05:58 PM EDT, 05/21/2024 (MT Newswires) -- Nortech Systems ( NSYS ) said late Tuesday it was issued a new patent for its Active Optical Xtreme technology platform.
The company said the technology integrating transceivers, receivers and optical fiber within a non-magnetic cable or connector assembly designed to operate in a magnetically sensitive environment will likely "transform data transmission capabilities across a range of sectors."
The platform will likely be adopted more broadly as industries seek "efficient and reliable" methods to manage and transmit data in applications where "sophisticated magnetic performance is required," the company said.
AOX adoption will ramp up through 2024 and will not have a material impact on 2024 or 2025 financial results, Nortech ( NSYS ) said.