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Vislink Debuts Aero5 at APSCON 2025 — The Most Advanced Air-to-Ground 5G Live Video Solution for Public Safety
Globenewswire· 2025-07-15 14:23
Core Insights - Vislink Technologies, Inc. has launched the Aero5 live video transmission system, which is touted as the world's fastest and most powerful 5G bonded cellular airborne video transmitter, aimed at enhancing real-time video intelligence for air-to-ground missions [1][4] Product Features - Aero5 is designed for law enforcement, public safety, and broadcast applications, delivering low-latency 4K UHD video from various airborne platforms to command centers and field teams [2] - The system supports up to eight bonded 5G modems and can integrate with Starlink and other Low Earth Orbit (LEO) satellites for uninterrupted transmission, even in rural areas [2] - Integrated with Vislink's LinkMatrix platform, Aero5 allows users to monitor and control live feeds through a single web interface, featuring real-time stream switching and AES encryption [3] Operational Capabilities - Aero5 supports hybrid deployments with Vislink's COFDM-based AeroLink transmitter, enabling both line-of-sight and beyond-line-of-sight operations [4] - The system is positioned as a powerful tool for public safety teams, enhancing real-time situational awareness and rapid response capabilities [4] Event Participation - Live demonstrations of Aero5 and other Airborne Video Downlink Systems will be showcased at APSCON 2025, highlighting the company's commitment to providing scalable, high-throughput video solutions for mission-critical operations [5] Company Background - Vislink Technologies has over 50 years of experience in live video communications, focusing on delivering high-quality video even in challenging conditions, serving broadcasters, defense, and public safety agencies [6]
Vislink Reports Fourth Quarter and Full Year 2024 Financial and Operational Results
GlobeNewswire News Room· 2025-05-02 12:00
Core Insights - Vislink Technologies, Inc. reported a modest revenue growth for the full year 2024, with total revenue reaching $27.7 million, compared to $27.5 million in 2023 [4][18] - The company experienced a net loss attributable to common shareholders of $(20.5) million, or $(8.35) per share, which is a significant increase from a net loss of $(9.1) million, or $(3.83) per share in 2023 [4][19] - The gross margin for the year was reported at 25%, with an adjusted gross margin of 49.7% when excluding one-time inventory write-offs and impairments, compared to 51% in 2023 [4][18] Fourth Quarter Highlights - Revenue for the fourth quarter was $3.4 million, a decrease from $7.1 million in the prior quarter, primarily due to a decline in the live production business and project delays [7] - The gross margin for the fourth quarter was -1%, with an adjusted gross margin of 8.8% when excluding one-time inventory write-offs and impairments, compared to 51% in the prior quarter [7] - The company reported an EBITDA of $(19.8) million for the fourth quarter, compared to $(9.0) million in the same quarter of 2023 [7][9] Strategic Developments - Vislink secured multimillion-dollar orders for airborne video downlink systems and initiated product shipments for emerging drone applications, indicating strong momentum in the MilGov business [4][6] - The company established a global service platform, generating over $900,000 in recurring revenue through strategic Service Level Agreements, which supports its transition to a service-driven business model [4][6] - A comprehensive restructuring plan, including the implementation of a new ERP system, is expected to yield operational cost savings of approximately $10 million annually [4][6] Product Innovations - Vislink launched several new products, including the Aero5 5G HEVC 4K UHD Airborne Downlink System and the DragonFly V 5G miniature transmitter, aimed at enhancing live production capabilities [4] - The company received recognition for its innovative projects, including the 'Best Innovation Project' award at the Broadcast Tech Innovation Awards 2024 for its collaboration in delivering a VR experience for the Abu Dhabi Autonomous Racing League [4] Financial Position - As of December 31, 2024, cash and short-term investments totaled $6.5 million, down from $9.2 million at the end of the third quarter [7] - Total assets decreased to $26.2 million from $45.0 million in 2023, reflecting a significant reduction in current assets [15][17] - The company's total liabilities increased to $9.0 million from $8.0 million in 2023, with current liabilities rising to $8.3 million [15][17]
Vislink Wins TV Tech NAB Best of Show Award for World's Smallest Cellular Bonding Transmitter, DragonFly V 5G
Newsfilter· 2025-04-16 21:03
Core Insights - Vislink Technologies, Inc. announced that its DragonFly V 5G miniature wireless video camera transmitter won the TV Tech Best of Show Award at NAB 2025, highlighting its leadership in high-quality live video technology [1][3] Company Overview - Vislink Technologies is a global leader in capturing, delivering, and managing high-quality live video and associated data, with over 50 years of experience in video communications [8] - The company specializes in providing live streaming solutions using RF, bonded cellular, 5G, and AI-driven technologies, enabling seamless and secure live video sharing for broadcasters, defense, and public safety agencies [8] Product Features - The DragonFly V 5G is designed for immersive, on-the-move live productions, featuring an ultra-compact design and advanced HD video transmission capabilities over 5G [2][4] - It is recognized as the world's smallest cellular bonding transmitter, ideal for challenging environments, and supports applications in sports broadcasting, news coverage, and public safety [2][7] - Key features include ultra-compact and lightweight design, 5G and Wi-Fi support, HEVC video encoding for efficient streaming, remote configuration via LinkMatrix, and a durable build for demanding conditions [9] Strategic Partnerships - Vislink has partnered with Ericsson to join its Enterprise Wireless Solutions Industry 4.0 Partner Program, aiming to drive innovation in private 5G networks for live video transmission [5]