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Addvalue Technologies Secures US$2.1 Million in New Orders for IDRS Terminals

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Addvalue Technologies Secures US$2.1 Million in New Orders for IDRS Terminals

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Addvalue Technologies Ltd ( (SG:A31) ) has shared an update.

Addvalue Technologies Ltd has secured new orders worth US$2.1 million for its Inter-Satellite Data Relay System (IDRS) terminals from three new clients in the space and satellite industry. These orders are expected to positively impact the company’s financial performance in the current year, increasing its order book to US$10.6 million, with fulfillment anticipated within the next 12 months.

More about Addvalue Technologies Ltd

Addvalue Technologies Ltd operates in the space and satellite industry, focusing on providing space connectivity solutions. Its primary products include Inter-Satellite Data Relay System (IDRS) terminals, which are crucial for satellite communication.

Average Trading Volume: 6,838,740

Technical Sentiment Signal: Sell

Current Market Cap: S$42.15M

See more insights into A31 stock on TipRanks’ Stock Analysis page.

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