#VELA TECHNOLOGIES PLC – INVESTEE CO. #MWE – CONTRACT WINS April 19, 2023 – 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 announce that its subsidiary Mottech Water Solutions Ltd (“Mottech”) has secured two long-term contract wins with a large Israeli municipality. The municipality is an existing customer and has agreed longer than previous contracts of five years (one of which is an annual contract but budgeted for five years and includes an option to extend…

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