MTI Wireless Edge Ltd - communication and radio frequency technology firm based in Israel - Says that its Antenna division has received a repeat order for the manufacture of military antennas. Says order is worth $1.2 million, to be delivered within six months.
Commenting on the win, Chief Executive Moni Borovitz says: ‘We are very pleased to receive this repeat order as it demonstrates the continued demand for our products. We see more opportunities in this specific area of conformal antennas, some for new development projects and some for use in existing products, but all resulting in our technology being used in more applications.’
Current stock price: 46.84 pence
12-month change: down 6.3%
Copyright 2024 Alliance News Ltd. All Rights Reserved.