MTI Wireless secures $6m in new orders.

Shares in communication and radio frequency solutions firm MTI Wireless Edge traded higher early on Tuesday after revealing it had secured a series of primarily defence sector orders, valued at approximately $6m.

MTI Wireless Edge Ltd.
07 April 2026 09:16:38

Source: Sharecast

Contracts disclosed by the group included a $2.2m deal with Israel's Ministry of Defence, a $1.9m order for military antennas from an international defence client, a further $500,000 domestic contract and around $1.3m in additional component bookings through MTI Summit.

Under the current schedule, MTI Wireless expects the work to be delivered across both 2026 and 2027, adding further visibility to its forward pipeline.

Moni Borovitz, chief executive officer, said: "I'm extremely proud of our sales and marketing teams for securing these orders under the current challenging conditions. Importantly, every order is from an existing customer reflecting the confidence they have in our solutions and ability to deliver. Overall, the volume of orders significantly enhances our order book for FY26 and FY27 and supports our ability to continue to grow our business."

As of 0915 BST, MTI Wireless shares were up 7.14% to 60p.

Reporting by Iain Gilbert at Sharecast.com

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