Home News Contracts

Addvalue to supply Indonesian partner with US$1 mil VSAT solution for military use

PC Lee
PC Lee7/3/2019 10:30 PM GMT+08  • 2 min read
Addvalue to supply Indonesian partner with US$1 mil VSAT solution for military use
SINGAPORE (July 3): Addvalue Technologies has entered into an agreement with an Indonesian company which specialises in providing satcom and IT solutions to the Indonesian government and its military agency.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 3): Addvalue Technologies has entered into an agreement with an Indonesian company which specialises in providing satcom and IT solutions to the Indonesian government and its military agency.

Under the agreement, the partner will purchase a minimum of US$1 million ($1.35 million) in worth of Addvalue’s proprietary Very Small Aperture Terminal (VSAT) solution for the next 12 months, with an initial order of US$100,000 placed for immediate delivery.

The said agreement is renewable annually, subject to mutually agreed minimum order commitment from the Partner for the subsequent 12 months.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.