Ovzon has received a 12-month order from a new U.S. government customer for SATCOM services. The order is for Ovzon's integrated SATCOM platform and includes service on the Ovzon 3 satellite, third-party satellite capacity and Ovzon mobile satellite terminals. The service is expected to start immediately.
The total order value amounts to 90 MSEK (9.1 MUSD), of which 84 MSEK (8.5 MUSD) relates to SATCOM services and 6 MSEK (0.6 MUSD) to Ovzon mobile satellite terminals. Ovzon will initially recognize 34 MSEK (3.4 MUSD) as order intake in Q3 2026, with the remaining value to be recognized once formal processing of the full funding has been finalized.
"This order marks a significant new addition to our U.S. customer base and within U.S. federal agencies. Importantly, it also marks this customer's selection of Ovzon 3 and our Orion Service. This is a strong validation of the differentiated capabilities of Ovzon 3 and its On-Board Processor, in combination with the smallest and most capable mobile satellite terminals, designed to provide the resiliency, mobility and flexibility required for critical missions," says Per Norén, CEO of Ovzon.
Ovzon's proprietary SATCOM platform is deployed in support of defense, national security and public safety customers, including NATO customers. Built on a defense-grade architecture, it integrates satellite capacity, networks, advanced mobile terminals and dedicated operational support into an end-to-end system. This enables customers to move beyond fragmented connectivity solutions toward a resilient and operationally controlled satellite communications capability.
For further information please contact:
Per Norén, CEO, pno@ovzon.com, +46 73 070 56 47
About Ovzon
Ovzon offers world-leading integrated mobile satellite communications services, SATCOM-as-a-Service, to customers globally. The services combine high throughput satellite networks, mobile satellite terminals, gateway services, and dedicated customer support. Ovzon's offerings meet the growing demand for mission critical connectivity for customers with high performance, mobility and resiliency requirements such as Defense, National security and Public safety. On July 5, 2024, commercial service commenced on Ovzon's proprietary developed geostationary satellite Ovzon 3. Ovzon has offices in Stockholm, Sweden as well as Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap. For more information, visit www.ovzon.com.
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 2026-09-28 07:30 CEST.
