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INVISIO AB ( (SE:IVSO) ) just unveiled an announcement.
INVISIO AB has secured a framework agreement with the Netherlands Ministry of Defense, potentially valued at SEK 365 million over a period of up to seven years. This agreement, initially set for five years with options for extension, involves the supply of INVISIO’s personal communication systems, including new headsets and control units, marking a significant endorsement of the company’s product investments and enhancing its position in the defense sector.
The most recent analyst rating on (SE:IVSO) stock is a Hold with a SEK349.00 price target. To see the full list of analyst forecasts on INVISIO AB stock, see the SE:IVSO Stock Forecast page.
More about INVISIO AB
INVISIO develops and sells advanced communication systems that provide hearing protection and enable professionals in noisy and mission-critical environments to communicate and operate effectively. The company operates under the brands INVISIO and Racal Acoustics, leveraging expertise in acoustics and human hearing, along with engineering knowledge in software and materials technology. INVISIO’s sales are conducted through its head office in Copenhagen, with additional sales offices in the USA, France, the UK, Italy, and Thailand, as well as a global network of partners and resellers. The company is listed on Nasdaq Stockholm.
Average Trading Volume: 89,724
Technical Sentiment Signal: Buy
Current Market Cap: SEK13.83B
Learn more about IVSO stock on TipRanks’ Stock Analysis page.