Ault Alliance announces Gresham Worldwide receives $5.4 million in contract orders

Ault Alliance, Inc. announced Microphase Corporation, a subsidiary of Ault Alliance’s majority-owned subsidiary, Giga-tronics, Inc., referred to as Gresham Worldwide, a provider of purpose-built electronic technology solutions for defense and other mission critical applications, received orders for radio frequency (RF) filters from a defense contractor with an aggregate value of $5.4 million. Microphase technology will be used as part of a platform designed to counter improvised explosive devices to protect troops in the U.S. military.

Based in Shelton, Connecticut, Microphase has for more than 65 years specialized in designing, engineering, and manufacturing RF, microwave and millimeter wave devices, components and subsystems known for high performance and ultra-high reliability for mission critical applications in the defense industry. Microphase serves militaries and top tier defense contractors who support them with platforms in the air, on land and at sea around the world.

Microphase anticipates initial deliveries to begin in the first quarter of 2024 with the balance delivered throughout calendar year 2024. This production order builds on eight years of close collaboration with this strategic customer to develop and refine these RF components. Microphase expects to receive at least one additional production order for the RF filters in late 2024.

“These orders provide further validation of Gresham Worldwide’s strategic focus on delivering purpose-built solutions for mission critical requirements that build enduring customer relationships,” says Jonathan Read, CEO of Gresham Worldwide. “Wars in the Middle East and Ukraine with tensions high in the South China Sea and multiple low-intensity conflicts elsewhere will continue to drive demand for Gresham Worldwide’s defense and force protection offerings for the foreseeable future.”

“We’re well-positioned with the workforce, equipment, and facilities to satisfy these orders on schedule,” says Timothy Long, COO of Gresham Worldwide and CEO of Microphase. “This business builds on our proven RF filter technology platform. We expect these orders and others like them will have a positive impact on Microphase’s revenue and profitability going forward.”