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IN BRIEF: MTI Wireless Edge wins two orders worth USD650,000

25th Jun 2024 10:36

MTI Wireless Edge Ltd - communication and radio frequency technology firm - Wins two orders, worth USD650,000, from unnamed Indian clients for its 5G antenna solution. The orders are expected to be fulfilled in the current financial year, it says.

Chief Executive Moni Borovitz says: "These orders, which are in line with our expectations, show increasing activity in the Group's Indian market. I am pleased to see our Antenna division progressing in India, a large-scale area of opportunity for MTI."

Current stock price: 39.50 pence per share, up 0.3% on Tuesday

12-month change: down 14%

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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