Image Systems’ Motion Analysis business unit secures SEK 2.4 million order from U.S. defense customer
U.S. defense customer renews confidence in Image Systems’ advanced motion analysis solutions through new subscription agreement.
Image Systems AB (publ) has received a new order valued at approximately SEK 2.4 million from a customer within the U.S. defense sector. The order has been placed with the company’s business unit Motion Analysis and pertains to a subscription-based solution with a contract duration of twelve months.
Revenue from the order will be recognized on a monthly basis over the duration of the agreement, in line with applicable revenue recognition principles.
“This is further proof that Image Systems continues to strengthen its position as the world’s leading provider of motion analysis software for high-speed imaging.”
Says Andreas Ovemyr, CEO of Image Systems Motion Analysis.
Read more about Image Systems Group on imagesystemsgroup.se
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 develops and delivers technical solutions to a wide range of industries globally, including customers active in the defense sector. The products do not constitute defense equipment, and all sales are carried out in compliance with applicable laws and regulations. The company 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 approx. 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.