MTI Wireless Edge Ltd (LSE:MWE) has announced that its subsidiary, P.S.K Wind Technologies Ltd, has been awarded a defense contract valued at approximately $1.1 million. The deal covers the construction and delivery of integrated shelters for military use and represents the third major order secured by PSK this year. Delivery is expected within 10 months. With a growing order backlog and pipeline, the subsidiary is showing clear signs of recovery and is well-positioned for medium- to long-term expansion.
Analysts note that MTI Wireless Edge’s strong profitability and solid balance sheet support its financial resilience, though fluctuations in revenue and cash flow reflect broader market challenges. Technical indicators point to short-term momentum, while longer-term trends could be more cautious.
About MTI Wireless Edge
Headquartered in Israel, MTI Wireless Edge Ltd is a technology company specializing in communication and radio frequency solutions across a variety of industries. Its operations are divided into three main divisions:
- Antenna Division – supplying advanced antenna solutions for defense and commercial markets.
- Water Control & Management Division – through subsidiary Mottech Water Solutions Ltd, offering remote-control and monitoring systems for irrigation and water applications.
- Distribution & Professional Consulting Services Division – providing consulting, marketing, and distribution for RF and microwave technologies, particularly in defense and government sectors.
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