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C-COM Reports Second Quarter 2025 Results
Newsfile· 2025-07-16 12:00
Core Insights - C-COM Satellite Systems Inc. reported a decline in Q2 2025 sales to $1.6 million, which is $1.0 million lower than the same period last year, impacted by U.S. tariffs and competition from SpaceX [2] - The gross margin for Q2 2025 improved to 55%, recovering from a low of 44% in Q1 [2] - The company experienced a net loss of $90,860 despite reducing total expenses by $0.3 million year over year [3] Company Developments - Increased global military investment is expected to enhance sales prospects, with rising inquiries and orders from military customers [3] - C-COM plans to showcase its rugged antenna systems at the MSPO trade show in Poland, targeting military applications [4] - The company is on track to complete testing and manufacturing of its Ka-band ESA multi-orbit antennas by the end of Q4 [4] Product Innovations - C-COM is finalizing the development of a Ka-band electronically steerable antenna aimed at providing low-cost, high-throughput mobility applications across various satellite constellations [8] - The company is also developing an Analog Beamforming Integrated Circuit, which is currently in the testing phase, intended to reduce costs and improve performance of ESA antennas [8] Market Position - C-COM has sold over 11,000 antenna systems in more than 100 countries, serving diverse markets including military communications, disaster management, and telemedicine [7] - The company's iNetVu® brand is recognized for high quality, reliability, and cost-effectiveness in satellite communication solutions [7]