Tessera Defense and Homeland Security Inc. (NYSE: HLSQ), today announced that its subsidiary, Zorronet Ltd., has received an additional order from a major Israeli defense organization for third-party antenna systems to be integrated with the Zorronet system previously purchased by the customer. The new order forms part of a pilot project that will enable operators to communicate with and control autonomous aerial and ground systems over extended distances.
This combination of hardware and software is designed to maintain reliable communications, real-time visibility, and the ability to control when platforms are deployed far from their operators, including in challenging field conditions.
This is Zorronet's first pilot combining extended-range antennas with its autonomous system in a complete solution that integrates communications, processing and control. The additional purchase by an existing customer demonstrates the potential for Zorronet to expand its commercial relationships by supplying complementary third-party hardware integrated with its existing technology.
The deal will also enable Zorronet to demonstrate its hardware integration capabilities in an operational setting, and could lead to additional projects involving autonomous systems, distributed operations and extended-range command and control.
HLSQ shares inched higher 0.004 cents, or 2.6%, to 18 cents.
