Comsovereign acquires rf engineering & energy resource, adding advanced antenna design capabilities and telecom network sales channels

Dallas, july 16, 2021 /prnewswire/ -- comsovereign holding corp. (nasdaq: coms) ("comsovereign" or the "company"), a u.s.-based developer of 4g lte advanced and 5g communication systems and solutions, today announced that it has acquired rf engineering & energy resource ("rfeq"), a specialist in the design, outsourced manufacturing and distribution of ultra-high performance microwave antennas and other branded solutions for the wireless and wireline industries in the united states and latin america. terms of the transaction include total consideration of approximately $2.2 million worth of shares of restricted common stock and $550,000 in cash.
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