Diversified holding company DPW Holdings, Inc. (NYSE
American: DPW) this morning announced that Microphase Corporation, a
majority-owned subsidiary of Coolisys Technologies, Inc., a part of DPW
Holdings’ diversified portfolio, secured a $2.1 million contract award from a
first-tier U.S. government defense contractor to supply its sophisticated
communications filters to be used in combat warfare system components. Since
October 2015, Microphase has supplied earlier versions of the component to this
defense contractor. Shipment of the component is anticipated to begin in late
2018 or early 2019. “We are committed to our customers and believe this
significant, multi-year follow-on order illustrates our customers’ confidence
in our ability to meet their needs. Microphase’s innovative radio frequency
(RF), microwave and millimeter-wave technology solutions and products enable
our customers to achieve higher performance and reliability at a reduced cost,”
Microphase general manager Rock Martel stated in the news release.
To view the full press release, visit http://ibn.fm/6jwAY
About DPW Holdings, Inc.
Headquartered in Newport Beach, California, DPW Holdings,
Inc. is a diversified holding company pursuing a growth strategy of acquiring
undervalued assets and disruptive technologies with a global impact. The
company invests in diverse industries within the commercial, defense/aerospace,
industrial, communication, medical, crypto-mining, hospitality, textile and
corporate investment/lending sectors. DPW has evolved and grown from being a
leader in advanced power products. Through its subsidiaries, the company
continues to be a leader and supplier of innovative technologies, advanced
design and development services, and state-of-the-art power products and
solutions. For more information, visit the company’s website at www.DPWHoldings.com
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