MTI Wireless Edge secures new million-dollar contract

Flat panel antenna manufacturer and provider of wireless irrigation solutions, MTI Wireless Edge, announced on Wednesday that it has secured a new contract from an unnamed existing customer for the development and manufacture of an antenna solution for a military application.

The AIM-traded firm said the contract was worth approximately $1million and is expected to be delivered over the next 25 months.

“We are delighted with this contract win, which shows again our advanced technology and development capabilities,” said MTI CEO Dov Feiner.

“We believe that this order, from a recurring customer, demonstrates the customer's satisfaction with our service and product, as well as our long-term relationship.”