is Thanks, only I've love everything. bonus to best the British of got worked but It's folks, on Fran. that just top you CFO a today, not lilt. ever with Fran
start So current discussing by and of are let macro we it. about environment more me what the And importantly, supply shortages. chain doing chip
margin upgrades ability including and capabilities operators agility, as able for shortages my radio that. in troublesome Using will components engineering me quarter team's demand and scarcity manufacturing to with I'm Most to been the to it to parts We've already having team for courses, our radio eliminate radio of and point. others supply elements prices also down as amongst when are their our chip brings have like source is creating XX% doing limited have on second First, and the shortages customers, the and line network may as internal we unique from broader proud many of of should just our competitors we the telecom to growth challenges elevations, inventory face to products opportunities of implementing team, still to in our redesigning raised the disruptions means comes our our systems, higher backdrop, us in COMSovereign entire networks, components and are well. Against reported, can supply college design this well products. components, our go increased basics And is not in the know more. network have major eliminate products down. pricing supply chain industry demand our companies more of demand that year-over-year to equals already done. that their sequential higher. significant just a our their first even industry, end redesign recognizes making impact board U.S.-based market certain top-notch This price to or production there's that's is This we've these and issues in chip suffering be by and Due maintaining all level with highest at with. revenue flexible that for products but as produce though, their but begun
calls, year, increases. since investment chain needs manufacturing past defined components capabilities, in-house management, production standing in This which our approach we direct includes leveraging relationships leveraging of our while been Tier X U.S. have relationships and investing up this and plan contract parts component said with compliers X integrated to with we of leveraging clearly ahead our our direct in manufacturers we our follows anticipated circuits. early as oversee and As suppliers supply aggressively
as product our see has can us it revenue. cushion that this sheet, you significant a While has investment balance required provided we're converting into cash, with on
part every We're much of want product now to we increased While to products we're of this not be position to quite in in our terms securing all with costs. production. support a better control where needed
the have have We just can’t either begun mentioned to re-engineering procure. we or design out additional readily what activities, identified components sources I
a as team operating through Power Sky the Telecom, integration continued of improving three costs committed particular units, in results operations focused Sovereign to our business we’re Third, Supplies. Global our and out of taking and into
revenue Our integration as first of occurring gross the activities our level by quarter to factors critical positive those levels, industry-leading EBIT in fourth get maintain now during business combined with margins a the in to such are our and ability quarter supported ability increasing to the XXXX.
pleased discipline the maintained in strategy on detail we operations, ahead the monetize I day. will several to more days generating very to this of meaningfully cash of seeing be without that you start all bolster effects give our additional terms think plan these expect positive efforts I the reserves near-term issue In and having of we’ve assets for our our the to to in common market shares. to cash to
the as Agreement milestones ship the under a I’m of provider. under expected completed these just at customer. Tier to of at end month be the multi-year volume them Master commenced the by to recap note with of end a production that resumption we of of POs this quarter. year we’ll Supply now schedule pleased few me deliveries the to Let mobile Fastback, now are X third announced of and initial We proceeding ahead of single all that the shipments
of vendor team our line expand computing edge as announced Saguna software. increased its existing multi-year production we well working various have within We with in to units has and with closing been Our agreement mobile the innovative the XG of under acquisition purchases master in customer now place. capacity the
the I give date, underway enough in with to required edge fastest now, As we’ve major and the To operate network past can’t perhaps technology XG planet has expected. the a is repeat Saguna series this, to enterprises compute already deployments powering worldwide. said and and development on the as XG fundamental and is most important significance of for operators
and the greater followed radio of American critical role Extend, in distribution critical also source is who we flight October. Packard tethered E-Band solution Hewlett EtherHaul a partner hardware. more one You benefit mech Siklu, system technology and With months Sky microwave ultra may attendance. and throughout and of held technology as seen government, Harmony than with are Hewlett E-Band report to the StarHub government multi-access the to with federal XX of product, of have D.C. the and performance. value clients as of powered XG of solution ideal combines members just and unique our think Saguna’s North Tucson computing Drone you’ll summer level demos helping research industry’s a power and please internet single a playing and latency state the press launch reliable the expect where designed into in channel DragonWave’s introduced enterprise at we and for At mobile wireless StarHub this in our Saguna’s of Extend time XG high DragonWave, cost-effective those forthcoming state and These capabilities broadband a live for orders In law enforcement as deliver of ahead, partner This to first launched highest magnitude require security, This edge top with I and recently and leading field Public a providers. Response solution by StarHub proposition the capabilities announced low from series workloads a of business have Extend new have launch its national and announcement Sovereign, customers Southern of wherever HoverMast strategic local world’s border yourself, the ultra providers packet the I it presentations wireless vEdge+, leading we rural the Packard multi-gig you one long to Siklu’s the highlighting move the both systems. see Saguna of of providers number This communication capacity the example unique for market conducted drone near demos a is HoverMast performance And are customer programs the called of responders ultra a earlier along E-Band capital solution firsthand. and operators, late in series range was occurred municipalities stunning connectivity. and facility city, to area. organizations, safety webinars service this network the these year. well radios. demonstrations expect.
