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Expansion of PSK Defence Order

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MTI Wireless Edge Ltd announced an expansion of a contract with the Israeli Ministry of Defence through P.S.K. Wind Technologies Limited, doubling the order value from US$2.2 million to approximately US$4.5 million, with completion expected by the end of the first quarter of 2027. The company's CEO highlighted increasing opportunities in the defence market and a healthy pipeline across all divisions, indicating a strong business position.

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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 further to its announcement on 7 April 2026, P.S.K. Wind Technologies Limited's contract for the supply of communications infrastructure to the Israeli Ministry of Defence has doubled in value, increasing from US$2.2m to approximately US$4.5m. The expanded order is expected to be completed by the end of the first quarter of 2027.

MTI's CEO, Moni Borovitz, commented:

"We continue to see more opportunities in the defence market and demand for our range of defence related products. Overall, the business continues to be very well positioned with a healthy pipeline of potential orders across all three divisions."

Antenna division

Water Control & Management division

As Motorola's global prime-distributor Mottech serves its customers worldwide through its international subsidiaries and a global network of local distributors and representatives. With over 25 years of experience in providing customers with irrigation remote control and management, Mottech's solutions ensure constant, reliable and accurate water usage, increase crops quality and yield while reducing operational and maintenance costs providing fast ROI while helping sustain the environment. Mottech's activities are focused in the market segments of agriculture, water distribution, municipal and commercial landscape as well as wastewater and storm-water reuse.

Distribution & Professional Consulting Services division

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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