Companies: SCO   

Video communications specialist Scotty Group is to work with Thrales Avionics to develop new air-to-ground communications equipment.

Berkshire-based Scotty chaired by ex-Tory defence minister Lord Trefgarne, has agreed a Memorandum of Understanding with Thrales, a ‘world leader’ in supplying avionics equipment for civil and military aircraft, to co-operate in designing and manufacturing products for air-to-ground, high-speed secure communications. According to the memorandum, the AIM-quoted company and Thrales will apply their complementary capabilities to market systems jointly for helicopters and fixed-wing aircraft.

The aim is to combine Scotty’s high-speed communications systems for video, audio and data with Thrales’s Top-Flight Satcom avionics satellite communications systems. Scotty will join Thrales in exhibiting at the Hercules Operators Conference, which starts today.

Shares in Scotty, which turned a £379,000 loss into £304,000 pre-tax profits at the half-year stage, fell from 118.75p to 36.25p between 2005 and last November. They have rallied modestly and at 50.5p might outperform some sector peers.

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Scotty Group	AIM	£9.6m	47.50p	0.50p
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Other company articles:
New contract for SCOTTY			01/12/2008
Scotty in avionics deal			27/10/2008
Blues lift for Trefgarne			28/04/2008
SCOTTY into the black			17/04/2008
SCOTTY Group			13/12/2007