SINGAPORE (April 21): Addvalue Technologies (AVT) is perfecting a system that could enable satellites orbiting the earth to communicate with one another, and be used more efficiently.

Besides boosting the profitability of the still loss-making group, the new system might also be spun off as a separately listed company at a valuation that is more than one-third of AVT’s current market capitalisation.

AVT builds and sells mobile satellite communication terminals. Satellite operators Inmarsat and Thuraya Telecommunications Co provide airtime to customers who buy the terminals.

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