OXE Marine: Record size order from the US Government - Redeye

Redeye is growing more confident on the case following last Friday’s announcement of a significant order from a US Governmental Agency. The total order value, amounting to USD5.8m, is the largest so far in company history. In our view, this is firm confirmation of OXE Marine’s products and offering and a very important step in its commercial progress with Government customers, in the US and elsewhere. As the bulk of deliveries are planned for 2023, we will raise our Q4 2023 forecasts.

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