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Pin to quick picksMti Wireless Share News (MWE)

Share Price Information for Mti Wireless (MWE)

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Share Price: 46.00
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IN BRIEF: MTI Wireless Edge wins two contracts worth GBP850,000

Wed, 29th Jun 2022 11:51

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Says its Distribution & Professional Consulting Services division has secured two orders totalling USD850,000, to be delivered in 2022. The orders are from a returning customer for the design and manufacture of portable platforms.

The two orders were won by PSK Wind Technologies Ltd; MTI acquired a 51% stake in PSK in January of this year.

Chief Executive Moni Borovitz comments: "We are very pleased with these orders from a key returning customer, demonstrating their ongoing satisfaction with our solutions and services. The orders also further re-affirm the commercial logic of our investment in PSK."

Current stock price: 63.24 pence each, down 0.4% on Wednesday

12-month change: down 8.4%

By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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17 Oct 2022 15:05

MTI Wireless Edge gets orders for new 5G antenna solution

(Sharecast News) - Communications and radiofrequency technology company MTI Wireless Edge announced new orders for its antenna division on Monday.

Read more
17 Oct 2022 13:01

IN BRIEF: MTI Wireless wins USD650,000 order from customer in India

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology company - Says its Antenna division has received orders worth around USD650,000 for its 5G backhaul antenna solution, to be supplied this quarter. Adds that the orders are from an unnamed existing customer, for deployment in India.

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6 Oct 2022 14:49

IN BRIEF: MTI Wireless wins contract with local customer in Israel

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology company - Says its Antenna division has won a contract worth about USD600,000 from an unnamed local customer in Israel. Says the contract is for the development and delivery of several prototype antennas for defence use, which are to be supplied in the next 12 months.

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6 Oct 2022 12:44

MTI Wireless Edge wins $0.6m prototype antenna contract

(Sharecast News) - Communication and radiofrequency technology company MTI Wireless Edge announced on Thursday that its antenna division has won a contract worth about $0.6m, from a local customer in Israel.

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15 Aug 2022 12:11

MTI Wireless Edge reports 'good' first half trading

(Sharecast News) - Communications and radio frequency technology company MTI Wireless Edge reported good first-half revenue growth on Monday, up 6% to $22.7m.

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15 Aug 2022 10:33

MTI Wireless revenue rises as order book remains strong

(Alliance News) - MTI Wireless Edge Ltd on Monday announced an increase in revenue as demand for all divisions rose and supply chain costs were passed on.

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18 Jul 2022 10:14

MTI Wireless Edge subsidiary wins contract with Israeli Ministry of Defence

(Sharecast News) - Technology group MTI Wireless Edge said on Monday that its distribution and professional consulting services unit had secured a three-year contract with the Israeli Ministry of Defence.

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18 Jul 2022 10:08

MTI Wireless wins three-year contract with Israeli Ministry of Defence

(Alliance News) - MTI Wireless Edge Ltd on Monday said that its Distribution & Professional Consulting Services division has won a three-year contract with the Israeli Ministry of Defence.

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23 Jun 2022 11:33

IN BRIEF: MTI subsidiary secures orders with Italian resellers

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Says its subsidiary Mottech Water Solutions Ltd has secured several orders through its Italian resellers, from both existing and new agricultural & water distribution customers. The orders are worth around EUR1 million and will all be delivered in the third quarter of 2022.

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23 Jun 2022 07:16

MTI Wireless subsidiary secures multiple orders through Italian resellers

(Sharecast News) - Radiofrequency technology group MTI Wireless Edge's Mottech Water Solutions subsidiary has secured several orders through its Italian resellers, totalling approximately €1.0m.

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23 May 2022 11:09

IN BRIEF: MTI Wireless report higher quarterly profit as demand rises

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology company - Reports higher quarterly profit for the quarter ended March 31. Pretax profit climbs to USD970,000 from USD900,000 a year ago. Revenue rises 12% to USD11.2 million from USD10.0 million. "Demand across all three divisions for their respective products and services has increased," says Chief Executive Officer Moni Borovitz.

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24 Mar 2022 17:18

MTI Wireless Edge subsidiary Mottech wins monitoring contract

(Alliance News) - MTI Wireless Edge Group Ltd on Thursday said its subsidiary Mottech Water Solutions Ltd won a contract to monitor fountains on behalf of one of Israel's largest cities.

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24 Mar 2022 10:03

MTI Wireless Edge subsidiary wins contract with Israeli city

(Sharecast News) - Technology group MTI Wireless Edge has secured a new contract valued at approximately $500,000 with to monitor and partially control over 30 fountains on behalf of one of Israel's largest cities.

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