Digital Power Corporation awarded additional $1.6M Defense Export Order
FREMONT, Calif., Oct. 24, 2014 /PRNewswire/ -- Digital Power Corporation (NYSE MKT: DPW) announced that its wholly-owned subsidiary, Digital Power Limited, has secured an additional $1.6M order from the Republic of Korea to provide uninterruptible power supply (UPS) systems to be fitted to Military Afloat Reach and Sustainability (MARS) tankers being built by Daewoo Shipbuilding and Marine Engineering (DSME).
DSME is building four MARS tankers to support Type 45 Destroyers while at sea. To be delivered to the UK Ministry of Defense (MoD), each MARS tanker requires a total complement of eight (8) UPS systems of various ratings. These tankers will provide logistical support, ammunition and other supplies to the destroyers. Digital Power Corporation already has provided a wide range of power conversion and distribution equipment for the Type 45 Destroyer fleet.
Jake Moir, Managing Director of Digital Power Limited, comments: "This order is part of our forward order book for the next two years and provides us with a platform to develop additional new products for customers worldwide. Our defense business continues to grow with customers in multiple countries around the world."
Amos Kohn, president and CEO of Digital Power Corporation comments, "We continue to search for new products and markets. This additional order demonstrates our capabilities and the trust our customers have with our products and services. We will continue to expand our power technologies to the worldwide defense market and industries as part of our global strategy." Mr Kohn continues: "In this increasingly unstable world, we are proud to do our part to support our strategic allies."
About Digital Power Corporation
Digital Power Corporation (NYSE MKT: DPW) is a solution-driven organization that designs, develops, manufactures and sells high-grade, customized and flexible power system solutions for the most demanding applications in the medical, military, telecom and industrial markets. The company also manufactures advanced DC/DC and AC/DC switchers to be used in combat and ground static frequency converters, DC UPS devices, distributed power systems and DC/AC inverters for naval defense systems. The company is headquartered in Fremont, California. Its wholly-owned subsidiary, Digital Power Limited, is based in Salisbury, UK and operates under the brand Gresham Power Electronics.
Editorial contact: Amos Kohn, telephone (866) 344-7697, e-mail [email protected].
Reader contact: Digital Power Corporation, telephone (866) 344-7697, e-mail [email protected], or telephone +44 (1722) 413 060, email [email protected].
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SOURCE Digital Power Corporation
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