08:58 AM EDT, 07/03/2024 (MT Newswires) -- Baylin Technologies ( BYLTF ) said Wednesday that its subsidiary Galtronics Embedded Antenna Group received a multi-year, multi-million dollar award for a 4G/5G mobile antenna solution.

Baylin ( BYLTF ) said the customer is a U.S. computer networking company that is seeking to provide a 4G/5G antenna solution for its mobile customer premise equipment product. The solution will also be used within the public safety sector.

"Our Galtronics embedded business has been growing consistently, and the continued pace of wins like this is important for our longer-term future," Baylin ( BYLTF ) CEO Leighton Carroll said.

Baylin's ( BYLTF ) share price fell 9.8% yesterday to $0.23 in TSX.