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Ovzon strengthens leadership as satellite veteran Martin Eriksson becomes CTO

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Ovzon strengthens leadership as satellite veteran Martin Eriksson becomes CTO

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The latest update is out from Ovzon AB ( (SE:OVZON) ).

Ovzon AB has appointed long-time executive Martin Eriksson as its new Chief Technology Officer and member of Group Management, effective immediately, emphasizing continuity in technical leadership as the company scales its satellite communications offering. Eriksson, who has been with Ovzon since 2008 and led the design, production and launch of its first satellite as Space Systems Manager, will oversee further development of the company’s space systems and capabilities, while a streamlined five-person Group Management team and the reassignment of former executives to key technical and business development roles aim to strengthen integration, focus and support Ovzon’s profitable growth strategy.

The most recent analyst rating on (SE:OVZON) stock is a Buy with a SEK61.00 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 is a Sweden-based provider of integrated mobile satellite communications services, offering SATCOM-as-a-Service to global customers. Its solutions combine high-throughput satellite networks, mobile satellite terminals, gateway services and dedicated customer support, targeting mission-critical connectivity needs for defense, national security and public safety clients. Ovzon operates the proprietary geostationary satellite Ovzon 3 and maintains offices in Stockholm, Herndon (VA) and Tampa (FL), with its shares listed on Nasdaq Stockholm Mid Cap.

Average Trading Volume: 555,050

Technical Sentiment Signal: Buy

Current Market Cap: SEK5.86B

For detailed information about OVZON stock, go to TipRanks’ Stock Analysis page.

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