Ovzon Secures Landmark 1.04 Billion SEK Order from Swedish Defence

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

Ovzon AB has secured its largest order to date, valued at 1.04 billion SEK, from the Swedish Defence Materiel Administration for its SATCOM solution, which includes satellite network services, mobile satellite terminals, and customer support. This significant contract, which begins delivery in June 2025 and runs for 24 months, underscores Ovzon’s capability to meet critical operational needs and is expected to enhance its market position and accelerate company growth.

More about Ovzon AB

Ovzon is a provider of integrated mobile satellite communications services, known as SATCOM-as-a-Service, catering to global customers. Their offerings include high throughput satellite networks, mobile satellite terminals, gateway services, and dedicated customer support, targeting sectors with high performance, mobility, and resiliency requirements such as Defense, National Security, and Public Safety. Ovzon is headquartered in Stockholm, Sweden, with additional offices in Herndon, VA, and Tampa, FL, USA, and is listed on Nasdaq Stockholm Small Cap.

Average Trading Volume: 575,682

Current Market Cap: SEK2.97B

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