NewTimeSpace News:On March 13, 2026, the board of directors of Addvalue Technologies released an announcement, announcing the launch of strategic optimization initiatives for its IDRS business. The core measure is the establishment of a special working group, which will leverage external professional expertise to fully unlock the market value and development potential of the IDRS business.

According to the announcement, the special working group will advance a range of strategic options, including but not limited to forming strategic alliances, conducting mergers and acquisitions, and implementing other capital market positioning strategies, with a key focus on development opportunities in the US market.

The announcement specified that this initiative is underpinned by the sustained sound development of Addvalue Technologies' IDRS business: the space connectivity-related business delivered a robust performance in Fiscal Year 2025; entering Fiscal Year 2026, the IDRS business has continued to progress steadily, with Addvalue Technologies securing multiple orders for Inter-Satellite Data Relay System (IDRS) terminals, amounting to a total of US$13.6 million.

Addvalue Technologies stated that against the backdrop of substantive progress made in its IDRS business, it is timely to set up the special working group and engage external professional guidance. The core objectives of this move are to strengthen the company's balance sheet, expand its business capabilities, and fully seize the market opportunities presented by the IDRS business and its related services.

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