Addvalue Technologies Secures New US$5.1 Million Order for Space Connectivity Business

NewTimeSpace News: Addvalue Technologies announced on June 8 that its Space Connectivity (SPC) business has secured new orders worth approximately US$5.1 million from three unrelated clients. The orders are for procurement of inter-satellite data relay system terminals to support earth observation and on-orbit service missions.

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.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.