Aircom Telecom LLC, a wholly owned subsidiary of Aerkomm Inc. (OTCQX: AKOM), has announced it has entered into a product purchase agreement with Singapore-based Republic Engineers Maldives Pte. Ltd., a private construction and contracting company with close relationships to Asian airlines, the company said.
Under the agreement, Republic Engineers has committed to purchase a minimum of 10 shipsets of the AERKOMMÂ®K++ in-flight entertainment and connectivity system with an option to purchase an additional 30 shipsets.
Delivery of the first AERKOMMÂ®K++ system to Republic Engineers is expected to begin in the third quarter of 2019.
Aerkomm Inc. (OTCQX: AKOM), operating through Aircom Pacific, Inc., is a development stage service provider of in-flight entertainment and connectivity solutions for the airline industry.