Ovzon has signed an agreement of 240 MSEK with European NATO customer
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Small Cap Stockholm |
| Sektor | Informationsteknik |
| Industri | Kommunikation |
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Ovzon has signed an agreement with a European NATO country’s defense organization. The agreement comprises the company’s complete Ovzon 3-based SATCOM solution and includes satellite networks for an initial six-month period, with service commencement during the first quarter of 2026, Ovzon mobile satellite terminals, and dedicated customer support. The total order value amounts to 240 MSEK (~25.2 MUSD), of which approximately 60 percent is attributable to Ovzon mobile satellite terminals. Terminal deliveries are expected to be carried out progressively during 2026.
Ovzon 3 is a Swedish-developed geostationary communications satellite equipped with a unique advanced On-Board-Processor, enabling high data rates, low signature on ground and direct user-to-user connectivity without reliance on ground infrastructure. Combined with Ovzon’s compact mobile satellite terminals, the solution delivers unmatched performance, mobility, and resilience in even the most contested environments.
“We are honored to support this NATO country at a very important time when Europe’s collective defense capability is strengthened. Ovzon’s mobile satellite communications solutions are strategically vital for all types of customers with critical mission operations. This agreement is further proof of Ovzon’s strong commercial and operational development in 2025. We enter 2026 with a strong order backlog,” says Per Norén, CEO of Ovzon.