New contract win could launch Addvalue into orbit: NRA
Stanislaus Jude Chan • • 2 min read
SINGAPORE (Apr 27): NRA Capital says Addvalue Technologies is likely to rake in some US$10 million ($13.3 million) in revenue from its first major commercial Inter-Satellite Data Relay System (IDRS) contract win earlier this week.
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SINGAPORE (Apr 27): NRA Capital says Addvalue Technologies is likely to rake in some US$10 million ($13.3 million) in revenue from its first major commercial Inter-Satellite Data Relay System (IDRS) contract win earlier this week.
Addvalue on Wednesday announced it won a contract with a satellite service provider for the customised design and supply of IDRS terminals, which are to be installed on the customer’s fleet of Low Earth Orbiting (LEO) satellites.
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