Addvalue to unlock value from Inter-Satellite Data Relay System business amid Singapore’s space push
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Addvalue Technologies aims to enhance its Inter-Satellite Data Relay System (IDRS) business amid Singapore's space initiative. The company plans to explore strategic options, including mergers and acquisitions, to unlock market value, particularly in the US. For FY2025, Addvalue reported a net profit increase to nearly US$2 million, driven by a 21.6% revenue rise. The IDRS business continues to grow, with orders totaling US$13.6 million secured for FY2026. Analysts suggest Addvalue is well-positioned to benefit from Singapore's expanding space economy.
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