Addvalue Technologies Secures New US$5.1 Million Order for Space Connectivity Business
NewTimeSpace News: On 8 June 2026, Addvalue Technologies issued an announcement stating that its Space Connectivity business has obtained new orders totalling around US$5.1 million from three unrelated parties, including one new client. The orders cover multiple sets of inter-satellite data relay system terminals, which will be deployed for the clients' upcoming earth observation and on-orbit service missions.
Barring unforeseen circumstances, the company expects the deliveries of the new orders to be substantially completed within the next 12 months. These orders will deliver a material positive impact on the financial performance of the current fiscal year.
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