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IN BRIEF: MTI Wireless wins more orders for tethered balloon projects

15th Dec 2021 17:54

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Says its Distribution & Professional Consulting Services division has received three further orders for services relating to the tethered balloon projects that it is involved in. These orders are worth around USD1.0 million in aggregate and are to be delivered within the next 12 months, it notes.

Chief Executive Officer Moni Borovitz comments: "We believe that these additional orders reflect the satisfaction of our customers with the services they have received so far from us and our unique capability and experience in this highly specialist area."

Current stock price: 76.00 pence

Year-to-date change: down 1.3%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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