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MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology company - MTI Summit Electronics Ltd subsidiary receives an order worth about €2.6 million for the delivery of radio frequency components to its biggest customers in the defence sector. The company expects the deliveries to be fulfilled by the end of 2025. MTI Wireless Chief Executive Officer Moni Borovitz says: ‘This order is the result of the success of our design wins in recent years. It includes several components that were designed by our team as part of a customer’s solution and we are now seeing the benefit from this customer’s success in the international market.’ Current stock price: 40.00 pence 12-month change: down 9.1% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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