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Fae Technology S.P.A ( (IT:FAE) ) has shared an announcement.
FAE Technology S.p.A. has secured contracts worth 5 million euros from a new client in the telecommunications sector, marking its first collaboration with an Italian company that is part of a leading international group. This development is expected to enhance FAE Technology’s order book and strengthen its market position, with the economic impact anticipated in 2026. The acquisition of this strategic client underscores the company’s ability to expand its customer base and respond effectively to market demands, supporting its positive growth outlook for the next fiscal year.
More about Fae Technology S.P.A
FAE Technology S.p.A. is an Italian industrial group listed on the Euronext Growth Milan market of Borsa Italiana, operating as an Original Design Manufacturer (ODM) in the electronics sector. The company offers professional ODM and EMS services, with subsidiaries specializing in custom embedded computing, complex electronic applications, and proprietary embedded solutions. Established in 1990, FAE Technology focuses on innovation, sustainability, and corporate social responsibility, benefiting from strategic partnerships and collaborations with academic and research institutions.
Average Trading Volume: 20,003
Technical Sentiment Signal: Sell
Current Market Cap: €50.06M
See more insights into FAE stock on TipRanks’ Stock Analysis page.