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ORFR Finra Deleted Symbol
http://otce.finra.org/DLDeletions
"shareholders of Orbit/FR, Inc. (ORFR) will receive $3.30/share in connection with the merger with Microwave Vision S.A. according to the terms and conditions of the merger agreement."
ORFR ~ Solutions for Aerospace & Defense
The MVG offers near-?eld, far-?eld and Compact Range technologies and expertise in tailoring Radome, Radar Cross Section (RCS), antenna and millimeter wave measurement solutions for airborne, shipborne, vehicular and other platforms.
http://www.microwavevision.com/panels/industries/aerospace-defense
ORFR ~ The New EME Spy 140
Real Time Monitoring and More with the New EME Spy 140
Responding to customers’ requests, we have recently enhanced the EME Spy 140 with real time visualization capabilities on an even clearer and more ergonomic interface.
Allowing you to visualize all the most useful information on a small screen, you can now bring your tablet or lightweight laptop PC on site and measure data for immediate analyse. The field levels for each frequency band are displayed as they are measured giving you the information you need when you need it. You can then export your findings with a click of a mouse to your EME SPY Analysis software for post processing and backup.
http://www.microwavevision.com/category/newsroom/products/real-time-monitoring-and-more-new-eme-spy-140
$4MM Generated in India and South Korea
http://ih.advfn.com/p.php?pid=nmona&article=50534447
About ORBIT/FR ~ ORFR
ORBIT/FR, Inc. (OTC Bulletin Board: ORFR) is a leading producer of automated microwave antenna test and measurement systems for the aerospace, defense, communications, automotive and satellite industries. ORBIT/FR specializes in the design and installation of full turn-key systems, positioning subsystems, test and measurement software, and RF instrumentation. Its wholly-owned subsidiary, Advanced ElectroMagnetics, Inc (AEMI), is a supplier of top-quality RF absorbers and anechoic test facilities. The companies are part of the Microwave Vision Group, which also includes SATIMO, the developer of innovative multi-probe arrays. Together, the companies can provide the widest range of measurement solutions including a comprehensive product portfolio and superior project management. For more information, please go to http://www.orbitfr.com.
ORFR Reports Significant Recent Orders
ORBIT/FR Reports Significant Recent Orders
HORSHAM, Pennsylvania, December 23, 2011 /PRNewswire/ --
ORBIT/FR, Inc. (OTC Bulletin Board: ORFR), a Microwave Vision Company (MVG) and a leading producer of automated microwave test and measurement systems for the aerospace, defense, communications, automotive and satellite industries announces significant recent orders totaling more than $10M.
The second half of 2011 showed a particularly strong demand for Orbit/FR's large near-field scanner systems in the European and Asian markets. With respect to 2010, the total awards for this product line more than doubled to $10.5M in 2011.
Two of these awards were In the European space industry, including a 9m (30ft) tall by 13m (43ft) wide vertical high speed scanner, and a second horizontal scanner with a scan area of 16m (53 ft) by 10m (33ft). A third large high speed scanner was sold to a European defense contractor. The combined value of these European awards with a smaller scanner is approximately $6.5M.
Three major awards for similar test systems, in India and South Korea, generated another $4M worth bookings.
http://ih.advfn.com/p.php?pid=nmona&article=50534447
From the PR today:
"Double-digit profitability in 2011
With strong financial performance and an offensive strategy, the group expects another year of growth and anticipates double-digit profitability in 2011."
That makes me warm all over...
JN
ORFR news...
The MICROWAVE VISION Group (NYSE-Euronext: ALMIC) Announces the Signing of a Contract for $2 M (1.45 MEUR) in Asia
This new Contract, From a Major Asian Industrial Client, Confirms the Strong International Recognition of the MICROWAVE VISION Group in the Aerospace and Defense Sector, Where 59% of its Sales are Generated
PARIS, December 2, 2010 /PRNewswire/ -- Innovative product line
The contracted system is dedicated to measuring antenna radiation characteristics as quickly as possible. It permits the measurement of very broad bands of frequencies, from 200 MHz to 18 GHz, in a single test.
