Astor Group: Scandiflash receives additional order of approximately 28.2 MSEK

Scandinavian Astor Group AB's (publ) (‘Astor Group’ or the ‘Company’) subsidiary Scandiflash has today received an order of approximately SEK 28.2 million to an unnamed Western NATO country. The order is for several Scandiflash systems and is an additional order to the one received by the subsidiary in October 2024. The order will be delivered in several stages during the second half of 2025.

“This additional order is a clear confirmation of Scandiflash's strong market position and ability to deliver state-of-the-art high-tech systems”, says Astor Group CEO Mattias Hjorth.

Due to the nature of the industry and the circumstances of the customer and national security interests, no further information about this order or the customer will be disclosed.

More about Scandiflash
The development of the flash X-ray systems under the name Scandiflash started in 1968 as a business area within Scanditronix. The following year, the first systems were launched on the market. Scandiflash became an independent company in 1983 with increased sales and production. In 2019, a new management team took over at Scandiflash and restructured the company, which has generated a sharp increase in sales and earnings and significantly streamlined production. The business model is based on distribution networks where the company has several major agreements and Scandiflash typically receives larger individual orders. Today, Scandiflash has a strong market position, where the company offers faster delivery times and superior technology compared to the few competitors on the market. The company has delivered hundreds of systems in over 30 countries. The head office for development and production is located in Uppsala.

Scandinavian Astor Group – Strength and security in all elements

For further information, please contact:
Scandinavian Astor Group's CEO Mattias Hjorth
E-mail: [email protected]

This information is information that Scandinavian Astor Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at the time specified by Astor Group's news distributor at the time of publication of this press release.

Please note that this is an English translation of a press release written in Swedish by Scandinavian Astor Group AB (publ), in the event of any inaccuracies, the Swedish version applies.

About Scandinavian Astor Group AB (publ)
Scandinavian Astor Group is active in the defence industry. The company is a supplier of products, services and related technical solutions in military defence and civil security as well as products for industries. Astor Group is a public company with shares traded under the ticker ASTOR on NGM Nordic SME and is dual listed on Boerse Stuttgart. The Company has a registered office in Stockholm, Sweden. Shark Communication AB, tel. +46 73-434 45 15, e-mail: [email protected] is the Company's Mentor. For more information about Astor Group's business, visit: www.astorgroup.se