MTI Wireless Edge Limited – Contract Win

MTI Wireless Edge Limited – Contract Win

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that it has secured a new contract, worth approximately US $1 million, for the development and manufacturing of military antennas. This order is from an existing customer for antennas developed serval years ago which are being customized for a new project.

MTI’s CEO, Moni Borovitz, commented: “We are delighted with this additional contract win, which demonstrates this customer’s satisfaction with our products, technology and service. We continue to see expansion and growth opportunities in all sectors of the antenna industry, particularly in the 80 GHz spectrum as mobile operators start to plan their implantation of 5G”.

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