The system is composed of a rotating mechanical arm and a 12 m diameter multi-probe arch, part of the latest generation of products from the MICROWAVE VISION Group. It combines the expertise of the American company ORBIT/FR and the French company SATIMO, who for the past two years have been operating under the same holding company, MICROWAVE VISION.
"The combined efforts of our engineering teams at ORBIT/FR and SATIMO have resulted in new product lines that leverage our total expertise. We are now able to propose innovative multi-probe solutions that meet current market demands for the Aerospace and Defense sector," explains Philippe Garreau, President of MICROWAVE VISION.
This new contract confirms the strategic vision of leveraging the complementary activities of the two companies. In effect, SATIMO, a telecom specialist, sought a more favorable position in the Aerospace and Defense sector with the 2008 integration of ORBIT/FR, Inc. (OTC Bulletin Board: ORFR). At the conclusion of 2010, the MICROWAVE VISION Group confirms confidence in its strength in the Telecommunications and Aerospace & Defense sectors, its two main markets. Accordingly, the Group anticipates an increase in this activity for 2011.
About MICROWAVE VISION:
MICROWAVE VISION (NYSE-Euronext: ALMIC) is one of the leading world producers of antenna test and measuring systems for the radiocommunication, automotive, defense, and aerospace fields. With the inclusion of the business activities of ORBIT/FR Inc. (OTC Bulletin Board: ORFR), an American company purchased in May 2008, the group is strengthening its position on its markets by offering the most innovative and comprehensive solutions available. The range of solutions offered combines high-precision electronic scanners developed by SATIMO INDUSTRIES using its "microwave vision" technology with ORBIT/FR products developed using high-performance positioner and electromechanical scanner technology. MICROWAVE VISION is present in 8 countries (France, Italy, Germany, Sweden, USA, Israel, China, and Japan) and has 240 employees. The group boasts a clientele of major international accounts. It recorded sales of EUR34.8m for its year ended December 31 2009. MICROWAVE VISION is OSEO certified "Innovative Enterprise."
Alternext, FR ISIN code 0004058949 http://www.microwavevision.com
Press Relations - C3M Agency - Tél: +33-1-47-34-01-15 - Michelle Amiard - michelle@agence-C3M.com
SOURCE The MICROWAVE VISION GROUP
ORBIT/FR Reports Significant New Orders for Q1 '09
May 21, 2009 9:00:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesHORSHAM, Pa., May 21 /PRNewswire-FirstCall/ -- ORBIT/FR, Inc. (OTC Bulletin Board: ORFR), a Microwave Vision Company, and a leading producer of automated microwave test and measurement systems for the aerospace, defense, communications, automotive and satellite industries, has recently been awarded a large defense contract as well as a significant order in Asia, totaling approximately $3.5M.
The large defense contract is to provide a series of high power illuminator systems for use in EW testing of vehicles in a large anechoic chamber. These illuminators include positioners, antennas, and amplifiers, as well as integration with an existing measurement system for automated control. The large order in Asia is for a turn-key compact range based antenna measurement system featuring an eight-foot in diameter and eight-foot long test zone that is capable of automated measurements of a wide range of antennas.
"These awards highlight ORBIT/FR's capabilities in providing solutions in a variety of technology areas," said Per Iversen, CEO of ORBIT/FR.
SOURCE ORBIT/FR, Inc.
----------------------------------------------
Stephanie Paey of ORBIT/FR
Inc.
+1-215-674-5100
stephp@orbitfr.com
SATIMO Agrees to Purchase Controlling Shares of ORBIT/FR
Thursday, March 13 2008 8:01 AM, EST PR Newswire "US Press Releases "
HORSHAM, Pa ., March 13 /PRNewswire-FirstCall/ -- ORBIT/FR, Inc. (OTC Bulletin Board: ORFR), a leading producer of sophisticated, automated microwave test and measurement systems for the aerospace, defense, wireless communication, automotive and satellite industries, announced today that Orbit-Alchut Technologies, Ltd. (public on TASE) the controlling shareholder of ORBIT/FR, Inc. and SATIMO (listed on ALTERNEXT: ALSAT) have entered into a definitive Stock Purchase Agreement.
