Company Description
C-COM Satellite Systems Inc. (OTCQB: CYSNF) is described as a pioneer and global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The company focuses on mobile auto-deploying satellite antenna technology that enables broadband Internet via satellite for a wide range of applications, including regions that are unserved or underserved by terrestrial access technologies. C-COM’s shares trade on the US OTC market under the symbol CYSNF and on the TSX Venture Exchange under the symbol CMI.
C-COM has developed proprietary auto-acquisition controller technology that allows rapid antenna pointing to a satellite with the press of a button. This capability supports reliable satellite connectivity for users who require communications on the move or in remote locations. The company’s products are deployed through a dedicated dealer network in more than 100 countries and have been used in numerous vertical markets. Its iNetVu® brand of antennas is repeatedly described as synonymous with high quality, reliability, and cost-effectiveness in company disclosures.
Core business and product focus
The company’s core business centers on mobile auto-deploying satellite antenna systems and related technologies. C-COM reports that it has sold more than 11,000 antenna systems worldwide. These systems support broadband satellite connectivity for markets such as:
- Oil and gas exploration
- Military communications
- Disaster management and emergency communications
- Satellite news gathering (SNG)
- Cellular backhaul
- Telemedicine and mobile education
- Government services and mobile banking
C-COM’s portfolio includes vehicle-mounted, transportable, and manpack antenna systems, as reflected in recent announcements. Examples include iNetVu® manpack antennas that can be carried by a single person and rapidly assembled without tools, as well as vehicle mount systems in Ku-band and Ka-band configurations. The company also offers mobility mount adapters that convert certain third-party electronically steered array (ESA) terminals into vehicle-mounted configurations, and transportable cases designed for rapid deployment of ESA terminals in the field.
Technology development and innovation areas
C-COM emphasizes ongoing research and development in electronically steered antennas and beamforming integrated circuits. The company describes itself as being in the final stages of satellite testing and manufacturing of a Ka-band, multi-orbit, electronically steerable, modular, conformal, flat panel phased array antenna. This antenna is intended to support mobility applications over LEO, MEO, and GEO satellite constellations for land, airborne, and maritime uses.
A significant project highlighted in company communications is the development of an Analog Beamforming Integrated Circuit (BFIC). These BFICs are intended to be used in the manufacturing of C-COM’s ESA antennas to reduce cost and improve performance, and the company also states that they will be made available for sale. C-COM has also reported receiving funding under the CMC/FABrIC program in Canada for a project titled “High Efficiency Beamforming IC and Intelligent Beam-forming Antenna Modules for Satellite IoT and ESA Terminals,” in collaboration with MMSENSE Technologies Inc. This project aims to develop next-generation integrated circuits for Ka-band electronically steered phased array antennas and satellite-based IoT applications.
In addition, C-COM has announced the grant of a U.S. patent for a Ka-band 2D phased-array antenna in package. The described technology involves a millimeter-wave phased array antenna with an integrated passive beamformer network and at least one actuation mechanism, including a phase shifter with a slow-wave transmission line and a ceramic component. The company indicates that this invention is intended to support next-generation hybrid (passive/active) phased array antennas for large-scale systems.
Market applications and verticals
According to multiple company releases, C-COM’s antenna systems are deployed across a broad set of vertical markets, including:
- Oil and gas exploration
- Military and defense communications
- Disaster management and emergency services
- Satellite news gathering (SNG)
- Cellular backhaul for telecommunications
- Telemedicine and mobile education
- Government services and mobile banking
- Security and related connectivity markets
The company notes that its antennas are used in environments ranging from northern regions of Canada to deserts in Africa and Australia, illustrating deployment in varied and challenging conditions. C-COM also highlights demand from defense and oil and gas sectors, and mentions participation in defense industry exhibitions to present its rugged antenna systems, including manpack and Ka-band ESA antennas suitable for drone guidance and mobile defense applications.
Partnerships, approvals, and ecosystem
C-COM’s disclosures reference collaboration with academic and industry partners. The company reports that its ESA development has involved partnership with the University of Waterloo and support from organizations such as the Ontario Centers for Excellence (OCE), the Canadian Space Agency (CSA), and the Natural Sciences and Engineering Research Council of Canada (NSERC). These collaborations relate to research on Ka-band phased array antennas and beamforming technologies.
The company has also announced type approval from Eutelsat for its iNetVu® Ka-74G antenna system equipped with a Ka-band transceiver. This vehicle-mounted antenna and transceiver combination is approved to operate on Eutelsat’s KONNECT Very High Throughput Satellite (VHTS) service, which provides coverage in Europe, the Middle East, and Sub-Saharan Africa. When enabled on that service, the Ka-74G driveaway antenna is described as being capable of delivering high-speed broadband connectivity for various applications.
In addition, C-COM has developed transportable solutions for Hughes-manufactured Electronically Steered Array (ESA) terminals, specifically for Hughes HL1100 and HL1120 ESA OneWeb terminals. The company has introduced iNetVu® OneWeb Transportable Standard and Pop-Up Cases that allow rapid deployment of these terminals in the field, including cases with recessed wheels, handles, and storage compartments for LAN, power supply, and cabling. These solutions are positioned to support communications-on-the-pause (COTP) use cases over the Eutelsat OneWeb constellation.
Capital markets and corporate profile
C-COM Satellite Systems Inc. is a publicly traded company listed on the TSX Venture Exchange (symbol: CMI) and on the US OTC Exchange (symbol: CYSNF). The company communicates with investors through regular news releases that cover financial results, product developments, patent grants, funding awards, and major orders for its antenna systems. It also reports the use of stock options as part of officer remuneration under its stock option plan, subject to TSX Venture Exchange requirements and approvals.
According to its own statements, C-COM has operated for more than two decades in the satellite communications equipment space and has built a global reseller network numbering in the hundreds. The company’s disclosures emphasize its focus on mobile SATCOM equipment, electronically steered antennas, and beamforming integrated circuits, with an emphasis on making satellite-based mobility solutions more cost-effective and better performing for a variety of commercial, governmental, and defense-related customers.
Business context and sector classification
In industry classification terms, C-COM is associated with telephone apparatus manufacturing within the broader manufacturing sector, while its own descriptions emphasize its role in satellite communications hardware. Its activities span antenna design, controller technology, phased array research, and semiconductor-related beamforming IC development. The company’s news releases note that it participates in global satellite and defense industry events and that its products are used where terrestrial networks are limited or unavailable.
Overall, C-COM Satellite Systems Inc. presents itself as a specialist in mobile satellite antenna systems and related RF and beamforming technologies, with a global installed base, a recognized product brand in iNetVu®, and ongoing R&D programs aimed at Ka-band, multi-orbit electronically steered antennas and associated integrated circuits.
Stock Performance
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SEC Filings
No SEC filings available for C-Com Satellite.
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Short Interest History
Short interest in C-Com Satellite (CYSNF) currently stands at 41.0 thousand shares, up 120488.2% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has increased by 8100%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for C-Com Satellite (CYSNF) currently stands at 2.3 days, up 128% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 128% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.3 days.