The new sales orders were garnered through the company’s reconfigurable embedded system (RES)-related business, which rides on its in-house FPGA-based re-configurable hardware development and Software Defined Radio (SDR) capability.
Addvalue says it is also confident in converting its “long list of prospects” from its partnerships with global leaders like AVNET into more concrete orders of around $3.0 million in FY2022.
Shares in Addvalue closed 0.3 cent higher or 33.33% up at 1.2 cents on Aug 18.
Photo: Addvalue
