Ovzon receives a 4.8 MUSD order for SATCOM-as-a-Service from a European customer

Ovzon has received a 4.8 MUSD (50 MSEK) order to provide three months of Ovzon’s integrated SATCOM-as-a-Service for a European customer. The order also includes Ovzon On-The-Move (OTM) terminals.

Ovzon’s SATCOM-as-a-Service offering to this customer includes a high throughput satellite network, OTM mobile satellite terminals, gateway services and 24/7/365 customer support. The deliveries of the Ovzon OTM terminals are through a new terminal supplier SkyComm.

“The combination of performance, mobility and resiliency makes Ovzon SATCOM-as-a-Service ideal to support the world’s most critical missions. The demand for our services has increased following the current global geopolitical situation. We are pleased about the opportunity to work with a new terminal supplier in the form of SkyComm and look forward to developing our collaboration” says Ovzon’s CEO, Per Norén.

This information is information that Ovzon AB (publ) is obligated to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons set out below, at the time stated by Ovzon AB’s (publ) news distributor Cision upon publication of this press release.