MTI Wireless Edge - Examining the enlarged company
MTI Wireless Edge (LON:MWE) is a technology group focussed on communication and radio frequency solutions. The applications addressed include civil and military communications, wireless irrigation controls, and speciality consulting services in the antennas and electronics space.
MTI benefits from strong growth dynamics across its business segments. We are forecasting 21% EPS CAGR over the 3 years 2018-2020e. In this report, we examine some of the growth drivers. These include structural demand growth in wireless networks, water conservation demands in irrigation, and new contract wins in the defence/security and consulting businesses.
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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