Addvalue secures $3.64m in space orders, lifts order book to $24.96m

New IDRS terminal contracts were awarded by two existing clients.

Addvalue Technologies Ltd announced new orders totalling $3.64m (US$2.8m) for its Inter-Satellite Data Relay System (IDRS) terminals from two existing clients in the Asia Pacific region and the Americas.

The orders relate to the expansion of the clients’ ongoing space missions, according to a press release.

The contracts follow Space Connectivity-related orders worth $4.68m (US$3.6m) announced on 17 November 2025, bringing the company’s order book to $24.96m (US$19.2m). Addvalue said the latest orders reflect continued utilisation of its terminals across multiple programmes.

The new orders are scheduled for fulfilment within the next 12 months and, if completed as planned, would contribute to the group’s next financial year. Addvalue confirmed that none of its directors or substantial shareholders has any direct or indirect interest in the contracts.

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