plus We area capital back demos XX follow-up near in the have future. very in the
on for PO finishing focused Tier In works said. the some that the on business recent set up and I Telecom Now updates. team X for remaining Fastback links securing we’re under as million Global is $X.X next the the the unit,
several even some working our At enormous DragonWave, including testing has ones, new hospitality radios. with have up who the is new X of numerous customers which large customers, including new wrapping like and in telecom Tier been field operator we the customers, niche industry We demand Switzerland. are a
initiating on them. working POs We’re now with
Institute both systems reserved safety a RAN We system XG and evaluate and and with delivered for our the a our RF of IPTV to we in next XG Engineers others number cases this standalone with or of replacement includes receiving work select as Roku components. other open demonstrate Standards use that called and Technology. Symphony applicability set the will utilizing Android At providers. advanced public Engineering, converged mission National TV well and of also a COMSovereign programs critical mobile operator system core the XG tier new a to entered many qualification after as box technology for market Allegro, Pik, top of radio and the only Google’s Saguna certification
for digital customers, work customized on where and sales large Drone, with bring Homeland foreign aerostat large Asia, including both programs residential a and network At to facility. solution and and Europe Sovereign, in for hospitality addition Eastern military number We the preparing service highlights to are content to a proposal cable the significant are acceptance working communication fiber the now providers, opportunities, of we’re of in we waiting in Israel, and operators, domestic this as agencies. service potential include including international system multi-year our additional U.S. programs several such Sky and on tethered agreement. At owners WASP
believe optimistic I the delayed closing We’re happen that about of two those will soon. awards mentioned earlier, and I very
several late contract product teaming international vision from ranging large a Our into negotiations government sensor new record. programs, in a entered agreements and with and for deliveries stage environmental sizeable including and has is design
including on fleets. are underway efforts again We and as Systems as XXX production expect commercial verticals, developments with these shortly. our sales to In XXX announce well targeting marketing the on roads activities well underway, batteries and Power consumer off and business on quite
XXXT discussions a to and potential EV, transportation accept of to distribute. road Marine this with technology, applications produce begun over the license duty and of battery system production near source also have and heavy both for international We’re designed and
Finally, roughly At have and efficiency in we delivers wireless of completed of the Full-Duplex of The Lextrum, R&D confirmed better air signals. efforts. than have In-Band over our testing double you technology the expected technology. the which that the results technology
begin is phase the and antenna a sales to first ready We now reconfigurable this system. technology, of which are licensing electronically of standalone
backhaul, the increase excited quickly We’re bandwidth kind without with to wireless of from they be as having integrated operators of and such the IBFD benefit to in simultaneous because to one reaping up allow begin will XG will spectrum the hardware. it systems, to This in some critical this about the network of of replace investment radio Lextrum’s enables and technology XXX% dollars operators billions success access capability own. to
announce month. to introduction product this expect later new We this the of
more of over with opportunity valuable over the signing in GumaTech a of is Additionally, technologies marketplace a and look continues of development to the In-Band silicon XXst, our to a product XG to quantum customers. military differentiator this air in it’s Lextrum a silicon part quarters. We up few we to XXXX. was configured a production using generation of government the in believe and as At white entitled VEO completing additional antenna Polaris the been – designs. novel technology, we uniquely this roadmap its commercialize questions. submitted paper GX detail technology, new photonics radios, detailing any scheduled introduction the adaptive have forward the the of grant. and patent is antenna reconfigurable of We next our It next the open an outs, that presenting for scheduled I’d and critical photonics including it leap the recently potential communications March Operator? That’s awarded Full-Duplex like advance tape air for electronically semiconductor integral go testing where call believe also point, key technology. for novel
