LEI: 213800FLQUB9J289RU66
7 September 2026
BATM Advanced Communications Limited
("BATM" or "the Group")
New $1.0m order from leading U.S. Broadband Provider
BATM secures second order from significant new customer
BATM (LSE: BVC; TASE: BVC), a global provider of advanced network infrastructure and cybersecurity technologies, is pleased to announce that it has received a second order from a leading broadband communications provider in the US that serves more than 1.1 million residential and business customers across 24 states. The order for one of BATM's Carrier Ethernet products is worth $1m and is expected to be delivered in the current financial year.
This new order follows the Group having delivered the majority of its first order from this customer, which was worth $0.5m as announced on 25 June 2026. To receive this larger, second order in such short succession reflects the strength of the Group's Carrier Ethernet portfolio and its service provision. The customer is amongst the top 10 largest companies in the U.S. in the cable and broadband sector, with reported annual revenue of $1.5bn in 2025. As previously noted, securing this customer follows the Group's targeted investment over the past year in its sales and marketing efforts, including the hiring of additional sales resources, with a particular focus on the North and Latin American markets and on large-scale telecommunications providers. The Group was selected over the incumbent provider due to the high-level specification of the product and BATM's ability to deliver the order within a shorter timeframe.
Moti Nagar, Chief Executive Officer of BATM, said: "When we received our initial order from this significant new customer, we said that we expected more to come - and it is great that this has happened so quickly. It represents excellent progress in our strategy to expand BATM's presence in the North American market and with blue-chip service providers. It also reflects the strength of our Carrier Ethernet products, which provide reliable and scalable connectivity alongside rapid deployment and easy management. We look forward to continuing to expand our relationship with this customer as well as securing new business from other leading operators."
Enquiries
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BATM |
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Moti Nagar, Chief Executive Officer |
+972 9866 2525 |
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Lior Miles, Chief Financial Officer |
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Shore Capital |
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Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory) |
+44 20 7408 4050 |
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Gracechurch Group |
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Harry Chathli, Claire Norbury |
+44 20 4582 3500 |
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KK Advisory |
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Kam Bansil, Steve Keeling |
+44 20 7039 1901 |
Forward-looking statements
This document contains forward-looking statements. Those statements reflect the current opinions, evaluations and estimations of the Group's management, and are based on the current data regarding the Group's business as is detailed in this document and in the Group's periodical, interim and immediate reports. The Group does not undertake any obligation or make any representation that actual results and events will be in line with those statements, and stresses that they may differ materially from those statements, due to changes in the Group's business, market, competition, demand for the Group's products or services, general economic factors or other factors that can influence the Group's business and results, due to the risk factors that are detailed in the Group's Annual Report, and due to information and factors that are currently unknown to the Group's management and that, if known, would affect the management's opinions, evaluations or estimations. The Group will report the actual results and events according to its legal, accounting and regulatory obligations, and does not undertake any other obligation to report them or their deviations from the forward-looking statements, or to update any of the forward-looking statements in this document or to report that it is not valid anymore.