#VELA Vela Technologies plc – Investee Company #MTI Wireless Edge Ltd – Contract Win October 17, 2022 – 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 Antenna division has received orders worth approximately US$0.65 million for its 5G backhaul antenna solution, to be supplied this quarter. The orders are from an existing customer to be deployed in India. MTI’s Antenna division General Manager, Dov Feiner, commented: “We have been waiting for the 5G backhaul market…