Kongsberg Automotive wins contracts worth over EUR 19 million in estimated lifetime revenue for headrest mechanism
Zurich, December 27, 2023: Kongsberg Automotive’s (KA) Headrest business has won a contract extension and a new contract worth over EUR 19 million total in estimated lifetime revenue.
These four-year contracts are awarded by Tier 1 customer for KA to supply the products globally across two vehicle platforms including an all-electric vehicle. KA has developed and produced the headrest mechanisms in the Mullsjo, Sweden facility.
This product is a KA-developed rear seat and electric foldable concept of head restraint. This unique foldable mechanism keeps the passenger safe in case of an