#VELA Vela Technologies – Investee Company #MTI MTI Wireless Edge Ltd – Contract Win October 6, 2022 – Posted in: Blog, 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 Antenna division has won a contract worth approximately US$0.6 million from a local customer in Israel. The contract is for the development and delivery of several prototype antennas for defense use, which are to be supplied in the next 12 months. If the prototypes meet the specialist performance criteria,…