Hytek Receives $1.4 Million Subcontract For Remote Sensing Telemetry Components

TECH SPACE

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Carson City - Sept. 26, 2001
Hytek Microsystems, Inc. has received a subcontract to build remote sensing telemetry components. The value of the initial order is approximately $1.4 million. The Hytek built components will be used by an undisclosed customer and the United States military to perform remote data gathering operations.

"This initial contract provides Hytek the opportunity to become an exclusive manufacturer of the telemetry components used in these operations. These telemetry components are more effective and less costly than others currently utilized in similar military systems," said Jon Presnell, Hytek's President and COO.

Founded in 1974, Hytek, headquartered in Carson City, Nevada, specializes in hybrid microelectronic circuits that are used in oil exploration, military applications, satellite systems, industrial electronics, opto-electronics and other OEM applications.

SPACEMART

ESA To Fund Early-Stage Satcom Businesses

Paris - Sept. 18, 2001
The European Space Agency today launches a new initiative designed to help small companies enter the field of satellite communication by providing early-stage investment and support.

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