Azure Growth 
Tesla Loses Ground in Europe as BYD Accelerates EV Market Share in 2025 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
Google Halts UK YouTube TV Measurement Service After Legal Action 
Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation 
Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability 
Boeing Posts Fourth-Quarter Profit on Jeppesen Sale Despite Ongoing Unit Losses 
BYD and Exxon Mobil Strengthen Hybrid Technology Partnership 
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results 
Alibaba-Backed Moonshot AI Unveils Kimi K2.5 to Challenge China’s AI Rivals 
The Maire - EuroChem Case: Three Lessons for Global Business 
LVMH Investors Watch Earnings Closely as Luxury Recovery Faces New Challenges 
Climate Adaptation at Home: How Irrigreen Makes Conservation Effortless 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
First Abu Dhabi Bank Reports 22% Jump in Q4 Profit, Beats Market Expectations 
GAITHERSBURG, Md., May 22, 2017 -- UltiSat, Inc., a leading provider of end-to-end managed satellite network solutions, is pleased to announce that it has been awarded a prime contract by the Swedish Defense Materiel Administration (FMV) to provide satellite bandwidth in Europe, the Middle East, Africa, Russia, and Afghanistan. The Swedish Armed Forces is the government agency that is tasked with defending the country of Sweden and its interests.
UltiSat is one of four awardees of a Swedish Defense Materiel Administration (FMV) Agreement for Satellite Capacity over ITU-R Region 1 for the period encompassing 2017 through 2020. Under this Agreement, UltiSat is positioned to provide C-band and Ku-band satellite capacity to enable IP connectivity for forward-deployed FMV troops. UltiSat will implement and operate this project by leveraging its global network and service infrastructure, Secure Network Operations Center (SNOC), and extensive engineering and technical operations expertise.
“UltiSat is honored to be serving the Swedish Armed Forces in support of its missions,” said Moe Abutaleb, CEO of UltiSat. “Our recent win for C-Band capacity over the region of interest attests to our technical and commercial capabilities to bring cost effective solutions to FMV. We bring significant past performance and expertise in the deployment and operation of secure and reliable satellite and wireless solutions in difficult territories. Our team looks forward to supporting the Swedish Armed Forces on this important program.”
About UltiSat:
Headquartered in Gaithersburg, MD, USA, UltiSat provides a wide range of satellite communications products, services, and infrastructure incorporating Very Small Aperture Terminal (VSAT), airborne ISR/COTM, teleport, and mobile satellite services for mission-critical applications. UltiSat delivers high-value solutions to end users in some of the most remote and harsh locations in over 135 countries on 7 continents around the globe. With customer networks that vary from a few sites to hundreds of locations, UltiSat's technical expertise and technology-agnostic approach ensures that our customers get the best-fit/best-value solutions. UltiSat customers include U.S. and foreign government agencies, government contractors, NGOs and multinational enterprises. For more information, visit www.ultisat.com.
Media Contact: Laura Moreno-Davis, MBA Director of Marketing [email protected] (240) 813-7578
