Nitro Games signs approx. 2 million EUR expansion to the development agreement

Nitro Games has signed second expansion to the development agreement with Digital Extremes for an unannounced project.

With this agreement, Nitro Games continues to provide Digital Extremes with game development services for an unannounced game. This agreement is second expansion to the ongoing order with the same customer, as previously communicated on 30 July 2021 and 26 July 2022. This agreement follows Nitro Games’ strategy, where in addition to developing games based on its own IP, the company also offers its services to selected customers. The order value of this new agreement is approx. 2 million EUR, increasing the total order value with this customer to approx. 6,5 million EUR. The agreement follows an industry-standard structure. The project has started in 2021 and is expected to be completed in 2023.

“We are proud about the quality of work we’ve done for Digital Extremes so far. I am happy to continue our work on the project with this new expansion agreement. This project is a great fit for our strategy and supports our goals next year,” says Jussi Tähtinen, CEO of Nitro Games.