Congratulations to C-Com Satellite Systems Inc.(V.CMI) for being a 2016 CIX Top 20!
The Canadian Innovation Exchange (CIX) Top 20 program is Canada’s largest national showcase of the hottest and most innovative tech companies. Hundreds of applications are submitted each year from across Canada and the CIX Selection Committee evaluates and selects 20 based on criteria including Business Model, Quality of Product and Service Offering, Market Opportunity and Depth of Management.
We sat down with Drew Klein | Director – International Business Development at C-Com Satellite Systems Inc. and asked him a few questions;
Why should a technology investor be excited about C-Com Satelite Systems Inc.?
- Market Pioneer
- Strong CAGR for the sector
- Company is Debt Free
- Strong Working Capital Position
- Dividend paying
- Innovating to make the next generation antenna which has the possibility to be a complete game changer
What were your most significant operational accomplishments of 2016?
We fought! The market has undergone consolidation and major headwinds. A lot of our competition has suffered and we remain very strong financially and we continue to innovate.
What are the next big corporate milestones that you hope to achieve in 2017 and beyond?
Release our COTM (Comm-on-the-Move) product. Release progress for our Flat Panel Phased Array systems. Continue to push our COTP (Comm-on-the-Pause) product throughout the world.
When you look at Technology overall, where do you see, or where do you expect to see, the most meaningful innovation occurring?
The mobile satellite antenna that C-COM is developing will be a massively disruptive solution for the estimated $14B industry (2025). Expansion of bandwidth available by satellite will serve to further our expanding product line. Our current solution is considered the most robust, advanced and price/performance product in the marketplace.
Meet C-Com Satellite Systems Inc. at Public Investor Day – November 23, 2016 at MaRS Discover District; a half day event which showcases Canada’s most innovative small and mid-market public tech companies to a room full of North American investment professionals.