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

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the MTI WIRELESS EDGE LTD. Full Year Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time using 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 it receives during the meeting itself. However, the company will review all questions submitted today and publish responses where appropriate to do so. Before we begin, I would like to submit the following poll, and I would now like to hand you over to CEO, Moni Borowicz. Good morning, sir. Good morning, Alex. Thank you. Thank you, everybody, for joining us today on the 2022 financial results. I'll start by talking about the global market trends that drive the MTI business. We all know that the summer was horrible in term of water scarcity and drought. You can see to the left how were how worse it was. And this means that our water management solution is required everywhere in the world, and we see more and more demand for that. Moving into five g market, you see that the number of subscriber is growing. And as the number of subscriber is growing, the data that we consume is growing. And so forth, there is a problem in the capacity of the of the network, and this is where our antenna business is like. The Ukraine war increased the defense budgets quite dramatically, and we start now to see more and more programs in the defense market. And this has a positive effect on both our military antenna solutions and, of course, the distribution, including the PSK job that we are doing. And the world had changed dramatically in the last year in both in increased interest ...