Ovzon secures 185 MSEK order for Ovzon 3 services

Ovzon has announced the receipt of a 12-month order for its Ovzon 3 satellite services valued at 185 MSEK (17 MUSD) from its partner, Swedish Space Corporation (SSC). Delivery of mobile satellite terminals will begin immediately, with services launching in the first quarter of 2025. Payment for the full order will be made in January 2025.

The agreement encompasses Ovzon's complete SATCOM solution, including its advanced Ovzon 3 Orion and Pegasus services, mobile satellite terminals, and dedicated customer support. The Ovzon SATCOM system is designed to provide exceptional performance, mobility, and resilience to the end-user.

Ovzon's SATCOM technology offers high data throughput to ultra-compact mobile satellite terminals. These capabilities can be deployed for personnel operations and integrated on both manned and unmanned platforms. The unique architecture of Ovzon's system ensures mission success by providing robust and resilient communication capabilities.

"This is Ovzon's largest order and customer commitment to date. As a Swedish company, we are honored to deliver our competencies, technologies, and experience through SSC. We see this as a further strengthening of our long-term partnership. This order highlights our commitment to provide unique, sovereign, and resilient satellite communication solutions to Sweden, US, NATO, and other nations," said Per Noren, CEO of Ovzon.