Significant Contract Win and Notice of Results
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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 a significant repeat order from a system house in Israel for the manufacture of military antennas worth a total of approximately US$4m, which are expected to be delivered up until 30 June 2026.
The Company will announce its financial results for the year ended 31 December 2024 on Monday, 17 March 2025.
Commenting on the repeat order, Moni Borovitz, CEO, said: "We are thrilled with this repeat manufacturing order as it is one of the largest orders we have ever received and demonstrates our ability to deliver high-quality services and innovative solutions to meet our clients' needs. The order entails the supply of state-of-the-art antennas and is integral to an end use which is considered to be one of the most advanced systems of its kind in the world. The antennas are designed to deliver unmatched accuracy and robust communication, leveraging our sophisticated and complex production technology. This win and others like it, add to our growing reputation for providing highly innovative antenna solutions and we look forward to continuing to work closely with defence companies from around the world."
Antenna division
Water Control & Management division
Distribution & Professional Consulting Services division
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