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The latest announcement is out from MTI Wireless Edge ( (GB:MWE) ).
MTI Wireless Edge Ltd has announced that its Antenna division has secured three orders from a system house in Israel for the development and manufacture of military antennas, totaling approximately $1 million, to be delivered over the course of 2025. This contract reflects the growing trend of local system houses outsourcing antenna manufacturing, positioning MTI to meet the increasing demand, and enhances its capabilities by moving towards offering sub-system level solutions beyond just antennas.
More about MTI Wireless Edge
MTI Wireless Edge Ltd, headquartered in Israel, is a technology group specializing in comprehensive communication and radio frequency solutions across multiple sectors. The company operates through three core divisions: the Antenna division, which provides high-quality antenna solutions for both military and commercial markets; the Water Control & Management division, which offers remote control and monitoring solutions for water and irrigation applications through its subsidiary Mottech; and the Distribution & Professional Consulting Services division, which provides consulting, representation, and marketing services in RF and Microwave solutions.
YTD Price Performance: 17.65%
Average Trading Volume: 59,288
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £43.1M
For a thorough assessment of MWE stock, go to TipRanks’ Stock Analysis page.
