Organic growth drivers
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Organic growth is, and continues to be, a prime
driver of MTI’s success, reflecting the underlying strength of the business.
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The main drivers of organic growth are:
v
Substantial demand potential from mobile
operators to progress their 5G network upgrades. With unique Flat and Parabolic
Antennas, alongside a Dual Band solution, MTI is ideally placed to benefit
significantly as a leading supplier of 5G backhaul antennas.
v
Global water usage is outpacing the growth in
the world’s population, at the same time as the impacts of climate change are
making fresh water supply even less predictable and reliable. Thus demand for
water management systems is rapidly increasing.
v
Increased defense budget spending. Israel is a
natural incubator for new defense technologies and MTI has substantial defense
connections. MTI also has a strong presence in India, which MTI’s customers are
using to conform to India’s Defense Offset Guidelines which dictate, in
general, that 30% of any defense contract must be completed in India.
·
The combination of these factors ensures that
MTI is ideally positioned to grow going forward.