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COMSovereign Announces the Sale of its Sky Sapience Drone Subsidiary

PR Newswire - Press Release

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Transaction Advances the Company's Refocusing Efforts on its 4G LTE and 5G Wireless Connectivity Solutions

DALLAS, Dec. 22, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ:COMS) and (NASDAQ:COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, today announced an agreement to sell its Israel-based, Sky Sapience ("SKS") tethered drone unit to Titan Innovations ("Titan") for total cash consideration of $1.8 million.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
COMSP 0.0002 unch unch
Comsovereign Holding Corp
COMS 0.0016 unch unch
Comsovereign Holding Corp

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