Ovzon has received a 12-month order from the Ministry of Defence of a European NATO country. The order is for Ovzon’s SATCOM-as-a-Service including a high-performing satellite network, both Ovzon T6 and Ovzon T7 mobile satellite terminals, and dedicated customer support.
The order value amounts to 1.7 MUSD and service will start immediately. “We are honoured to serve a new European country and another NATO member nation during heightened geopolitical uncertainty. As Europe strengthens its collective defence posture, Ovzon’s unique integrated mobile satellite communication solutions with built-in resiliency are a key factor and enabler for mission-critical customers within the defence, national security and public safety”, says Per Norén, CEO of Ovzon.
Facts:
Ovzon offers world-leading integrated mobile satellite communications services, SATCOM-as-a-Service, to customers globally. The services combine high throughput satellite networks, mobile satellite terminals, gateway services, and dedicated customer support. Ovzon’s offerings meet the growing demand for mission-critical connectivity for customers with high performance, mobility and resiliency requirements such as Defense, National security and Public safety. On July 5, 2024, commercial service commenced on Ovzon’s proprietary developed geostationary satellite Ovzon 3. Ovzon has offices in Stockholm, Sweden, Herndon, VA, and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Small Cap.