Addvalue Technologies - Maybank Research 2026-03-19: Potential IDRS Spin-off Listing In The US

Addvalue Technologies Eyes US IDRS Spin‑off to Unlock Value

Published:
Addvalue Tech (SGX:A31) | SGinvestors.io
  • Addvalue Tech (SGX:A31) is working with external professionals to unlock market value and full potential of its Inter-Satellite Data Relay System (IDRS) business in the US.

Exploring US listing

  • - Read this at SGinvestors.io -
  • Addvalue Tech has clinched another US$3.7m of IDRS orders so far in March 2026, boosting its current orderbook to US$26.4m. It remains a Top Pick in our small and mid-cap (SMID) sector.

Potential listing valuation of US$200-300m

  • We expect IDRS will potentially generate US$15-20m in FY27E revenue, which could grow to US$25-30m by FY28E. Its production capacity is currently expanding from 100 to 200 units pa targeted by end -3Q26.
  • - Read this at SGinvestors.io -

Order win momentum still strong

  • Read more at SGinvestors.io.



Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.



Jarick Seet Maybank Research | https://www.maybanktrade.com.sg/ 2026-03-19



Previous report by Maybank:
2026-02-19 Addvalue Technologies - Shooting For The Stars.

Price targets by other brokers at Addvalue Tech Target Prices.

Listing of research reports at Addvalue Tech Analyst Reports.

Relevant links:
Addvalue Tech Share Price History,
Addvalue Tech Announcements,
Addvalue Tech Dividend Payout Dates & Corporate Actions,
Addvalue Tech News






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