Addvalue Technologies: Secures US$2.9 Million in Space Communication Orders

NewTimeSpace News: Addvalue Technologies announced on April 28 that the Group has secured three new orders totaling approximately US$2.9 million through its space connectivity business, involving the acquisition of Inter-Satellite Data Relay System (IDRS) terminals.

NewTimeSpace News: On April 28, 2026, Addvalue Technologies announced that the Group has secured new orders totaling approximately US$2.9 million through its space connectivity business from three clients, including one new account. The orders are for the acquisition of IDRS terminals, and the clients intend to enhance their space operations through the deployment of IDRS services.

The announcement stated that together with previously disclosed orders, the Group has accumulated a total of US$13.6 million in orders for IDRS terminals. Addvalue Technologies expects the new orders to be substantially fulfilled within the next 12 months and to have a material positive impact on the Group's next financial year.

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