MTI Wireless Edge (GB:MWE) has released an update.
MTI Wireless Edge Ltd., an Israel-based global technology group, has announced new contract wins totaling approximately $3 million, primarily to be fulfilled within the current financial year. These contracts include service and system installation orders from two Israeli customers within the Group’s MTI Summit division and a repeat order for military antennas. The CEO, Moni Borovitz, expresses confidence in the company’s growth prospects, citing increasing global defense spending and customer trust as key drivers for future contract wins.
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