0646 GMT - Addvalue Technologies is likely a rare growth stock in space and drone industries, Maybank Research's Jarick Seet says in a research report. Its 'Inter-Satellite Data Relay System' and 'Advanced Digital Radio Services' will benefit from the surge in customer satellite launches and demand for anti-drone solutions, the analyst says. The Singapore-listed communications technology products developer turned around to profitability in FY 2025, together with rising demand and investment in the space sector. The company's Advanced Digital Radio Services segment capitalizes on its expertise in reconfigurable embedded platforms and software-defined radios. Maybank Research initiates coverage of the stock with a buy rating and a target price of S$0.12. Shares are 2.3% higher at S$0.09. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 20, 2026 01:46 ET (06:46 GMT)
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