Friday, August 3, 2018

MissionIRNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiary Receives $2M Supplemental Order from U.S. Defense Contractor


Diverse holdings company DPW Holdings (NYSE American: DPW) this morning announced that Microphase Corporation, a division of the company’s Coolisys Technologies, Inc. subsidiary, has secured a $2.0 million addition to its previously announced $2.1 million contract award from a first-tier U.S. government defense contractor. The supplemental order brings the total contract to $4.1 million and lengthens the term of the contract into early 2020. “We believe this significant supplemental order further 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/gnIof

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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