Addvalue’s order book jumps to $20.5m

The order includes multiple Inter-Satellite Data Relay System terminals.

Addvalue Technologies has received an additional order, through its Space Connectivity-related Business, worth $2m (US$1.5m), bringing the company’s current order book to $20.5m (US$15.3m).

In a regulatory announcement, Addvalue said the expanded order includes multiple Inter-Satellite Data Relay System terminals for a large technology customer.

The company said deliveries are expected over the next 12 months.

($1=US$0.74)

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