Vislink Technologies, Inc. (NASDAQ:VISL) announces that the Company has received $3 million in new orders in its live production, military-government and satcom markets. The new orders represent part of an order backlog that currently stands at approximately $13 million, which represents a 42% year-over-year increase.
The live production orders were received from clients operating in the broadcast, sports and entertainment sectors, primarily for wireless camera systems and related components. The military- government orders were for transmitter and receiver components for use by the US Navy and the US Army (which is above and beyond the $2.8 million order previously announced in July 2019), and airborne downlink systems equipment from a law enforcement agency. The satcom equipment orders were received from international customers.