MTI Wireless Edge Limited Contract Win (5564S)
2023年11月7日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
TIDMMWE
RNS Number : 5564S
MTI Wireless Edge Limited
07 November 2023
7 November 2023
MTI Wireless Edge Ltd
("MTI" or the "Group")
Contract Win
MTI Wireless Edge Ltd (AIM: MWE), the technology group focused
on comprehensive communication and radio frequency solutions across
multiple sectors, announces that its Distribution &
Professional Consulting Services Division has received various
orders for the service and maintenance of surveillance platforms
from the Israeli Ministry of Defense. The combined orders are worth
approximately US$1 million and are to be supplied over the next 14
months.
MTI's CEO, Moni Borovitz, commented: "This contract reflects the
increase in military-related spending by the Israeli government and
we anticipate that we will receive additional defense-related
orders for our radio frequency and antenna solutions in due
course."
For further information please contact:
MTI Wireless Edge Ltd +972 3 900 8900
Moni Borovitz, CEO http://www.mtiwirelessedge.com
Allenby Capital Limited (Nomad and Joint
Broker)
Nick Naylor/Alex Brearley/Piers Shimwell
(Corporate Finance)
Guy McDougall/Amrit Nahal (Sales and
Corporate Broking) +44 20 3328 5656
Shore Capital (Joint Broker)
Toby Gibbs/Rachel Goldstein (Corporate
Advisory) +44 20 7408 4090
Novella (Financial PR)
Tim Robertson/Safia Colebrook +44 20 3151 7008
About MTI Wireless Edge Ltd. ("MTI")
Headquartered in Israel, MTI is a technology group focused on
comprehensive communication and radio frequency solutions across
multiple sectors through three core divisions:
Antenna division
MTI is internationally recognized as a producer of commercial
off-the-Shelf and custom-developed antenna solutions in a broad
frequency range of HF to 170 GHz for commercial, RFID and military
applications. MTI continuously invests in ground breaking
technologies, explores new frequencies, and devises innovative
solutions which empower our wireless communication customers with
cutting-edge off-the-shelf and custom-made antennas.
We are at the forefront of technology and innovation, being the
first to introduce Dual Band parabolic antennas, E Band Automatic
Beam Steering antennas, E Band FCC compliant flat antennas, and
more.
MTI supplies directional and omnidirectional antennas for
outdoor and indoor deployments, including smart antennas for 5G
backhaul, Broadband access, public safety, RFID, base station and
terminals for the utility market.
Military applications include a wide range of broadband,
tactical and specialized communication antennas, antenna systems
and DF arrays installed on numerous airborne, ground and naval,
including submarine, platforms worldwide.
Water Control & Management division
Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI
provides high-end remote control and monitoring solutions for water
and irrigation applications based on Motorola's IRRInet
state-of-the-art control, monitoring and communication
technologies.
As Motorola's global prime-distributor Mottech serves its
customers worldwide through its international subsidiaries and a
global network of local distributors and representatives. With over
25 years of experience in providing customers with irrigation
remote control and management, Mottech's solutions ensure constant,
reliable and accurate water usage, increase crops quality and yield
while reducing operational and maintenance costs providing fast ROI
while helping sustain the environment. Mottech's activities are
focused in the market segments of agriculture, water distribution,
municipal and commercial landscape as well as wastewater and
storm-water reuse.
Distribution & Professional Consulting Services division
Via its subsidiary, MTI Summit Electronics Ltd., MTI offers
consulting, representation and marketing services to foreign
companies in the field of RF and Microwave solutions and
applications including engineering services (including design and
integration) in the field of aerostat systems and the ongoing
operation of Platform subsystems, SIGINT, RADAR, communication and
observation systems which is performed by the Company. It also
specializes in the development, manufacture and integration of
communication systems and advanced monitoring and control systems
for the Government and defence industry market.
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END
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November 07, 2023 02:00 ET (07:00 GMT)
Mti Wireless Edge (LSE:MWE)
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Mti Wireless Edge (LSE:MWE)
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