RF Solutions

API Technologies Announces Definitive Agreement for Acquisition by Affiliate of J. F. Lehman & Co.

Shareholders to Receive $2.00 per Share in Cash

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.

89 Medium Power Fixed Coaxial Attenuator (2.92mm, 20 W, DC-40 GHz)

Medium Power Fixed Coaxial Attenuator

Features: 
  • Compact Construction - Lowest size/power ratio
  • Precision injection molded connector dielectric.
  • Designed to meet environmental requirements of MIL-A-3933.
  • Flat Response.

86 High Power Fixed Coaxial Attenuator (3.5mm, 50 W, 22 GHz)

High Power Fixed Coaxial Attenuator

Features: 
  • Compact Construction - Lowest size/power ratio.
  • Precision Connectors with high temperature support beads.
  • Designed to meet environmental requirements of MIL-A-3933.
  • Ideal for Airborne or Space Applications.

74 Medium Power Fixed Coaxial Attenuator (3.5mm, 25 W, DC-28 GHz)

Medium Power Fixed Coaxial Attenuator

Features: 
  • Compact Construction - Lowest size/power ratio
  • Precision injection molded connector dielectric
  • Designed to meet environmental requirements of MIL-A-3933.
  • Low SWR Design.

72 Medium Power Fixed Coaxial Attenuator (N or 2.92mm, 50 W, 4 GHz)

Medium Power Fixed Coaxial Attenuator

Features: 
  • Compact Construction - Lowest size/power ratio.
  • Precision Connectors with high temperature support beads.
  • Designed to meet environmental requirements of MIL-A-3933.
  • Wireless Applications - Optimized for use in the communications bands.

69A Medium Power Fixed Coaxial Attenuator (SMA, 5W, DC-18 GHz)

Medium Power Fixed Coaxial Attenuator

Features: 
  • Compact Construction - Lowest size/power ratio.
  • Precision Injection Molded Connectors
  • Designed to meet environmental requirements of MIL-A-3933.
  • Flat Response.

59 High Power Fixed Coaxial Attenuator (N / SMK, 100 W, 2.5 GHz)

High Power, N/SMK Connector, Fixed Coaxial Attenuator.

Features: 
  • Precision Connectors with high temperature support beads.
  • Designed to meet environmental requirements of MIL-A-3933.
  • 10 Kilowatts peak, Conductive Cooled
  • Wireless Applications - Optimized for use in the communications bands.

46 High Power Fixed Coaxial Attenuator (N or 3.5mm, 25 W, 18 GHz)

High Power, N or 3.5mm Connector, Fixed Coaxial Attenuator.

Features: 
  • Rugged injection molded connector dielectric
  • Low Intermodulation option available
  • Designed to meet environmental requirements of MIL-A-3933.

41 Medium Power Fixed Coaxial Attenuator (N, 18 GHz, 10 W)

Medium Power, SMA Connector FIxed Coaxial Attenuator.

Features: 
  • Compact Construction - Lowest size/power ratio.
  • Quality connectors with special high temperature support beads.
  • Designed to meet environmental requirements of MIL-A-3933.

37 Medium Power Fixed Coaxial Attenuator (N, DC-4 GHz, 25 W)

The 37 Medium Power Fixed Coaxial Attenuator features a frequency range from DC-4 GHz, and an average power of 25W. The 37 is optimized for Wireless OEM & test applications. It is designed to meet environmental requirements of MIL-A-3933. Precision injection molded connector dielectric.

Features: 
  • Optimized for Wireless OEM & Test Applications.
  • Designed to meet environmental requirements of MIL-A-3933.
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