IN BRIEF: BATM shares rise on USD1.5 million encryption solution order
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based provider of real-time technologies for networking solutions and medical laboratory systems - Receives USD1.5 million order from an unnamed "long-standing customer" for the development of a next-generation encryption solution. Notes the solution will have suitability for supporting network speeds "well beyond" current market availability. Says the order is for the extension of work commenced last year and is designed to address risks posed by quantum computing. Adds that it expects to receive additional orders from the customer for this work. Read More