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Addvalue Technologies Ltd ( (SG:A31) ) has issued an update.
Addvalue Technologies Ltd has announced securing new orders worth US$2.2 million for its Inter-Satellite Data Relay System (IDRS) terminals from three leading space technology companies in the US, Europe, and Japan. This expansion in its customer base highlights Addvalue’s growing influence in the space and satellite industry. The new orders, which are expected to be partially fulfilled within the next 12 months, will significantly impact the company’s financial performance for the current year, increasing its order book to US$18.6 million.
More about Addvalue Technologies Ltd
Addvalue Technologies Ltd operates in the space and satellite industry, focusing on providing Space Connectivity solutions. The company specializes in Inter-Satellite Data Relay System (IDRS) terminals, catering to a global clientele in the US, Europe, and Japan.
Average Trading Volume: 11,128,118
Technical Sentiment Signal: Buy
Current Market Cap: S$62.09M
For detailed information about A31 stock, go to TipRanks’ Stock Analysis page.