Business
Contract wins
Contract wins.
About this update from Mti Wireless Edge Ltd
[{"type":"text","content":"\n\n \n\n25 June 2024\n \n*Reach non-regulatory announcement\n \nMTI Wireless Edge Ltd\n(\"MTI\" or the \"Group\")\n \nContract wins\n \nMTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that it has received two orders, totaling $650,000, from Indian clients for its 5G antenna solution. The orders are expected to be fulfilled in the current financial year.\nCommenting on the contract wins, Moni Borovitz, CEO, said: \"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.\"\n \nFor further information please contact:\n\n\n\n\nMTI Wireless Edge Ltd\nMoni Borovitz, CEO\n\n\n+972 3 900 8900\nhttp://www.mtiwirelessedge.com\n \n \n\n\n\n\nAllenby Capital Limited (Nomad and Joint Broker)\nNick Naylor/Alex Brearley/Piers Shimwell (Corporate Finance)\nGuy McDougall/Amrit Nahal (Sales and Corporate Broking)\n\n\n+44 20 3328 5656\n\n\n\n\n \nShore Capital (Joint Broker)\nToby Gibbs/Rachel Goldstein (Corporate Advisory)\n \n\n\n \n+44 20 7408 4090\n\n\n\n\nNovella (Financial PR)\nTim Robertson/Safia Colebrook\n\n\n+44 20 3151 7008\n\n\n\n\n \n \nAbout MTI Wireless Edge Ltd. (\"MTI\")\nHeadquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions:\nAntenna division\nMTI is a world leader in the design, development and production of high quality, state-of-the-art, and cost-effective antenna solutions including Smart Antennas, MIMO Antennas and Dual Polarity Antennas for wireless applications. MTI supplies antennas for both military and commercial markets from 100 KHz to 174 GHz.\nInternationally recognized as a producer of commercial off-the-Shelf and custom-developed antenna solutions in a broad frequency range, MTI addresses both commercial and military applications.\nMTI supplies directional and omnidirectional antennas for outdoor and indoor deployments, including smart antennas for 5G backhaul, Broadband access, public safety, RFID, base station and terminals for the utility market.\nMil...