C-COM Grants Stock Options to Officers
News related to:C-COM Satellite Systems Inc · 2 min read
C-COM Satellite Systems Inc., a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, has announced the issuance of stock options to its officers. The company, which is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF), has granted options to purchase 1,060,000 common shares of C-COM to its officers. These stock options were granted pursuant to the terms of the company's stock option plan and are exercisable at $0.86 per share, which is the closing price for the common shares on the TSX Venture Exchange on October 5, 2026.
The company has a long history of innovation and has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies. C-COM has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others.
The company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness. C-COM is in the final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. The Company has developed this unique multi-orbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations.
C-COM Satellite Systems Inc. is a pioneer and a leading global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The company has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness.
The company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF). The stock options grants are subject to necessary regulatory approvals.