Pursuant to the Stock Purchase Agreement, SATIMO will pay Orbit-Alchut Technologies, Ltd. approximately $17.2 million for its 3,700,000 shares of ORBIT/FR stock (61.6% of issued and outstanding shares) making SATIMO the majority stockholder of ORBIT/FR. This transaction is subject to customary conditions (including regulatory approval).
Israel Adan, President and CEO of ORBIT/FR said: "ORBIT/FR, SATIMO and our hundreds of customers worldwide will benefit from this transaction. Our complementary technologies, electronic probe array and precision electromechanical systems, will enable us to develop better, faster and more accurate solutions for our customers in all segments of our operation: cellular, satellites, automotive, aerospace and defense." "Broader portfolio together with combined geographical footprint of over 200 employees in 11 offices in 3 continents will strengthen our leading position in the industry," added Mr. Adan.
Except for historical information, the matters discussed in this news release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the current intent, belief or expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements, including those regarding the ability to obtain and perform new contracts, obligations by the Company or its customers, satisfy customer needs and successful implementation of the Company's technology, involve a number of risks and uncertainties that could materially affect actual results. Such risks and uncertainties are identified in the Company's reports and registration statements filed with the Securities and Exchange Commission , including its Annual Report on Form 10-K for the year ended December 31, 2006 and Forms 10-Q.
SOURCE ORBIT/FR, Inc.
Stock price has been rising. I own over 80,l00 shares now, and I think it's undiscovered. Anyone close to this company?
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ORBIT/FR, Inc.
506 Prudential Rd.,
Horsham, PA 19044 USA
Phone: (215) 674-5100
http://www.orbitfr.com/usa
ORBIT/FR's story began in 1980 when noted antenna engineer Richard Flam created Flam & Russell, Inc (FR). FR originated as an engineering firm providing solutions and services to the defense and commercial markets. As the company grew, it became a pioneer of antenna and RCS measurement techniques. FR's accomplishments include creating the first network analyzer-based RCS system in 1984, delivering the first PC-based FR944 manual pattern recorder in 1986, and expanding their product line to include the FR959 fully-automated measurement suite. Over the years, FR engineers contributed to the advancement of technology in the areas of commercial aviation, space and medical equipment.
In 1985, Orbit Advanced Technologies, Inc was formed to focus on the design and development of high performance positioning subsystems and components.
In the mid-90's, FR and Orbit Advanced Technolgoies merged to form ORBIT/FR, headquartered in Horsham, PA. At this time, the company became publicly traded on the NASDAQ stock exchange (ORFR). Three additional subsidiaries were created: ORBIT/FR Engineering, Ltd, ORBIT/FR-Europe GmbH, and Advanced ElectroMagnetics (AEMI).
In March 2008, the Microwave Vision Group (MVG) was formed after Satimo's acquisition of the majority stock ownership of ORBIT/FR. We have combined our strengths and our unique portfolios in order to provide our customers with the widest and most comprehensive line of products and solutions available.
ORBIT/FR provides our customers with flexible and reliable solutions for their complex microwave test and measurement needs. We focus our efforts and resources on developing state-of-the-art microwave test and measurement systems and products that incorporate specialized technologies and expertise.
Our customers have a need for microwave test and measurement systems and products but often do not have the in-house capabilities to develop, or the desire to develop, such systems and products themselves.
ORBIT/FR's systems and products provide customers with cost-effective and user-friendly solutions to their microwave test and measurement needs, thus allowing them to remain focused on their core competencies.
We offer a wide range of standard and custom microwave test and measurement solutions for specialized aerospace/defense-related testing, cellular/PCS handset testing, cellular base station testing, satellite testing and automotive testing.
Our products include test and measurement software, microwave receivers, positioner subsystems and controllers, as well as other microwave products and a full line of RF absorbing materials, all of which are typically incorporated into our systems.
Our engineers and technical staff use their broad expertise to assess and understand their customers' specific microwave test and measurement needs, process orders quickly, keep delivery time to a minimum, provide comprehensive customer support and release new software on a regular basis.
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