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UMT secures US$3.7 million in satellite orders as industry demand surges

Universal Microwave Technology (UMT) reported that cumulative orders from low-Earth orbit (LEO) satellite clients in 2024, including shipped and pending deliveries, have reached nearly NT$1.2 billion. Its largest customer accounts for over 55% of all LEO satellite orders, with more than NT$400 million in products still awaiting shipment, most of which are set to go out in the fourth quarter.