ORLANDO, Fla. – February 29, 2016 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced a definitive agreement providing for the Company to be acquired by an affiliate of private equity firm J. F. Lehman & Company (“JFLCO”), which specializes in the aerospace, maritime and defense industries.
Under the terms of the agreement, a newly formed affiliate of JFLCO will acquire all of the outstanding shares of API Technologies common stock for $2.00 per share in cash in a merger transaction. The cash consideration represents a premium of approximately 98% to API’s closing share price on February 26, 2016 and a 74% premium to its weighted average trading price over the trailing 30 days. The transaction is expected to close in the second fiscal quarter of 2016.
Compact device supports mission safety and success in the field of operation
Orlando, FL – September 30, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for high-reliability applications, now offers a Night Vision Device (NVD) test set that helps military personnel determine the quality of function of standard Gen II and Gen III night vision devices.
Designed to test goggles, weapon sights, and drivers’ viewers, API’s NVD test set (#A3139775 / NSN 6625-01-323-9584 / TS-4348/UV) can be used in the field offering soldiers a “go” or “no-go” response to ensure that GEN II and GEN III night vision devices are working per specifications.
Amplifiers, Microelectronics, Filters, Active and Passive Components, Integrated Microwave Assemblies, and System-Level-Ready Solutions to be Showcased
Orlando, FL May 23, 2014 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a leading provider of high performance RF/microwave, power and security solutions for critical and high-reliability applications, will showcase a wide variety of the company’s latest high reliability, engineer-friendly products during the 2014 IEEE MTT-S International Microwave Symposium (IMS 2014). API will be in Booth 1515 during the exhibition, which takes place June 3-5 at the Tampa Convention Center in Tampa, Florida.
ORLANDO, Fla – December 12, 2013 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today the first in a new series of broadband synthesizers ideally suited for military requirements and high-end commercial applications such as microwave receivers, microwave telemetry systems, uplink communication platforms, instrumentation, and military communication systems. The new 2-18 GHz broadband synthesizer features a wideband design with low phase noise and excellent broadband performance, and is packaged in a hermetic, laser-welded housing.
Active Antenna Array Unit (AAAU) for AESA Radar and Tactical Power Supply Among Featured Products
ORLANDO, Fla. — October 3, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and –high-reliability applications, announced today it is presenting innovative solutions from its RF/Microwave and Microelectronics, Electromagnetic Integrated Solutions (EIS), Power, and Security Systems & Information Assurance (SSIA) lines at the 2013 AUSA Annual Meeting and Exhibition in Washington, D.C., October 21-23, 2013, at Booth #7743.
Join API in our fourth consecutive year at the Association of the United States Army's Annual Meeting and Exhibition. Held every October in Washington, D.C., the AUSA Annual Meeting is the largest landpower exposition and professional development forum in North America. The Annual Meeting consists of informative presentations, panel discussions on pertinent military and national security subjects, workshops and important AUSA business meetings.
ORLANDO, FL — April 30, 2012 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today that it has developed an intelligent power distribution unit (PDU) for an unmanned aircraft system (UAS). This new PDU was designed and is being manufactured by API’s Spectrum Power product line and will be used in a Department of Defense (DoD) project.
The A790 is the newest ultra-rugged model of the API Rugged Notebook
family, designed and built to survive the harshest environments.
Reliable and efficient operation is provided by a high performance
12.1" or 14.1" TFT sunlight-readable LCD, a shock-mounted hard drive,
and a wide range of ambient temperature features. This extremely rugged
model not only meets MIL-STD-810F and IP54 but also satisfies critical
EMI requirements. The A790 possesses extreme versatility and
expandability, offering multi-bays for maximum flexibility and
ORLANDO, FL and GLOUCESTER, England — February 21, 2012 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today that its Hawki™ Video Aiming Device was named a Finalist in the Improvised Explosive Disposal Devices (IEDD) Category at the CTSS Awards 2012. The CTSS Awards Gala takes place during the Counter Terror Expo 2012 on April 25th in London.
“We are excited to be nominated alongside organizations such as Northrop Grumman, FLIR, and Land Rover – as well as many other companies who are helping keep our world safe with advanced counter terrorism technologies,” said Bel Lazar, President and Chief Operating Office, API Technologies.
The CF-19 Rugged Notebook/Tablet, based on the latest CF-19
TOUGHBOOK® from Panasonic, incorporates the latest Intel® Centrino®
Duo Mobile Technology, which offers enhanced WLAN communication and
improved power efficient performance.
The CF-19 is reliable, durable and extremely lightweight at just
2.25kg. It has an extremely robust and dust-proof two-dimensional hinge;
its hard disk drive is enclosed in a newly developed damper that sits
inside an aluminium case - providing outstanding shock absorption
according to strict military vibration and gravity drop resistance
standards (MIL-STD 810F).
The CF-19 which measures 1.9 inches thick comes with a 10.4-inch XGA
touch-screen in both regular or Tablet PC format, a 1.06GHz U2400 Core
Duo processor, 80GB HDD, 512MB of RAM (with room for a handy 4GB total),
EV-DO or HSDPA WWAN, Bluetooth 2.0, a/b/g WiFi and an optional GPS and
Intel Core Duo Mobile Processor ULV U2400 (1.06 GHz, 2MB Cache)
10.4" 1280x768 Anti-Reflective TFT with Touchscreen