#VELA investee co. #MWE MTI Wireless Edge LTD – Interim Results and Enlargement of share buy-back programme August 21, 2024 – Posted in: Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to today announce its financial results for the six month period ended 30 June 2024.   ‘Solid H1 – well placed for continued growth’ Financial highlights ·    Revenues level at US$22.3m (H1 2023: US$22.3m) ·    18% increase in EBITDA* to US$3.3m (H1 2023: US$2.8m) ·    Profit before tax increased 10% to US$2.3m (H1…

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#VELA investee co. #MTI MTI Wireless Edge Ltd – Establishment of new subsidiary in India July 21, 2023 – Posted in: Uncategorized, Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce the establishment of its subsidiary, ‘MTI Wireless Communication India Private Limited’, to cater to the demand for cutting-edge antennas in India’s rapidly evolving 5G cellular market. As a key player in the antenna technology space for over 60 years, MTI has consistently provided innovative and reliable solutions to global clients, including…

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