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MTI Wireless Edge Limited
03 March 2022
Reach non-regulatory announcement*
3 March 2022
MTI Wireless Edge Ltd
("MTI" or the "Group")
Trial order from TIER 1 supplier for 5G antenna innovation
MTI Wireless Edge Ltd (AIM: MWE), the technology group focused
on comprehensive communication and radio frequency solutions across
multiple sectors, is pleased to announce that its Antenna division
has received a trial order, from a TIER 1 OEM vendor, for its new
automatic beam steering ("ABS") antenna solution as part of the
Company's 5G solution.
The global wireless backhaul market is dominated by seven key
OEM vendors. Some of the seven are considered Tier-1 and some are
Tier-2, all of them supply radio equipment to the main cellular
network operators to support the roll-out of 5G infrastructure.
With this order, MTI now works with five out of the seven leading
OEM vendors and this is the first order from a TIER 1 OEM vendor
for the ABS antenna solution.
MTI's main product for the 5G market is a 80 GHz ABS antenna
solution allowing the cellular operator to increase backhaul
capacity and link distance to enable the delivery of the faster,
higher bandwidth, services. However, antenna beams in higher
frequencies, such as E Band, are narrower and are very sensitive to
mast or antenna movements. In response, MTI has developed the ABS
antenna solution, which ensures the antenna automatically adapts to
any small movements or vibrations caused by different climate
conditions, including wind or temperature, and maintains a stable
signal even during difficult conditions.
The order from the TIER 1 OEM vendor is a trial order to enable
it to carry out its own tests on the ABS antenna solution which
currently works in MTI's test range. If successful, this will be an
important technical development, potentially moving MTI's total 5G
solution up the value chain.
MTI's CEO, Moni Borovitz, commented : "While it is early days
for the ABS antenna solution, it is an exciting development which
has the potential to materially expand our 5G offering. The fact we
have already attracted the interest of a new TIER 1 customer, shows
in my view, the potential importance of the product."
For further information please contact:
MTI Wireless Edge Ltd +972 3 900 8900
Moni Borovitz, CEO http://www.mtiwirelessedge.com
Allenby Capital Limited (Nomad and Joint
Broker)
Nick Naylor/Alex Brearley/Piers Shimwell
(Corporate Finance)
Amrit Nahal/David Johnson (Sales and
Corporate Broking) +44 20 3328 5656
Shore Capital (Joint Broker)
Toby Gibbs/John More/James O'Neill (Corporate
Advisory)
Fiona Conroy (Corporate Broking) +44 20 7408 4090
Novella (Financial PR)
Tim Robertson/Fergus Young +44 20 3151 7008
About MTI Wireless Edge Ltd. ("MTI")
Headquartered in Israel, MTI is a technology group focused on
comprehensive communication and radio frequency solutions across
multiple sectors through three core divisions:
Antenna Division
MTI is a world leader in the design, development and production
of high quality, state-of-the-art, and cost-effective antenna
solutions including Smart Antennas, MIMO Antennas and Dual Polarity
Antennas for wireless applications. MTI supplies antennas for both
military and commercial markets from 100 KHz to 174 GHz.
Internationally recognized as a producer of commercial
off-the-Shelf and custom-developed antenna solutions in a broad
frequency range, MTI addresses both commercial and military
applications.
MTI supplies directional and omnidirectional antennas for
outdoor and indoor deployments, including smart antennas for 5G
backhaul, Broadband access, public safety, RFID, base station and
terminals for the utility market.
Military applications include a wide range of broadband,
tactical and specialized communication antennas, antenna systems
and DF arrays installed on numerous airborne, ground and naval,
including submarine, platforms worldwide..
Water Control & Management Division
Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI
provides high-end remote control solutions for water and irrigation
applications based on Motorola's IRRInet state-of-the-art control,
monitoring and communication technologies.
As Motorola's global prime-distributor Mottech serves its
customers worldwide through its international subsidiaries and a
global network of local distributors and representatives. With over
25 years of experience in providing customers with irrigation
remote control and management, Mottech's solutions ensure constant,
reliable and accurate water usage, increase crops quality and
yield, while reducing operational and maintenance costs providing
fast ROI while helping sustain the environment. Mottech's
activities are focused in the market segments of agriculture, water
distribution, municipal and commercial landscape as well as
wastewater and storm-water reuse.
Distribution & Professional Consulting Services Division
Via its subsidiary, MTI Summit Electronics Ltd., MTI offers
consulting, representation and marketing services to foreign
companies in the field of RF and Microwave solutions and
applications including engineering services (including design and
integration) in the field of aerostat systems and the ongoing
operation of Platform subsystems, SIGINT, RADAR, communication and
observation systems which is performed by the Company. It also
specializes in the development, manufacture and integration of
communication systems and advanced monitoring and control systems
for the Government and defence industry market.
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