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Ovzon AB ( (SE:OVZON) ) has provided an update.
Ovzon AB has secured a supplementary order worth 58 MSEK from the Swedish Defence Materiel Administration (FMV) for its mobile satellite terminals, to be delivered in the first half of 2026. This follows a broader existing contract with FMV and underscores Ovzon’s market position as a provider of mission-critical, high-performance communication solutions, further solidifying its partnership with FMV and its role in robust, reliable communication services in challenging environments.
The most recent analyst rating on (SE:OVZON) stock is a Hold with a SEK31.00 price target. To see the full list of analyst forecasts on Ovzon AB stock, see the SE:OVZON Stock Forecast page.
More about Ovzon AB
Ovzon AB provides integrated mobile satellite communication services globally, including SATCOM-as-a-Service. Their offerings cater to industries with high demands for performance and resilience, such as defense, national security, and public safety. Their services include high-throughput satellite networks, mobile terminals, and dedicated customer support, with the proprietary Ovzon 3 geostationary satellite commencing commercial service in July 2024. Ovzon is listed on Nasdaq Stockholm Small Cap and has offices in Sweden and the USA.
Average Trading Volume: 419,202
Technical Sentiment Signal: Buy
Current Market Cap: SEK3.57B
See more insights into OVZON stock on TipRanks’ Stock Analysis page.