Addvalue Technologies books 6.9 million Singapore dollars in new space connectivity deals

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Addvalue Technologies books 6.9 million Singapore dollars in new space connectivity deals

SGX Filings06-08 08:07

Addvalue Technologies (A31) announced it has secured new contracts worth about 6.9 million Singapore dollars for its Space Connectivity business from three unrelated customers, including one new client. The orders cover multiple Inter-Satellite Data Relay System (IDRS) terminals to support upcoming Earth-observation and in-orbit service missions.

The company added that these commitments follow earlier IDRS orders of roughly 3.9 million Singapore dollars revealed on Apr, 28 2026, further consolidating the solution’s position in the low-Earth-orbit satellite communications market.

With the latest wins, Addvalue Technologies’ order book has risen to approximately 31.5 million Singapore dollars as of Jun, 08 2026. The firm expects most of the new projects to be delivered within the next 12 months and to contribute materially to its current financial year ending FY2027.

The company said no director or substantial shareholder has any direct or indirect interest in the contracts.

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