Undersea Cable Communications Systems
TAMPA, Fla.--(BUSINESS WIRE)--Feb. 6, 2018--
Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc.
(Nasdaq/GM: SYPR), announced today that it has recently received
contract awards to manufacture a variety of mission-critical electronic
assemblies for a number of global undersea communication projects. The
name of the customer and the terms of the agreements were not disclosed.
The awards are for the production of a variety of electronic assemblies
used in undersea cable transmitters. These transmitters deploy advanced
reconfigurable optical add-drop multiplexing technology, which is
essential for the optimization and efficiency of today’s high-capacity,
transoceanic cable systems. Production will begin in 2018.
“The subsea electronics market is a great strategic fit for our
high-reliability business focus,” said Jim Long, Vice President &
General Manager of Sypris Electronics. “Our customer is a leader in
undersea telecom installations, and we are committed to supporting it on
these projects. We are honored to have this opportunity to expand our
relationship with these recent orders.”
Sypris Electronics is a trusted provider of electronic solutions,
addressing customers’ needs for building complex, mission-critical
electronic and electro-mechanical devices and integrated systems. Backed
by 50 years of experience, Sypris’ engineering and manufacturing
services span our customers’ product life cycle all within a culture of
continuous improvement and Six Sigma/Lean thinking. Partners from
multiple agencies and tier one companies in Military (DoD), Space,
Medical, Civil Avionics, Telecom, and Industrial markets team with
Sypris to deliver high-reliability electronics built with strict
adherence to regulated requirements. For more information, please visit www.sypriselectronics.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180206006119/en/
Source: Sypris Electronics, LLC
Sypris Electronics, LLC
Lawrence J. Bernicky, 813-972-6040
Vice
President of Finance