MTI Wireless Edge Limited (LON:MWE) is a world leader in developing and manufacturing high quality and cost effective antenna solutions for commercial and military applications, as well as control systems for remotely operated smart irrigation systems. The company has achieved strong growth in recent years, with a three-year revenue compounded annualises growth rate (CAGR) of 22% and an earnings per share (EPS) CAGR of 70%. These dynamics have supported a share price increase of 170% over the three years.
MTI Wireless Edge is engaged in the development and manufacture of antennas and antenna systems for myriad wireless markets. Co.'s product range encompasses a myriad of mainstream and niche applications, including wireless telecommunications applications for the commercial markets, as well as airborne, naval and tactical military antennas. Through its subsidiary, Co. also provides remote control solutions for water and irrigation applications based on Motorola IRRInet control, monitoring and communication technologies. Co. has operations in Israel, India, the U.S., South Africa and Australia.
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