Addvalue Tech

Wow.. G Invacom chiong from 19 cents to 55 cents in just a few weeks.

Another similar company dealing with Satellite communication is ADDVALUE TECH.

Will it move like G Invacom too?

why is it so?

JIRO wrote: why is it so?

similar nature.. satellite communication

www.mti.gov.sg/NewsRoom/Pages/Mr-S-Iswar...Convention-2014.aspx


Mr S Iswaran at the Global Space and Technology Convention (GSTC) 2014
Introduction

It is my pleasure to join all of you at this year?s Global Space Technology Convention (GSTC), which is now into its sixth successful run. I am heartened to see such a good turnout from the space community this morning.



Good progress made in developing Singapore?s space industry



At last year?s convention, I had shared with you the establishment of the Office for Space Technology and Industry (OSTIn), to drive and promote the growth of Singapore?s space industry. This was in recognition of the industry?s growth potential, and its ability to create attractive jobs for our increasingly educated workforce.



In support of efforts to develop and grow Singapore?s space industry, the Government had also announced the establishment of a $90 million Satellite Industry Development Fund at Budget 2013. This fund supports industry development efforts, and public-private partnerships in R& D, to build up our satellite capabilities.



Since then, we have witnessed encouraging progress in Singapore?s space industry. 2013 saw Singapore becoming a partner for companies to grow their satellite businesses, develop technologies, and export new solutions to the world.



In particular, I am heartened by the progress of Singapore companies, in adjacent sectors such as precision engineering, electronics and info communications, who have begun to leverage on their existing capabilities to develop innovative space-based solutions.



Addvalue Technologies, a local medium-sized enterprise, is one good example. With OSTIn?s support, it is building on its expertise in radio-frequency technologies to develop a satellite-based terminal that enables data transfer between satellites in the low earth (LEO) and geo-stationary (GEO) orbits. This innovation could allow for a more efficient use of ground networks, and enable timely access to a greater amount of data. Building on such exciting projects, OSTIn will continue to work with our local industry players to enhance their expertise and capabilities to deliver satellite technologies.

Just my dream. I dream of Temasek taking a stake in Addvalue Tech

They are venturing into China too.

From their financial results 3Q14
3 The promising market hailing from China. We are currently aggressively pursuing the lucrative Chinese market. To date, we have successfully collaborated with a Chinese partner to develop a satellite terminal specially customized for the Chinese market. This product, having been endorsed and approved by our customer in China and is currently under sea trial, is expected to be launched by the first half of FY2015.

And also:

haha.. Singapore wants develop space industry.

MR S ISWARAN, MINISTER (PRIME MINISTER’S OFFICE) AND SECOND MINISTER FOR HOME AFFAIRS AND TRADE & INDUSTRY : At last year’s convention, I had shared with you the establishment of the Office for Space Technology and Industry (OSTIn), to drive and promote the growth of Singapore’s space industry. This was in recognition of the industry’s growth potential, and its ability to create attractive jobs for our increasingly educated workforce.

So perhaps Addvalue is the pioneer in this field in Singapore. So buy now when no one is noticing just my view. I may be wrong, but let time tell whether I am correct

Addvalue Tech will benefit from Singapore spending in Space industry. Office for Space Technology and Industry (OSTIn) was established and is at a nurturing stage, and spell huge potential for the industry. After Biotech, next one Space Industry perhaps.

www.edb.gov.sg/content/edb/en/news-and-e...gy-and-industry.html