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Addvalue Technologies Secures US$2.8M in Space Orders, Boosting Revenue Growth

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Addvalue Technologies Secures US$2.8M in Space Orders, Boosting Revenue Growth

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

Addvalue Technologies Ltd has secured US$2.8 million in new orders for its Inter-Satellite Data Relay System terminals from clients in the Asia Pacific and Americas, enhancing its position in the space and satellite industry. These orders contribute to a total order book of US$19.2 million, expected to positively impact the company’s financial performance in the next year.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

More about Addvalue Technologies Ltd

Addvalue Technologies Ltd operates in the space and satellite industry, focusing on Space Connectivity-related business. The company provides Inter-Satellite Data Relay System terminals, which are integral to expanding space missions.

Average Trading Volume: 30,688,607

Technical Sentiment Signal: Buy

Current Market Cap: S$148.9M

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

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