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Ovzon receives 3.1 MUSD order from U.S. DOD for SATCOM-as-a-Service

MAR

Ovzon has received, via Intelsat General Communications (IGC), an order for continuation of Ovzon’s SATCOM-as-a-Service from the United States Department of Defense (U.S. DOD). The service is renewed for approximately eight months and will start immediately.

Ovzon’s SATCOM-as-a-Service is the industry’s leading integrated satellite communication solution for critical missions. It combines Ovzon's mobile satellite terminals, integrated with resilient and high-performing satellite networks and 24/7/365 service and support.

Ovzon SATCOM-as-a-Service delivers an unmatched level of strategic, operational, and tactical agility to the U.S. DOD for their important and critical missions.

"Although this renewal, as of now, differs from previous years, our relationship with the U.S. DOD continues to be long-term, and we are strategically working together to support their critical missions around the world. We are also excited about the unique industry-first applications we can provide with the launching Ovzon 3 in just a few days”, says Per Norén, CEO of Ovzon.
 

This information is information that Ovzon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-12-16 01:50 CET.

For further information, please contact:
Per Norén, CEO, pno@ovzon.com, +1 206 931 7232
Noora Jayasekara, CFO, nja@ovzon.com, +46 70 318 92 97

About Ovzon
Ovzon offers world-leading mobile satellite communications services, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility. Ovzon's SATCOM-as-a-Service meets the growing demand for global connectivity for customers with high performance and security requirements such as Defense, Emergency Services, NGOs, Media and Commercial organizations. Ovzon was founded in 2006 and has offices in Stockholm, Sweden, Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap. For more information, visit www.ovzon.com.

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Ovzon receives 3.1 MUSD order from U.S. DOD for SATCOM-as-a-Service

Datum 2023-12-16, kl 01:50
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Ovzon receives 3.1 MUSD order from U.S. DOD for SATCOM-as-a-Service
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