PSK Contract Win
PSK subsidiary wins US$1.1 million contract for integrated shelters for defence application, deliverable within 10 months.
- Contract value US$1.1 million
- Delivery timeframe 10 months
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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, P.S.K Wind Technologies Ltd. ("PSK"), has secured a new order from an existing customer for the construction and delivery of integrated shelters for a defence application, worth approximately US$1.1 million to be delivered within the next 10 months.
MTI's CEO, Moni Borovitz, commented: "This is the third significant contract announcement for PSK this year, reaffirming its recovery and the high customer demand for its products. As announced last month, PSK has a strong order backlog and pipeline of upcoming tenders, putting PSK in a good position to achieve sustained growth over the medium to long term."
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