C-COM Receives FABrIC Semiconductor Funding
C-COM Satellite Systems (OTCQB: CYSNF) has secured a $412,550 funding grant from ISED Canada under the CMC/FABrIC program, a $223 million initiative focused on Canada's semiconductor future. The company is collaborating with MMSENSE Technologies, which received a $497,650 grant, for developing next-generation integrated circuits for Ka-band electronically steered phased array antennas and satellite IoT applications.
The project, with a total investment of $2.46 million over two years, aims to develop high-efficiency beamforming ICs and intelligent beam-forming antenna modules. This initiative positions C-COM to enter a new vertical market with multi-billion dollar potential while enhancing their Ka-band semiconductor IC technology capabilities.
C-COM Satellite Systems (OTCQB: CYSNF) ha ottenuto una contributo finanziario di 412.550 dollari da ISED Canada nell'ambito del programma CMC/FABrIC, un'iniziativa da 223 milioni di dollari focalizzata sul futuro dei semiconduttori in Canada. L'azienda collabora con MMSENSE Technologies, che ha ricevuto un finanziamento di 497.650 dollari, per sviluppare circuiti integrati di nuova generazione per antenne a matrice a fase elettronica steerate nella banda Ka e applicazioni IoT satellitari.
Il progetto, con un investimento totale di 2,46 milioni di dollari in due anni, mira a sviluppare circuiti integrati per beamforming ad alta efficienza e moduli antenna intelligenti per beam-forming. Questa iniziativa posiziona C-COM per entrare in un nuovo mercato verticale con un potenziale di miliardi di dollari, migliorando al contempo le capacità tecnologiche dei loro circuiti integrati a semiconduttore per la banda Ka.
C-COM Satellite Systems (OTCQB: CYSNF) ha asegurado una subvención de financiación de 412,550 dólares de ISED Canadá bajo el programa CMC/FABrIC, una iniciativa de 223 millones de dólares centrada en el futuro de los semiconductores en Canadá. La compañía colabora con MMSENSE Technologies, que recibió una subvención de 497,650 dólares, para desarrollar circuitos integrados de próxima generación para antenas en matriz en fase electrónicamente dirigidas en la banda Ka y aplicaciones IoT satelitales.
El proyecto, con una inversión total de 2.46 millones de dólares durante dos años, busca desarrollar circuitos integrados de formación de haces de alta eficiencia y módulos de antena inteligentes para formación de haces. Esta iniciativa posiciona a C-COM para ingresar a un nuevo mercado vertical con un potencial de miles de millones de dólares, mejorando al mismo tiempo sus capacidades tecnológicas en circuitos integrados de semiconductores para la banda Ka.
C-COM Satellite Systems (OTCQB: CYSNF)는 캐나다 ISED의 CMC/FABrIC 프로그램을 통해 412,550달러의 자금 지원을 확보했습니다. 이 프로그램은 캐나다 반도체 미래에 중점을 둔 2억 2,300만 달러 규모의 이니셔티브입니다. 회사는 MMSENSE Technologies와 협력하고 있으며, MMSENSE는 497,650달러의 보조금을 받았습니다. 이들은 Ka 밴드 전자식 위상 배열 안테나와 위성 IoT 응용을 위한 차세대 집적 회로를 개발하고 있습니다.
총 246만 달러의 2년 투자 프로젝트로, 고효율 빔포밍 IC와 지능형 빔포밍 안테나 모듈 개발이 목표입니다. 이 이니셔티브는 C-COM이 수십억 달러 규모의 잠재력을 가진 새로운 수직 시장에 진입하고 Ka 밴드 반도체 IC 기술 역량을 강화할 수 있도록 합니다.
C-COM Satellite Systems (OTCQB : CYSNF) a obtenu une subvention de financement de 412 550 $ de la part d'ISED Canada dans le cadre du programme CMC/FABrIC, une initiative de 223 millions de dollars axée sur l'avenir des semi-conducteurs au Canada. L'entreprise collabore avec MMSENSE Technologies, qui a reçu une subvention de 497 650 $, pour développer des circuits intégrés de nouvelle génération pour des antennes à réseau à commande de phase électronique en bande Ka et des applications IoT par satellite.
Le projet, avec un investissement total de 2,46 millions de dollars sur deux ans, vise à développer des circuits intégrés de formation de faisceau à haute efficacité et des modules d'antenne intelligents pour la formation de faisceaux. Cette initiative positionne C-COM pour entrer sur un nouveau marché vertical au potentiel de plusieurs milliards de dollars tout en améliorant ses capacités technologiques en circuits intégrés semi-conducteurs pour la bande Ka.
C-COM Satellite Systems (OTCQB: CYSNF) hat eine Förderzusage in Höhe von 412.550 US-Dollar von ISED Kanada im Rahmen des CMC/FABrIC-Programms erhalten, einer 223 Millionen US-Dollar-Initiative, die sich auf die Zukunft der Halbleiter in Kanada konzentriert. Das Unternehmen arbeitet mit MMSENSE Technologies zusammen, das eine Förderung von 497.650 US-Dollar erhalten hat, um integrierte Schaltkreise der nächsten Generation für elektronisch gesteuerte Phased-Array-Antennen im Ka-Band und Satelliten-IoT-Anwendungen zu entwickeln.
