Addvalue Technologies Ltd Addvalue Technologies Secures Order Worth $1.5 Million; Shares Slide 9%

MT Newswires

12 Dec 2024

Addvalue Technologies Ltd (SGX:A31) ’s shares fell about 9% recently.

Addvalue Technologies Ltd (SGX:A31) secured an order worth $1.5 million through its space connectivity-related business, a filing with the Singapore Exchange said on Wednesday.

The repeat order includes multiple numbers of Inter-Satellite Data Relay System (IDRS) terminals from an existing client, the filing said.

The new order takes the company's order book to $15.3 million, with the latest order expected to be fulfilled within the next 12 months.

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