NewTimeSpace News:On March 9, 2026, the board of directors of Addvalue Technologies Ltd announced that the Group has successfully won multiple new orders with a total value of approximately US$3.7 million, driven by its space connectivity (SPC)-related business, a core growth engine of the Group.

According to the announcement, the new orders mainly cover multiple IDRS terminals and are placed by four established clients, which plan to deploy IDRS services across a variety of space missions. Notably, over the past four months, Addvalue Technologies Ltd has released three announcements on the Singapore Exchange, with cumulative sales of IDRS terminals amounting to US$9.9 million. This underscores the growing prominence of IDRS as a leading space communication solution in the Low Earth Orbit (LEO) satellite industry.

The announcement indicated that after including the new orders, the Group's current total order book stands at US$26.4 million. It is expected that the new orders will be substantially fulfilled within the next 12 months and will have a material positive impact on the Group's financial performance for the financial year 2027.

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