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New contract win could launch Addvalue into orbit: NRA

Stanislaus Jude Chan
Stanislaus Jude Chan4/27/2018 3:39 PM GMT+08  • 2 min read
New contract win could launch Addvalue into orbit: NRA
SINGAPORE (Apr 27): NRA Capital says Addvalue Technologies is likely to rake in some US$10 million ($13.3 million) in revenue from its first major commercial Inter-Satellite Data Relay System (IDRS) contract win earlier this week.
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SINGAPORE (Apr 27): NRA Capital says Addvalue Technologies is likely to rake in some US$10 million ($13.3 million) in revenue from its first major commercial Inter-Satellite Data Relay System (IDRS) contract win earlier this week.

Addvalue on Wednesday announced it won a contract with a satellite service provider for the customised design and supply of IDRS terminals, which are to be installed on the customer’s fleet of Low Earth Orbiting (LEO) satellites.


See: Addvalue Tech announces first major commercial IDRS contract win

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