Mti Wireless Edge LtdLSE: MWE

New Contract Win Excellence in Military Antenna Technology

· Issued by Mti Wireless Edge Ltd

MTI 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 three orders from a system house in Israel for the development and manufacture of military antennas worth a total of approximately US$1m, which are to be delivered over 2025.

Commenting on the contract wins, Moni Borovitz, CEO, MTI Group, said: "As announced several months ago, we continue to see a growing trend of local system houses outsourcing their antenna manufacturing and we are well placed to meet this demand. In this instance, we received two manufacturing orders, reflecting the customer's satisfaction from past services, and one development order for a new technology, which moves us up to a sub-system level, meaning we will provide further capabilities in addition to antennas within customer solutions."