Stellant systems, inc. to acquire power systems technology product line from comtech

Torrance, calif. & melville, n.y.--(business wire)---- $cmtl #5g--oct. 12, 2023-- stellant systems, inc. (stellant) and comtech telecommunications corp. (nasdaq: cmtl) (comtech) today announced the companies entered into a definitive agreement under which stellant will acquire comtech's power systems technology (pst) product line for a total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of cer.
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