The Federal Aviation Administration has approved
Digital Angel Corp.'s new satellite radio transceiver, the company
The CommPoint 3 Satcom Data Terminal can track a wide variety of
international commercial, military aircraft and ground vehicles in
any weather condition, even when traditional communication modes are
disrupted, according to a press release.
The CommPoint 3, made
by Digital Angel's OuterLink subsidiary, is smaller, lighter and
easier to install than its predecessor, the company said.
"The FAA regulatory approval allows us to offer this product to
both international commercial and military customers and utilizes
advanced components to track vital equipment in locations and
circumstances such as heavy storms or where aircraft are untrackable
by radar," Digital Angel CEO Kevin McGrath said in a statement.
"Because we will be able to address the international and
military market, this new product has the potential to drive revenue
increases which could be many times OuterLink's existing revenue
base," McGrath said.
OuterLink, based in Lowell, Mass., provides satellite-based
mobile asset tracking and data-messaging systems.
South St. Paul-based Digital Angel (AMEX: DOC - News) makes animal
identification and tracking systems. The company's shares were up 11
cents, or 3.1 percent, to $3.70 in trading Thursday morning.
Published August 11, 2005 by The Business Journal