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Kitron ASA ( (GB:0F0J) ) has shared an announcement.
Kitron ASA has secured a 44 million euro order to produce and deliver advanced electronic components for energy storage and grid balancing systems, driven by surging demand from the rapidly expanding data center market where large-scale electrification and power balancing are becoming critical. Deliveries are scheduled to begin in 2026 from Kitron’s U.S. facility, a move that expands existing business, reinforces its position as a key supplier to energy-intensive digital infrastructure, and strengthens its presence near emerging data center clusters in a strategically important growth segment.
More about Kitron ASA
Kitron ASA is a leading Scandinavian electronics manufacturer providing production and related services for the connectivity, electrification, industrial, medical equipment and defense/aerospace sectors. With operations across Europe, Asia and the United States, around 3,000 employees and 2024 operating revenues of 647 million euros, the company focuses on complex, dependable electronics for a broad base of global customers.
Average Trading Volume: 503,812
Current Market Cap: NOK14.43B
See more data about 0F0J stock on TipRanks’ Stock Analysis page.