Addvalue says the orders add credence to its strategic focus on its SPC and ADR-related businesses as two key revenue drivers for growth.
Addvalue Technologies (SGX:A31
) has secured orders totalling US$2.2 million ($3.0 million) for its space connectivity (SPC) and advanced digital radio (ADR) related businesses.
The total order amount comprises US$1.5 million from a new customer and three of Addvalues existing IDRS customers for the supply of Inter-Satellite Data Relay System (IDRS) terminals, as well as US$0.7 million for the supply of its proprietary ADRS1000 modules from a new customer and an existing ADR customer.
