MTIX Ltd, which has its headquarters in Huddersfield, West Yorkshire, U.K has awarded Digital Power Corporation (NYSEMKT:DPW) a $50 million purchase order over a duration of 3 years. The purchase order will see the Digital Power Corporation manufacture, install and service textile treatment systems that will take advantage of the proprietary Multiplexed Laser Surface Enhancement (MLSE™) system by MTIX.
Some of the top reliable sources reveal MTIX’s intentions to develop an environmentally friendly as well as a more cost effective material synthesis technology that will feature a virtual dry process plus an advanced breakthrough technology for the various textile applications targeting to utilize the MLSE™ system widely known to combine laser energy, high voltage and high frequency electrical discharge plasma in imbuing textiles with the most attractive technical characteristics.
The recent purchase order is a major representation of the far the company hopes to move in the pursuit of business success. The order is expected to advance the company’s power solution core technology business and along the same line open up new market opportunities. The Company’s President who is at the same time the Chief Executive Officer, Mr. Amos Kohn believes that the company’s well-established international manufacturing and engineering capabilities most probably makes it the best partnering option for MTIX Ltd.
The company is looking forward to leverage its UK based subsidiary, a move that will see it manufacture, install as well as service the initial systems in the associated order for the European based clients. He remains a firm believer in the fact that the top-notch company’s expertise in the area of power solution systems for the commercial and defense markets will go a long way in the designing of the MLSE™ system.
The MLSE™ system comprises of sophisticated energy system and plasma. The purchase order moves in at a time when the company is working hard to obtain new business opportunities. Through a number of the company’s strategic investments, the company confidently announced its indirect interest in MTIX‘s proprietary technology. It goes without saying that indeed the advanced MLSE™ technology is applicable to a wide range of materials and textiles as well as the environmental benefits.
