#VELA Vela Technologies Investee Co. – #MTI MTI Wireless – CONTRACT WIN November 7, 2023 – Posted in: Vela Technologies Plc (VELA) – Tags: , ,

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

Moni Borovitz, CEO

+972 3 900 8900

http://www.mtiwirelessedge.com

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