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Addvalue Technologies wins new US$1.5 mil order from repeat customer

The Edge Singapore
The Edge Singapore  • 1 min read
Addvalue Technologies wins new US$1.5 mil order from repeat customer
The company's order book now totals US$16.1 million
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Addvalue Technologies has won a US$1.5 million order from a repeat customer, which will have a "material positive impact".

With this order, Addvalue Technologies has a total order book of US$16.1 million. 

The order, to be delivered over the coming year, is to supply its own software defined and radio frequency communication modules, part of its advanced digital radio-related business.

"Due to non-disclosure obligations, the group is currently prevented from disclosing further details about the new order and the customer involved," says Addvalue Technologies.

"Further details concerning the new order and the said customer will be made available as soon as the group is freed of its non-disclosure obligations," the company adds.

Addvalue Technologies shares last traded at 1.1 cents.

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