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MB Tech establishes company for antenna business

Posted: 23 Aug 2004 ?? ?Print Version ?Bookmark and Share

Keywords:mb tech? faserware? antennae? auto positioning flat antenna? phased array antenna?

MB Tech Inc. has established a new company, Faserware Inc., a spun off from the company's former R&D center in Dongseoul College, Seongnam City, South Korea. The new company will be specializing in the antenna sector of MB Tech's business to develop, manufacture and sell antenna-related products, such as the auto positioning flat antennas, phased array antennas and motion tracking antennas.

The satellite antenna products industry is fast growing and Faserware is expecting to record sales of nearly $30 million in retail sales just from the initial product offering of the portable auto positioning flat antenna alone. Besides the antenna business, Faserware will function as an R&D center for MB Tech as well.

MB Tech is a manufacturer and distributor of electronic components. The company and its subsidiaries produce units for the DBS satellite industry and advanced RF microwave and communications technologies with consumer and military applications.

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