New Contract Wins
Antenna division wins three orders from Israeli system house worth approximately US$1m, deliverable in 2025.
- Contract value approximately US$1m
Select text to share a quote on X · sign in to keep highlights & notes in your MWE notes
MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that its Antenna division has received three orders from a system house in Israel for the development and manufacture of military antennas worth a total of approximately US$1m, which are to be delivered over 2025.
Commenting on the contract wins, Moni Borovitz, CEO, said: "As announced several months ago, we continue to see a growing trend of local system houses outsourcing their antenna manufacturing and we are well placed to meet this demand. In this instance, we received two manufacturing orders, reflecting the customer's satisfaction from past services, and one development order for a new technology, which moves us up to a sub-system level, meaning we will provide further capabilities in addition to antennas within customer solutions."
Antenna division
Water Control & Management division
Distribution & Professional Consulting Services division
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.