With these new orders, the company's order book has reached US$10.6 million.
The new orders are to be fulfilled over the next 12 months and will have a material positive impact on the company's current financial year.
On May 30, Addvalue Technologies reported earnings of US$1.53 million for the 2HFY2025 ended March, up 62.2% y-o-y, bringing its full-year earnings to US$1.95 million.
The satellite technology company’s revenue grew 20.5% y-o-y in 2HFY2025 to US$9.83 million, and 21.6% y-o-y in the full year to US$15.53 million.
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Addvalue shares last traded at 1.3 cents.
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