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News Release from: RF Engines
Edited by the Electronicstalk Editorial
Team on 22 May 2002
RF Engines breaks into US defence market
RF Engines has signed a major modification and licensing deal for its novel Pipelined Frequency Transform (PFT) technology with one of the leading US defence prime contractors.
RF Engines has signed a major modification and licensing deal for its novel Pipelined Frequency Transform (PFT) technology with one of the leading US defence prime contractors The initial phase of the contract will be to modify the existing core technology to meet the demanding requirements of a next generation electronic system for defence applications
This article was originally published on Electronicstalk on 21 Sep 2001 at 8.00am (UK)
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The second part of the contract licences the customer to use the design on a royalty basis.
Although precise contract details cannot be disclosed due to the confidential nature of the project, based on projections for product deployment, the contract is valued at around $1.5 million over a five-year period.
Initial collaboration work commenced in the summer of 2001 when a PFT software evaluation licence was purchased, so that a better understanding of the new technology could be gained and its performance could be modelled in the early system design.
After US State Department approval, the two companies entered a detailed technical dialogue, which culminated in the contract being signed on the 4th February 2002.
This news comes on the back of RFEL's recent announcement of a British Government award to develop a tuneable version of the PFT and licensing deals with several other major companies.
John Summers, RFEL's VP Sales and Business Development, commented: "We are delighted to be working with another of the leading US defence companies.
This is yet another validation of our innovative technology that enables our customers to significantly enhance the performance of their designs in a number of major market areas.
Due to the unique capabilities of the PFT technology, we were also able to save on high-cost componentry, therefore saving real estate, power and cost.
We are extremely pleased that, as a UK, advanced technology company, we are successfully expanding and winning even more significant contracts in the current economic climate".
A spokesperson for the customer commented: "We are very excited to be introducing this new technology to our products.
The unique features of the PFT have enabled a very power efficient and compact design to be achieved, which will lead to both system performance enhancements and reduced silicon costs to the benefit of our end users.
We are obviously pleased to be sourcing the latest technology, in order to maintain our leading position in defence electronics".
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