Demand is building up for the antennas manufactured by MTI Wireless Edge (LON: MWE) and it is not just from 5G telecoms. Along with the continued strong demand for the company’s other businesses, this underpins strong growth for the next couple of years at least.
Recent wins for space and naval uses show the strength of the technology. The naval deal with Ultra Electronics involves the design and supply of antennas worth $570,000 over a 20-month period. There should be further orders after that.
5G demand continues to grow. First half antennas revenues declined, but the profit co...
