Free for publication on January 18, 2018 at 12.30pm (CET +1)
New branch office established in Mexico will support customers in Mexico and Latin America
Oulu, Finland, January 18, 2018 – Bittium has received the first orders from Mexican government authorities for mobile devices developed for a satellite communication system. The mobile devices have been developed in a product development project that started in the year 2015. The product development phase has been successfully concluded and the devices are now in volume production. The total value of the first orders is approximately 2 million euros and the devices will be delivered to the customers by the end of the first quarter of 2018. The mobile devices are manufactured in Finland.
Bittium has opened a branch office in Mexico to enable high quality customer support for the local customers, and to contribute to sales and marketing in Mexico and other Latin American countries. Mr. Fernando Castillo has been appointed as the General Manager of the branch office in Mexico. Mr. Castillo has long experience from the Mexican authorities market.
“These first volume orders for the new mobile devices are continuation to a successful product development phase and good cooperation with the Mexican authorities. These are the most advanced hybrid devices in the world developed for a satellite communication system, which can be used for communication in both the satellite and terrestrial networks. In addition to high quality products, we want to offer our customers in Mexico high quality support and local services. Our presence in Mexico will also give us better visibility to the whole Latin American market”, says Mr. Hannu Huttunen, CEO of Bittium.
In addition to the branch office in Mexico, Bittium has sales and customer support activities in the United Kingdom, Singapore and USA. Bittium currently employs altogether over 600 employees worldwide.
Senior Vice President, Defense & Security
Tel. +358 40 344 3507
Bittium is a trusted Finnish company with over 30 years of experience in advanced radio communication technologies and biosignal processing. For Defense & Security market Bittium provides the most modern products and solutions for tactical & secure communications. The products and solutions for tactical communications bring broadband data and voice to all troops across the battlefield. For secure communications Bittium offers proven mobile devices and cyber security solutions certified up to CONFIDENTIAL level. Bittium’s net sales in 2016 was EUR 64.2 million and operating profit was EUR 2.5 million. Bittium is listed on Nasdaq Helsinki. www.bittium.com