Addvalue Technologies has won new orders worth US$2.8 million. Just on Nov 17, the company announced it won contracts worth US$3.6 million.
With the latest wins announced on Nov 30, Addvalue's order book has reached US$19.2 million.
The orders came from two existing clients. One is from Asia Pacific and the other is from the Americas.
Addvalue is to provide multiple inter-satellite data relay system terminals to support the expansion of the space missions of the clients.
As usual, the company could not disclose further details about the new orders and who the customers are.
Nonetheless, it expects these new orders to be "substantially fulfilled" in the coming year, to have a "material positive" impact on its coming financial year.
See also: Skylink announces new engineering service contract wins and new property lease signing
Addvalue Technologies last traded at 4.4 cents. It is up 340% year to date.
