Myfxtools
  • Login
  • Expert Advisors
  • Forex Signals
    • Best Forex Signals
  • Forex Brokers
  • Forex Trading
    • Forex Guides
    • Analytical Tools
    • Charting Software
  • Crypto Trading
  • Portfolios
No Result
View All Result
  • Expert Advisors
  • Forex Signals
    • Best Forex Signals
  • Forex Brokers
  • Forex Trading
    • Forex Guides
    • Analytical Tools
    • Charting Software
  • Crypto Trading
  • Portfolios
  • Login
Myfxtools
Home News

Ethernity Networks Signs Extended License Contract with U.S. Military Aerospace Customer

by Myfxtools
November 2, 2023
in News
Share on TwitterShare on Facebook

Ethernity Networks, an Israel-based provider of data-processing technology for networking, announced that it has signed an extended license contract worth $475,000 with a tier-1 U.S.-based military aerospace customer. This news has caused Ethernity Networks’ shares to rise by 28% to 4.10 pence as of 0822 GMT.

Anticipated Revenue in 2024

Ethernity Networks expects to generate additional revenue from this customer in 2024. For the fourth quarter, the total anticipated revenue from the customer amounts to $555,000. The company predicts that payments for this contract will be received in November and December, contributing to a total of $1.2 million in license fees with the customer.

Fourth Quarter Revenue Contributions

Ethernity Networks highlights that revenue associated with this license contract, along with other items, is expected to be the main contributors to their overall revenue in the fourth quarter.

“I am grateful to the customer who agreed to support the company during the challenging period Ethernity is currently facing, and look forward to continuing our long-term collaboration through potential future business opportunities,” expressed Chief Executive David Levi.

forex ea chart
Would you like to try out trading with an Expert Advisor?
Check Out Best Forex EAs Here
Tags: Ethernity NetworksLicense ContractrevenuesharesU.S. Military Aerospace
Previous Post

Auto Maker Stocks Receive Upgrades amid UAW Strike Resolution

Next Post

Bitcoin and Cryptocurrencies Surge on Fed Interest Rate Expectations

Next Post

Bitcoin and Cryptocurrencies Surge on Fed Interest Rate Expectations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

+ 1 = 10

Recent Posts

  • Economic Calendar for the Week of June 29th
  • NZD/USD Strengthens as Fed Independence Questioned
  • USD/CNH Seen Ranging Narrowly With Downside Bias Building
  • Euro Climbs as Trump Fed Remarks Boost Rate-Cut Bets
  • Euro Poised for Higher Range on Strong Momentum
  • About Us
  • Contact Us
  • Privacy Policy
  • Risk Disclosure
Myfxtools turns raw trade logs into verified dashboards and AI-driven insights - helping traders see, share, and sharpen their edge.

© 2025, Myfxtools. All rights reserved.

AI Strategy Insight is educational and not financial advice.

  • Expert Advisors
  • Forex Signals
    • Best Forex Signals
  • Forex Brokers
  • Forex Trading
    • Forex Guides
    • Analytical Tools
    • Charting Software
  • Crypto Trading
  • Portfolios

© 2025, Myfxtools. All rights reserved.

AI Strategy Insight is educational and not financial advice.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In