GINV.L Share News (GINV)

(ShareCast News) - Satellite communications equipment provider Global Invacom Group announced on Wednesday that it has received approval for the supply of its new generation of low noise block products from its largest customer, an unnamed leading satellite equipment provider in the US.The AIM and Singapore-traded firm received formal approval from the customer for the Eastern Arc Twin Generation 2 Hybrid, which uses digital channel stacking technology.It said the EA Twin GenII is used within a 16-tuner system, which enables a simpler installation with less cabling than other systems.Global Invacom is one of two suppliers for the product to the customer."The approval marks a significant achievement for the group which has reported on its continued investment in the new generation LNB since 2014 and confirms Global Invacom as a leading supplier of the latest Sat Comms technology," the board said in a statement."The group expects to deploy the DCSS technology across its range of new LNBs, benefiting those currently in design or awaiting approval, for other customers and territories."