Significant Mottech Contract Win
Mottech secures approximately €1.0 million contract from Italian water consortium for irrigation system renewal and expansion.
- Contract value approximately Euro 1.0 million
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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 subsidiary Mottech Water Solutions Ltd ("Mottech") has secured a significant contract worth approximately Euro 1.0 million from a long-term customer in Italy to be delivered within 2025.
MTI's CEO, Moni Borovitz, commented: "We are extremely proud of this order, as this is an extensive project with a large water consortium in Italy with whom we have worked for many years. The contract we are announcing today is the first phase and involves the renewal and expansion of an irrigation system originally installed over 15 years ago. The objective is to provide efficient water distribution across an expanded area of agricultural land supporting the accurate irrigation of citrus fruits. Once the first phase is successfully completed, we expect the contract will be extended to cover the next phase."
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.