MTI Wireless Edge Ltd (AIM: MWE), the developer and manufacturer of sophisticated antennas and antenna systems and wireless irrigation solution provider, is pleased to tell DirectorsTalk that it has secured a new contract from a new European customer for the development and manufacturing of an antennas solution for a military application. The contract is worth over US$1.8 million is expected to be delivered over the next 26 months.
MTI CEO, Dov Feiner, commented: ‘We are delighted with this order win which shows again our advanced technology and development capabilities. We believe that this order from a new customer will be a first step in long term relationship with the customer.’