Business
Two Defence Contracts
MTI Wireless Edge Ltd has announced two new defence contracts for its antenna division, totaling approximately US$1 million. One order, valued at around US$0.7 million, comes from an existing European defence client for delivery within five months, while the other is from a local defence company with a two-year delivery timeline. This follows a strong April for the company, which has secured defence-related orders exceeding US$9 million. Disclaimer*
About this update from Mti Wireless Edge Ltd
[{"type":"text","content":"\n\n\n*Reach non-regulatory announcement\n22 April 2026\n \nMTI Wireless Edge Ltd\n(\"MTI\" or the \"Group\")\n \nTwo Defence Contracts\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 its antenna division has received two orders, totaling approximately US$1m, to supply military antennas. One of the orders, totaling approximately US$0.7m, is from an existing client, a European defence company, for delivery within five months and the other is from a local defence company for delivery within two years.\n \nMTI's CEO, Moni Borovitz, commented:\n\"April is continuing to be a strong month for us having secured a series of significant defence-related orders with a combined value of just above US$9m. This increased level of order intake is encouraging and we continue to see opportunities for securing further orders primarily for our range of defence related products but also from across the entire business.\"\n \nEngage with the MTI Wireless Edge Ltd. management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our interactive investor hub here: http://investors.mtiwirelessedge.com/announcements.\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 (Corporate Finance)\nTony Quirke/Amrit Nahal (Sales and Corporate Broking)\n\n\n+44 20 3328 5656\n\n\n\n\n \nShore Capital (Joint Broker)\nToby Gibbs/George Payne (Corporate Advisory)\nFiona Conroy (Corporate Broking)\n \n\n\n \n+44 20 7408 4090\n\n\n\n\nNovella (Financial PR)\nTim Robertson/Aeliya Bilgrami\n\n\n+44 20 3151 7008\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:\n \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 an...