Advenica receives order for cybersecurity products from European Space Agency

Advenica, a leading European provider of cybersecurity solutions, has received an order for both encryption products and Cross Domain Solutions from the European Space Agency (ESA).

Advenica provides expertise and unique, technically advanced, durable and future-proof high assurance cybersecurity solutions for critical data in motion up to Top Secret classification. The company has its head office in Malmö, Sweden and established itself in Austria in mid-2017 to provide high-security cybersecurity solutions to customers in Austria and other European countries.

The Austrian office has now received an order from European Space Agency (ESA). Encryption products based on Advenica's patented technology which meets the authorities' requirements for communication of sensitive information is one part of the order. The other part consists of solutions for controlled information exchange between different networks and security domains, so called Cross Domain Solutions. The total order value exceeds 1 MSEK and planned delivery is during the spring of 2019.

"We work with many customers whose operations require high-assurance solutions to safeguard their most valuable information. Our technology isolates networks physically yet allows critical information to be communicated in a 100 % secure mode. This order from ESA is an important step, not only for Advenica’s further growth but also to keeping Europe safe" says Markus Gursch, CEO Advenica Austria.

For further information, please contact:
Markus Gursch, CEO Austria, +43 1 25 30025 270, markus.gursch@advenica.com

This information is information that Advenica AB is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.50 a.m. CET on March 25, 2019.

About Advenica

Advenica provides expertise and world-class high assurance cybersecurity solutions for critical data in motion up to Top Secret classification. We enable countries, authorities and companies to raise information security and digitalise responsibly. Founded in 1993, we are EU approved to the highest level of security. Our unique products are designed, developed and manufactured in Sweden. Read more at www.advenica.com

Advenica AB is a publicly traded company listed on Nasdaq First North Premier with the name ADVE. Certified Adviser is Erik Penser Bank, phone +46 (0)8 463 83 00, www.penser.se, email: certifiedadviser@penser.se

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About Us

Advenica is a leading European provider of cybersecurity. Advenica offers advanced cybersecurity solutions and services for business-driven information exchange, secure digitalisation and high assurance. For more than 20 years Advenica has, by providing future-safe and sustainable solutions, enabled for organisations and companies to take digital responsibility. Advenica AB is a publicly traded company listed on Nasdaq First North Premier with the name ADVE. Certified Adviser is Erik Penser Bank.

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We work with many customers whose operations require high-assurance solutions to safeguard their most valuable information. Our technology isolates networks physically yet allows critical information to be communicated in a 100 % secure mode. This order from ESA is an important step, not only for Advenica’s further growth but also to keeping Europe safe.
Markus Gursch, CEO Advenica Austria