logo-loader
viewMTI Wireless Edge Limited

MTI Wireless secures US$1mln order from Israeli customer

“We continue to see high demand for our products and services and this agreement is another step in the realization of the substantial potential for our products," MTIE's general manager, Adi Peleg, said

MTI Wireless Edge Limited -

MTI Wireless Edge Ltd (LON:MWE) has secured a US$1mln order from an Israeli customer for the supply of Hi-Power Microwave Terminations.  

The company, which produces antennas for commercial, radio frequency identification and military sectors, said its consulting and representation division MTI Engineering Ltd won the 16-month contract with the undisclosed client. 

MTIE's general manager, Adi Peleg, said: "We are delighted with this agreement because it provides a lot of potential, including scope for the order size to more than double in the next two years, as our customer has designed its system around MTI's component.

“We continue to see high demand for our products and services and this agreement is another step in the realization of the substantial potential for our products."

Quick facts: MTI Wireless Edge Limited

Price: 29.5 GBX

AIM:MWE
Market: AIM
Market Cap: £25.79 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of MTI Wireless Edge Limited named herein, including the promotion by the Company of MTI Wireless Edge Limited in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Thomas Cook enters compulsory liquidation

Headlines from the Proactive UK newsroom. Thomas Cook (LON:TCG) has entered compulsory liquidation sparking the largest repatriation of British holiday makers.  The tour operator collapsed when last ditch-talks over emergency funding failed. MTI Wireless Edge (LON:MWE) has picked up a...

3 weeks, 4 days ago

RNS

Contracts Win

2 weeks, 1 day ago

Total Voting Rights

2 weeks, 4 days ago

Contract Win

3 weeks, 4 days ago

Transaction in own shares

4 weeks, 1 day ago

Contract Win

on 16/9/19

2 min read