Scandinavian Astor

Cesium, a wholly owned subsidiary of Nordic Shield Group, an associated company within the Astor Protect business area, has received an order of SEK 40 million for security structures. The customer is a Western defense actor. The project will be delivered during 2025.

"The order underscores the strategic importance of NSG's offering in the field of security structures and how these solutions meet the growing needs in our world. For Astor Group, this is an example of how our investments in associated companies strengthen the Group's position in total defense and broaden our presence in a market with long-term high demand", says Mattias Hjorth, CEO of Astor Group.

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

About Nordic Shield Group
Nordic Shield Group, including the operations of Cesium, NEZ, and NSG's proprietary solutions, offers specially high-level protective and secure structures, such as shelters, data centres, and containers. The systems are developed to meet modern threats such as intrusion, sabotage, and electromagnetic pulse (EMP), with a focus on mobility and rapid deployment. In 2025, NSG plans to launch several new solutions for the protection and security market. NSG is an associated company of Scandinavian Astor Group, which owns 30 per cent of the business.

Scandinavian Astor Group - Strength and security in all elements

For further information, please contact:
Scandinavian Astor Group's CEO Mattias Hjorth
E-mail: ir@astorgroup.se

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 a Swedish defense group shaping the future of security and protection. Through its three business areas - Astor Tech, Astor Industry and Astor Protect - the Group delivers advanced technology, high-quality components and critical security solutions to primarily the defense, industry and public safety sectors. Astor Group is listed on NGM Nordic SME (ticker: ASTOR) and Boerse Stuttgart. The Company is headquartered in Stockholm, Sweden.. For more information about Astor Group's business, visit: www.astorgroup.se