logo-loader

MTI Wireless to deploy tethered balloon system as part of US$1.4mln support services deal

Published: 02:34 30 Apr 2019 EDT

Antennas
The manager of MTI’s system engineering division, Menashe Mani, said going forward the company would “continue to focus on such projects"

MTI Wireless Edge Ltd (LON:MWE) has said it will deploy a tethered balloon system as part of a US$1.4mln deal for installation and integration support services.

The new contract for the AIM-listed antenna seller, which is to be delivered by its system engineering division, will see the balloon deployed over a period of 24 months.

READ: MTI Wireless jumps as it inks deal to develop military antennas

The manager of MTI’s system engineering division, Menashe Mani, said going forward the company would “continue to focus on such projects, their implementation and operation”.

"We are very happy with this contract win, it provides us with another opportunity to continue and serve our customers in this industry”.

Balloon antennas have previously been used by tech giants such as Google to help transmit internet to remote regions, with articifical intelligence used to move the balloons to where coverage is most needed.

BenevolentAI advances novel ulcerative colitis treatment through Phase 1a trial

BenevolentAI (OTC:BAIVF) chief scientific officer Dr Anne Phelan joins Proactive's Stephen Gunnion with positive safety data from the Phase 1a, first-in-human, clinical study of BEN-8744 in healthy volunteers. Phelan explained that BEN-8744 is a potent, selective PD10 inhibitor, uniquely...

52 minutes ago