Strategic Asset Purchase Adds Strong Domestic and International Customer Base in MilGov Sector
BMS Overview
BMS designs and manufactures microwave technology systems that serve a diverse customer base in government surveillance, law enforcement, uncrewed aerial vehicles (UAV), and unmanned ground vehicles (UGV) markets. BMS offers a complete suite of mission-critical solutions, allowing reliable, long-range data transmission in the most demanding environments. With over 30 years of experience in real-time microwave transmission, BMS has longstanding relationships with customers in
BMS Asset Acquisition Summary and Rationale
- Grows Vislink’s leading position as one of the largest and most technically advanced Airborne Video Downlink Systems (AVDS) provider.
- Provides
Vislink with a well-established customer base in the MilGov sector, further strengthening the Company’s international footprint, especially in EMEA. - Presents
Vislink with an attractive opportunity to upsell and cross-sell its industry-leading AVDS products across the expansive BMS customer network. - Expands Vislink’s opportunities to penetrate the burgeoning public safety, defense, and federal government markets.
- Bolsters Vislink’s ability to flexibly deploy capital to evolve its platform to best meet customers’ needs.
Management Commentary
“BMS is a well-established international player in the AVDS space,” said
Note on Forward-looking Statements
Certain statements in this press release are forward-looking statements that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Any statements, other than statements of historical fact included in this press release, including those regarding the Company’s acquisition of BMS assets and expected opportunities and synergies, strategy, future operations, future revenues, growth, profitability results and financial position, risks of supply chain constraints and inflationary pressures, projected expenses, prospects, plans including footprint and technology asset consolidations, objectives of management, new capabilities, product and solutions launches including wireless microwave equipment and AI-assisted and 5G streaming technologies, expected contract values, projected pipeline sales opportunities, acquisitions integration, and expected market opportunities across the Company’s operating segments including the live event production market, the effects of the COVID-19 pandemic, the sufficiency of the Company’s capital resources to fund the Company’s operations and any statements regarding future results are forward-looking statements.
The statements made in this press release speak only as of the date stated herein, and subsequent events and developments may cause the Company’s expectations and beliefs to change. While the Company may elect to update these forward-looking statements publicly at some point in the future, the Company specifically disclaims any obligation to do so, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date after the date stated herein.
About
Media Contact:
charlotte.vanhertum@vislink.com
Investor Relations Contact:
VISL@gateway-grp.com
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