MTI WIRELESS EDGE LTD. (MWE) — Full Year Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the MTI WIRELESS EDGE LTD. Full year results investor presentation. Situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today, we'll and publish those responses where it's appropriate to do so on the Investor Meet company platform. Before we begin, as usual, we would just like to submit the following poll. And if you'd give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to CEO, Moni Borovitz. Moni, good afternoon, sir. Good afternoon, Jake. Good afternoon, everybody, and thank you for joining the result presentation. I'll start by giving a brief reminder about the markets that we play in and what pushes our company. The biggest division is a wireless controller for water management. As as we all know, water scarcity and the global warming are pushing the need to manage water more efficiently, and this is what we do. Our second activity is in the antenna business. We focus today on commercial antenna business for five gs backhaul. We all consume much more data on our mobile and computers, and the networks has capacity issue at the backbone of the network, and this is where we come in. And the third segment of the business is the defense business, where we do both antenna for military use. And in our special consulting and distribution business, we are focused on the defense business. As you all are aware, defense budgets are increasing all over the world, and we start to feel it and see it in our business. If I will address the implication of the...