Image Systems’ Motion Analysis Business Unit Secures 1.8 MSEK Order from Leading U.S. Aerospace and Defense Company
Image Systems is proud to announce a significant order valued at approximately 1.8 MSEK from a prominent U.S.-based customer in the aerospace and defense sector. The customer, recognized for its cutting-edge innovation, has chosen to renew its subscription to our TrackEye motion analysis software—underscoring the value and performance of our solution in their R&D operations.
This renewal marks a major milestone: a five-year commitment that reflects the customer’s continued trust in TrackEye’s capabilities to accelerate development and enhance precision in motion analysis. The agreement includes a five-year software subscription, with revenue recognized on a monthly basis.
"This long-term renewal is a testament to the strength of our technology and the deep partnerships we build with our customers. We’re honored to support their mission-critical work and proud to be part of their innovation journey."
says Johan Friberg, CEO Image Systems Motion Analysis
For further information, please contact:
Emilien Saindon
CEO
emilien.saindon@imagesystems.se
Image Systems is a Swedish high-tech company and a leading provider of products and services in high-resolution image processing. By continuously challenging market concepts and instead offering new and more efficient solutions, we help our customers achieve greater success in their businesses. The company serves a wide range of industries globally and operates through two business areas: RemaSawco and Motion Analysis. Image Systems has approximately 75 employees in several countries. In 2024, the group had a turnover of SEK 200 million.
The company’s share is listed on Nasdaq Stockholm’s Small Cap list and is traded under the ticker IS.
For more information, please visit our website www.imagesystemsgroup.se.