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Addvalue Technologies Ltd ( (SG:A31) ) has issued an announcement.
Addvalue Technologies Ltd has secured new orders worth approximately US$3.02 million for its Inter-Satellite Data Relay System (IDRS) terminals from two existing clients expanding their satellite constellations. This development enhances the company’s position in the space and satellite industry, with the orders expected to positively impact the financial year, contributing to an order book total of US$18.12 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 products like the Inter-Satellite Data Relay System (IDRS) terminals, which are crucial for satellite communications.
Average Trading Volume: 17,122,350
Technical Sentiment Signal: Buy
Current Market Cap: S$90.56M
Learn more about A31 stock on TipRanks’ Stock Analysis page.