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Advenica receives order worth 8.1 MSEK from Swedish authority for development of new crypto products

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Advenica has received a new order from a Swedish authority regarding product development of new crypto products. The order is worth 8.1 MSEK and delivery will take place during quarter 2 2024.

Advenica is a well-established and trusted supplier of cybersecurity solutions to defence customers, both in Sweden and internationally. These are customers whose business requires high assurance solutions to secure the most sensitive information. Advenica's products have future-proof technology, user-friendliness, exceptional reliability and high assurance; technology that simply ensures the security of the nation.

A new order regarding development of new crypto products has now been received from a Swedish authority. Delivery of the order will take place during quarter 2 2024.

"We have a deteriorating security situation in the world and then it is important that we can continue to develop new products that can protect the most valuable information, regardless of what type of new cyberattacks that may come. Advenica has extensive experience in solutions for the highest security - solutions that contribute to a safer world" says Marie Bengtsson, CEO Advenica.

For further information, please contact:
Marie Bengtsson, CEO Advenica AB, +46 (0) 703 860 032 marie.bengtsson@advenica.com

The information was submitted for publication, through the agency of the contact person set out above, at 10.50 CET on May 8th, 2024.

About Advenica

Advenica’s expertise helps countries, authorities, companies and organisations protect the most important digital information. Our well-proven and trusted cybersecurity solutions isolate networks physically while connecting data securely. Since the start in 1993, we design, develop and manufacture all crypto and segmentation products in Sweden to ensure high assurance. Read about our unique technology and its EU and national approvals at the highest security level at www.advenica.com

Advenica AB is a publicly traded company listed on Nasdaq First North Premier Growth with the name ADVE. Certified Adviser is Redeye AB,  www.redeye.se

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Quotes

We have a deteriorating security situation in the world and then it is important that we can continue to develop new products that can protect the most valuable information, regardless of what type of new cyberattacks that may come. Advenica has extensive experience in solutions for the highest security - solutions that contribute to a safer world.
Marie Bengtsson, CEO Advenica