Microwave and millimeter-wave component manufacturer Universal Microwave Technology (UMT) has experienced a sharp surge in demand for low-orbit satellite components, driving a record-high 46.4 percent year-over-year revenue increase for the first 11 months of 2024. Chairperson Shu-Min Chen forecasts a similar growth trajectory for 2025, with 2026 looking equally promising. She disclosed that customer orders are arriving at a breakneck pace.
Low-orbit satellite orders surge as UMT speeds up expansion in response
11
Dec