MTI WIRELESS EDGE LTD. (MWE) — Financial results for the six month period ended 30 June 2025

Investor webinar replay

Replay transcript excerpt

Good afternoon. Welcome to the MTI WIRELESS EDGE LTD investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review your questions submitted today and pop publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And then I'd like to hand you over to Moni Borovitz, CEO. Good afternoon, sir. Hi. Good afternoon. Thank you, Lily. Good afternoon, everybody, and thank you for joining our interim result presentation. I will start by giving a a short brief about the markets we operate in. I think we all experience a very hot summer. We all understand global warming is here and the need to manage water is becoming more crucial, and this is what we do in Motech. The second market we operate in is the backhaul of antennas for backhaul for cellular market, the five g market. As we all consume much more data, the need to have more capacity in the backhaul is increasing, and this is part of our growth pattern. And the third market is the defense. We all know and felt that the defense budget are increasing quite heavily in the last few years. So you can look on the left hand side of the slide how much it it grew in the last few decades. And then if you look at the future, what we expect in the European and NATO countries, it's just going to grow from 2% of the GDP to 5% of the GDP. So we expect a very high growth, and this goes throughout the business of MTI. So what was the effect on us in the fir...