Addvalue Technologies Ltd (SG:A31) has released an update.
Addvalue Technologies Ltd has announced the procurement of a substantial $2.085 million order for its Inter-Satellite Data Relay System terminals from an existing customer, which is expected to make a significant positive impact on the company’s financial performance this year. This new order boosts the company’s current order book to $19.38 million, with a substantial portion anticipated to be fulfilled within the next 12 months. Addvalue’s focus is on capitalizing on the Fourth Industrial Revolution by developing advanced digital connectivity and software-defined applications.
For further insights into SG:A31 stock, check out TipRanks’ Stock Analysis page.