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Omni-Lite Industries Canada received a follow-on order valued at over US$100,000 for a custom high voltage switch driver from a top-tier defense prime contractor. The drivers will be used in an X-Band sensor on an airborne platform.
Omni-Lite Industries Canada Inc. completed its acquisition of Monzite Corporation, a manufacturer of RF and microwave components, for 1,225,000 shares of Omni-Lite common stock and warrants. The deal was announced in August 2018 and closed on September 24, 2018.