Das Projekt mit einer Gesamtinvestition von 2,46 Millionen US-Dollar über zwei Jahre zielt darauf ab, hocheffiziente Beamforming-ICs und intelligente Beamforming-Antennenmodule zu entwickeln. Diese Initiative positioniert C-COM, um in einen neuen vertikalen Markt mit einem Potenzial von mehreren Milliarden Dollar einzutreten und gleichzeitig ihre technologischen Fähigkeiten bei Ka-Band-Halbleiter-ICs zu verbessern.
- Secured $412,550 in government funding over 2 years
- Total project investment of $2.46 million indicates significant scale
- Entry into new vertical market with multi-billion dollar potential
- Development of proprietary Ka-band semiconductor IC technology
- Strategic collaboration with MMSENSE Technologies
- Two-year development timeline before potential commercialization
- Significant R&D investment required for project completion
Ottawa, Ontario--(Newsfile Corp. - July 8, 2025) - C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today that it has been awarded
Managed by CMC Microsystems, FABrIC is a five-year,
The project entitled "High Efficiency Beamforming IC and Intelligent Beam-forming Antenna Modules for Satellite IoT and ESA Terminals" aims to develop next generation integrated circuits which will be used in the C-COM designed Ka-band electronically steered phased array antennas as well as for satellite based IoT applications. C-COM is collaborating with MMSENSE Technologies Inc., who was also awarded a funding grant of
This project was one of the total of 5 awarded to companies based in the province of Ontario. The total investment by all parties in this project is
"We are grateful to FABrIC, CMC Microsystems and Innovation, Science and Economic Development Canada (ISED) for this financial assistance," said Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc. "This grant will allow C-COM to enter a new vertical market with a market potential of multiple billions of dollars and at the same time provide the company with its own enhanced Ka-band semiconductor IC technology, which will make our flat panel electronically steered antennas more cost effective and better performing."
"We are excited to collaborate with C-COM on advancing Canada's presence in emerging satellite communication markets," said Dr. Mohammad-Reza Nezhad-Ahmadi, CEO of MMSENSE Technologies Inc.
"FABrIC funding enables both MMSENSE and C-COM to accelerate the development of high-efficiency, low-power-consumption, and cost-effective Ka-band beamforming ICs, antenna modules, and Active Electronically Scanned Array (AESA) solutions. This support strengthens our ability to scale engineering efforts, move quickly from prototypes to demonstration systems, and lay the foundation for commercial deployment in satellite connectivity applications."
8-Chanel Beamformer Tx and Rx Integrated Circuit
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About FABrIC:
Mandated to secure Canada's future in semiconductors. FABrIC lowers barriers faced by Canadian companies developing semiconductor manufacturing processes and internet-connected products and services for export into global markets. Focused on four core technologies: quantum, photonics, compound semiconductors and MEMS, it offers targeted funding for Fabrication Process and Product Development. Its training, IP registry and repository, design and prototyping services and Quantum Readiness programs support innovation and revitalize the domestic ecosystem.
FABrIC forcefully connects the semiconductor sector into Canada's major industrial performers: advanced manufacturing, agriculture, aerospace & defence, the auto sector, cleantech, MedTech and mining & natural resources to amplify this country's economic performance. Managed by CMC MIcrosystems, FABrIC is an Innovation, Science and Economic Development Canada (ISED) Strategic Innovation Fund (SIF) investment.
For additional information please visit: https://fabricinnovation.ca/
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a pioneer and a leading global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The Company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies.
C-COM has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The Company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness.
C-COM is in final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. C-COM has developed this unique multi-orbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project underway at C-COM is the development of an Analog Beamforming Integrated Circuit, which is progressing well and is expected to enter the testing phase by the middle of this year. These BFICs will be used in the manufacturing of all our ESA antennas with the intent to significantly reduce their cost and improve their performance.
For additional information please visit www.c-comsat.com
iNetVu® is a registered trademark of C-COM Satellite Systems Inc.
The Company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF).
INVESTOR RELATIONS
C-COM Satellite Systems Inc.
Tel: (613) 745-4110 ext. 4950
Fax: (613) 745-7144
lklein@c-comsat.com
About MMSENSE:
MMSENSE Technologies Inc. is a Canadian deep-tech company based in Waterloo, Ontario, specializing in the development of low-power-consumption, cost-effective millimeter-wave beamforming ICs, high-performance antenna solutions for emerging satellite and wireless communications, and advanced imaging radar systems.
MMSENSE delivers compact, scalable hardware platforms designed to enable next-generation connectivity, sensing, and imaging. The company supports the growth of Canada's semiconductor and wireless innovation ecosystem through deep technical expertise, advanced technology development, and strategic industry collaboration.
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions. Statements about C-COM's expectations for future results, its intention to continue testing and launch a new product using the funding described, the size of the potential market, C-COM's expectations of being able to capitalize on the market and the expectation that investment in R&D will generate returns to the company all contain forward-looking information. Several factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Product testing may be delayed, may not have positive results or may result in necessary changes to the product design. Product development and launch may be postponed, delayed or, in the worst case, cancelled for many reasons outside C-COM's control, anticipated benefits of the new technology may not be realized, new products and services may not be released or, if released may not gain market acceptance and factors outside of C-COM's control may cause it to focus of its efforts and investments differently than described above. Any of those events and others could influence future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances. Readers are directed to the risk factors associated with the business of C-COM Satellite Systems in the company's most recent MD&A available at www.sedarplus.ca.
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FAQ
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