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Ovzon Secures Additional SEK 72 Million Order from Swedish Defence

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Ovzon Secures Additional SEK 72 Million Order from Swedish Defence

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Ovzon AB ( (SE:OVZON) ) just unveiled an update.

Ovzon AB has secured an additional order valued at SEK 72 million from the Swedish Defence Materiel Administration (FMV) for its mobile satellite terminals, which will enhance the FMV’s operational capabilities. This order, complementing a previous SEK 1.04 billion contract, underscores Ovzon’s pivotal role in providing mission-critical communications solutions, reinforcing its market position in high-demand environments.

More about Ovzon AB

Ovzon offers integrated mobile satellite communications services globally, providing SATCOM-as-a-Service that combines high throughput satellite networks, mobile satellite terminals, gateway services, and customer support. Their services cater to defense, national security, and public safety sectors, emphasizing high performance, mobility, and resiliency. Ovzon is listed on Nasdaq Stockholm Small Cap and operates offices in Sweden and the USA.

Average Trading Volume: 725,970

Current Market Cap: SEK4.78B

Learn more about OVZON stock on TipRanks’ Stock Analysis page.

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