Ovzon receives 1.1
MUSD order from UK MoD for renewal of
SATCOM-as-a-Service
Ovzon has received an
order for the renewal of Ovzon's
SATCOM-as-a-Service from the UK MoD through
the company’s partner Airbus. The 18-month
renewal, valued at 1.1 MUSD, will start on
September 1, 2022, and represents an
extension of Ovzon's services in specific
regions of the world.
Ovzon's
SATCOM-as-a-Service provides unprecedented
levels of performance, mobility and
reliability that are unmatched in the
industry.
This renewal does not
include all critical SATCOM-as-a-Service
solutions provided by Ovzon to the UK
Government, which are expected to be renewed
later in 2022.
“As the security
situation in Europe continues to evolve,
secure, mobile, highspeed satellite
communications will become even more
critical for command-and-control centers,
delivering sensor data, and most importantly
senior leader assured communications. The UK
MoD’s long-term renewal of Ovzon services is
a testament to how important guaranteed
communications are to national security in
the region. With the launch of Ovzon’s first
own satellite, Ovzon 3, later this year we
will be able to deliver industry leading
throughput, security, and resiliency to not
just the UK, but to all NATO Nations who
need the most reliable and secure
SATCOM-as-a-Service solutions in the world”,
says Per Norén, CEO of Ovzon.
This information is
information that Ovzon AB (publ) is
obligated to make public pursuant to the EU
Market Abuse Regulation 596/2014 and the
Securities Markets Act (2007:528). 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.
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