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Baylin Technologies receives .25 million CAD contract from sports and entertainment satellite broadcaster and service provider

TORONTO, 26 August 2024 /CNW/ – Baylin Technologies Inc. (the “Company”) (TSX: BYL) is pleased to announce that its subsidiary Advantech Wireless Technologies Inc. (“Advantech”) has received orders totaling 2.25 million USD for his C-band and Ku-band solid-state power supply block (“SSPB”) amplifier from a major sports and entertainment satellite broadcaster and service provider.

Baylin Technologies Inc. (CNW Group/Baylin Technologies Inc.) logoBaylin Technologies Inc. (CNW Group/Baylin Technologies Inc.) logo

Baylin Technologies Inc. (CNW Group/Baylin Technologies Inc.) logo

The C-band portion consists of our gallium nitride (GaN)-based Dakota SSPBs, which will be mounted in the vehicle to support the transmitter’s cellular network. The powerful 500W Genesis HP Ku-band block-up converters will be installed in the customer’s main teleport facility. Advantech’s products were selected for both their robust architecture and unique software features.

Leighton CarrollPresident and CEO of the company, said: “Broadcasting is one example of the need for high-performance satellite technology. Being selected to deliver sports broadcasts is another example of why customers choose Advantech when they need reliable, innovative technology. Our new amplifier series also allows us to simplify our supply chain while providing enhanced features.”

About Baylin

Baylin Technologies Inc. is a leading, diversified, global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products and supporting services. Baylin is committed to meeting the needs of its customers and anticipating the development of the market. For more information, visit www.baylintech.com.

Forward-looking statements

This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact. Rather, they are statements about conditions, developments, events or financial performance that we expect or anticipate will occur in the future. This includes, without limitation, information or statements about our objectives and strategies for achieving those objectives, statements about management’s beliefs, estimates, intentions and plans, and statements about anticipated future circumstances, events, expectations, operations, performance or results. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “could,” “should,” “would,” “estimate,” “expect,” “forecast,” “indicate,” “intend,” “likely,” “might,” “outlook,” “plan,” “potential,” “project,” “seek,” “target,” “trend” or “will,” or the negative or other variations of these words or other comparable words or expressions, and are intended to identify forward-looking statements, although not all forward-looking statements contain these words.

The forward-looking statements in this press release include statements regarding the use, technical capabilities and benefits of Advantech’s power amplifiers. Forward-looking statements are based on certain assumptions and estimates that we have made in light of our experience and perception of historical trends, current conditions, expected future developments, including projected growth and revenue for passive and active radio frequency and terrestrial microwave products and services, and other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that these assumptions and estimates will prove to be correct.

Numerous factors could cause our actual results, level of activity, performance or achievements, or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including the risk factors discussed in the Company’s most recent Annual Information Form, which is available under the Company’s profile on SEDAR+ at. www.sedarplus.ca. All forward-looking statements in this press release are subject to these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that actual results or developments will occur or, even if they materially occur, will have the expected consequences or effects on the Company. Except as required by applicable securities laws, the Company does not intend and undertakes no obligation to update these forward-looking statements.

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By Bronte

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