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Ovzon receives additional order from FMV for mobile satellite terminals – order value SEK 72 million

Ovzon
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Ovzon has received an additional order from the Swedish Defence Materiel Administration (FMV) for the company’s mobile satellite terminals, to be used with Ovzon’s high-performance SATCOM services. The order is valued at SEK 72 million (~7.6 MUSD), with deliveries scheduled to begin in the third quarter of 2025.

The mobile satellite terminals – Ovzon T7 and Ovzon P30 – are fully compatible with the satellite network services covered under the order FMV placed with Ovzon in May 2025. They are also compatible with Ovzon 3’s unique On-Board Processor (OBP), which enables direct communication between terminals without the need for ground-based infrastructure.

“Working closely with our customers gives us unique insight into how operational needs are evolving, and we continue to see strong demand for our SATCOM solutions. This additional order confirms Ovzon’s important role in enabling robust and mission-critical communications in the most demanding environments,” says Per Norén, CEO of Ovzon.

The order complements the SEK 1.04 billion contract signed between FMV and Ovzon in May 2025 for satellite capacity and related services. With the delivery of Ovzon’s mobile satellite terminals, the customer’s long-term operational capability and autonomy are further strengthened.

For further information, please contact:
Per Norén, CEO, pno@ovzon.com, +46 73 070 56 47
André Löfgren, CFO, alo@ovzon.com, +46 70 251 70 90

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 Small 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 2025-07-08 18:30 CEST.

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Ovzon receives additional order from FMV for mobile satellite terminals – order value SEK 72 million

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