, Singapore
181 views
Photo by NASA on Unsplash.

Addvalue Technologies secures $4.690m new orders for space satellite terminals

Two of its existing clients ordered supplies for their inter-satellite system terminals.

Addvalue Technologies Ltd. announced that it secured $4.690m (US$3.6m) in new order in its space connectivity business.

The orders were for the supply of multiple inter-satellite data relay system terminals from two existing clients, one each from America and Europe, Addvalue said in a bourse filing.

Its clients made the order to either fulfill or multiply their constellations, the firm added.

With the new orders, Addvalue’s order book stands at $22.799m (US$17.5m).

Due to non-disclosure agreements, Addvalue is prevented from disclosing further information about the deal and the customers involved, it said.

USD1 = $1.30 
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.