Addvalue Technologies bags new orders worth US$1.46 million for advanced digital radio-related business
They are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology industry
[SINGAPORE] Satellite-based communication solutions company Addvalue Technologies announced on Thursday (Jul 3) that it has secured several new orders totalling US$1.46 million for its advanced digital radio-related business.
The orders are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology industry.
In addition, they will also increase Addvalue’s order book from US$14.3 million as announced on Jun 26, to US$15.8 million.
The technology-focused holding company expects its order book to be substantially fulfilled in the next 12 months and have a positive impact on the financial performance of the group for the financial year ending Mar 31, 2026, barring any unforeseen circumstances.
None of the directors or substantial shareholders of Addvalue has any interest, directly or indirectly, in these new orders, save for their respective interests held through the company.
The counter closed flat at S$0.015 on Wednesday.
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