Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Norbit ASA ( (DE:4NK) ) has issued an announcement.
Norbit ASA’s Product Innovation & Realization segment has secured contract manufacturing orders worth about NOK 170 million from an undisclosed European customer in the defence and security sector, with most deliveries slated for the first quarter of 2026. Management frames the deal as evidence of continued trust from strategic clients and a validation of Norbit’s recent capacity expansions and investments, underscoring the company’s ability to scale production on relatively short notice in a rapidly evolving defence market, with potential to strengthen its position as a key technology and manufacturing partner in Europe.
More about Norbit ASA
Norbit ASA is a global provider of tailored technology solutions across three main segments: Oceans, Connectivity, and Product Innovation & Realization. The Oceans segment serves global maritime markets with specialized technologies, Connectivity offers wireless solutions for identification, monitoring and tracking, and Product Innovation & Realization supplies R&D services, proprietary products and contract manufacturing. Headquartered in Trondheim with manufacturing in Europe and North America, Norbit employs around 650 people and operates through a worldwide sales and distribution network.
Average Trading Volume: 137,109
Current Market Cap: NOK10.97B
Find detailed analytics on 4NK stock on TipRanks’ Stock Analysis page.