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Hardware & electrical equipment

MTI Wireless Edge up 7% after contract win

MTI Wireless Edge Limited (AIM:MWE) shares climbed 7% in early trading after the company announced a major repeat order worth $4 million for its military antenna technology.

The order comes from a system house in Israel and will be delivered by June 2026.

The company, which specialises in radio frequency and communication solutions, says this is one of its largest-ever orders, reinforcing its strong reputation in the defence sector.

CEO Moni Borovitz highlighted that the antennas are part of an advanced global defence system, designed to offer high accuracy and reliable communication.

The shares rose 3.3p to 51.8.

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