SINGAPORE- Singapore stock market news today is that Addvalue Technologies made an agreement with Premier Global Satellite Service Company. Addvalue is a Singapore established organization since 1994, the organization is specialized in leading one-stop digital, wireless and broadband communications technology products innovator, which provides state-of-the-art satellite-based communication terminals and solutions for a variety of voice and IP-based data applications.
Satellite communication organization Addvalue Technologies said on June 7, Thursday, that it has concurred with a current client - depicted as a "chief worldwide satellite administration organization" - to give information gathering administrations from now to no less than 2026.
This goes ahead best of the primary business Inter-Satellite Data Relay System (IDRS) get that Addvalue marked with this unidentified client not long ago. This agreement includes Addvalue giving an altered outline and supply of IDRS terminals.
This could be good options for the share investment for the investors.
It said that the two understandings are assessed to yield repeating yearly incomes of more than US$40 million (S$53.3 million) to the gathering once the tasks are finished. The conveyance for the IDRS Terminals is because of beginning this year.
"Because of business affectability and the gathering's non-revelation undertaking to the client, the gathering can't give more insights about the client at this point," said Addvalue in its administrative recording on Thursday.
"More insights about the client should be outfitted once the gathering is exculpated of its non-revelation undertaking to the client."
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| Addvalue Technologies made an agreement with Premier Global Satellite Service Company |
Satellite communication organization Addvalue Technologies said on June 7, Thursday, that it has concurred with a current client - depicted as a "chief worldwide satellite administration organization" - to give information gathering administrations from now to no less than 2026.
This goes ahead best of the primary business Inter-Satellite Data Relay System (IDRS) get that Addvalue marked with this unidentified client not long ago. This agreement includes Addvalue giving an altered outline and supply of IDRS terminals.
This could be good options for the share investment for the investors.
It said that the two understandings are assessed to yield repeating yearly incomes of more than US$40 million (S$53.3 million) to the gathering once the tasks are finished. The conveyance for the IDRS Terminals is because of beginning this year.
"Because of business affectability and the gathering's non-revelation undertaking to the client, the gathering can't give more insights about the client at this point," said Addvalue in its administrative recording on Thursday.
"More insights about the client should be outfitted once the gathering is exculpated of its non-revelation undertaking to the client."
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