14 Jan 2021 Congratulations to our client Horizon Technologies for another great year! – Horizon Technologies Announces 2020 Results and Corporate Restructuring
READING, UK— John Beckner, Horizon Technologies CEO gave his annual company update on 4 January, 2021. Horizon Technologies is pleased to announce that despite Covid-related challenges, 2020 has been our best year ever: over £4.5 Million in sales, and continued profitable growth. Our heartfelt thanks to the whole Horizon Technologies team, our partners, our suppliers, and most importantly, our customers who use our products on a daily basis.
As a result of our continued success and growth of the company, effective 1 January, 2021 Horizon Technologies will be operating as two separate business units. According to Beckner, the establishment of the two (2) separate business units makes sense going forward since the Horizon Aerospace Technologies business continues to expand, and is primarily hardware driven. Our AMBER™ Horizon Space Technologies business is a Data as a Service (DaaS) business, and operates under an entirely different business model.
Our FlyingFish™ SIGINT system was in use all over the world in 2020 saving refugees, combating illegal fishing, smuggling, transshipments, terrorism, etc. Within six (6) years, FlyingFish™ has become the world’s preferred, fully airborne qualified, Sat Phone SIGINT solution for manned and unmanned aircraft. Since 2015, many thousands of refugees have been rescued in the Mediterranean Sea alone due to the use of FlyingFish™. 2021 will see additional sales of our transformational Xtender product for UAVs as well as a major new product announcement. Mr. Basharit Ahmed has been promoted to Chief Operating Officer (COO) and will lead this business segment.
In 2020, we delivered our first AMBER™ CubeSat payload to AAC Clyde Space in preparation for our first launch in mid-2021. At that time, our AMBER™ Space-Based Maritime Domain Awareness (MDA) Intelligence data will be available to customers worldwide; led by the UK Government. The AMBER™ constellation will be a state-of-the-art 2nd Generation Constellation which doesn’t require “clusters” of CubeSats for RF data collection. AMBER™ will provide demodulated data to our customers rather than mere geolocations. Even before the first AMBER™ launch, we will be providing data to a NATO customer from one of our terrestrial AmberPersistent stations which provide 24/7 sensor coverage of strategic maritime chokepoints. John Beckner will continue to run the Horizon Space Technologies segment personally until a COO for the segment can be found. 2021 promises to be the break-out year for AMBER™!
Horizon Technologies. Where Vision Turns into Reality.
Horizon Technologies is a Global Leader in Innovative SIGINT and Space-Based
Maritime Domain Awareness (MDA) Intelligence Solutions.
Horizon Aerospace Technologies is the world leader in airborne Sat Phone monitoring systems for Intelligence, Surveillance and Reconnaissance (ISR) applications, equipping governments worldwide by enhancing their SIGINT capabilities. We are the Original Equipment Manufacturer (OEM) for the FlyingFish™ SIGINT system which is in operation on numerous platforms worldwide. We participate daily in SAR missions via NATO and FRONTEX in the Mediterranean Sea, and are heavily involved in international operations around the globe.
Horizon Space Technologies is the prime contractor for the UK Government’s AMBER™ program. The AMBER™ Program will consist of six (6) AMBER™ CubeSats in six orbital planes providing global Maritime Domain Awareness (MDA) data to NMIC (led by the Royal Navy).
Visit: HorizonTechnologies.com
###