30 August 2018 – contract win
The company has announced the receipt of a follow-on production order from a major European OEM for its Massive MIMO antenna product. The order represents a continuance of demand for the mMIMO antenna for which the initial orders were announced at the start of August. The follow-on order is valued at approximately $1.1m and is in line with the company’s expectations. It should be fulfilled in the current calendar year. The shares remain a SPECULATIVE BUY.