Astronics Corporation announces multi-year agreement with Panasonic Avionics Corporation for power solutions

Astronics Corporation, a leader in advanced, high-performance lighting, electrical power, avionics databus interfaces, and automated test systems for the global aerospace and defense industries, today announced that its wholly-owned subsidiary, Astronics Advanced Electronic Systems Corp. (AES), and Panasonic Avionics Corporation (Panasonic) have signed a multi-year Master Supply Agreement (MSA) for Astronics' world-leading EmPOWER(R) In-Seat Power Systems that are installed with Panasonic's In-Flight Entertainment and Connectivity (IFEC) Systems.

Peter J. Gundermann, President and CEO of Astronics Corp., commented, "We have had a long-standing relationship with Panasonic Avionics Corporation and have readily applied our innovation and responsiveness to address the continued technological advancements they have made with their systems. We appreciate the recognition through this contract of our innovative power solutions, high quality products, and reliable customer service."

Astronics began providing EmPOWER(R) products to Panasonic in 2005 under various commercial agreements. Since then, the parties have collaborated on the design and development of multiple intelligent power supply systems used to provide power to Personal Electronic Devices (PEDs) such as laptops, as well as the IFE seat back displays and other electronic devices provided by Panasonic in the cabin of commercial air transport aircraft. Such systems assure high reliability and availability of IFE System functionality and allow the passengers to connect their own portable device for work or pleasure.

For more than 15 years, Astronics has developed intelligent power management systems. The patented EmPOWER(R) System is currently in service with over 150 Airline/OEM customers at more than 500,000 seat locations.