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Addvalue Tech secures new IDRS order worth US$2.1 mil

Bryan Wu
Bryan Wu • 1 min read
Addvalue Tech secures new IDRS order worth US$2.1 mil
Addvalue's current unfulfilled order book stands at US$10.2 million.
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Addvalue Technologies (SGX:A31) has secured a new order worth US2.1 million ($2.8 million) for its space connectivity business on March 27.

The order for inter-satellite data relay system (IDRS) terminals is a repeat order from an existing IDRS customer. 

The latest order has brought the company‘s order book to US$19.4 million, taking into account the US$9.2 million of the order book fulfilled from April 1, 2023 to Feb 29. The current unfulfilled order book stands at US$10.2 million. 

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