Ovzon receives 2 MUSD direct order from the U.S. DoD

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Ovzon today has received a significant order for satellite terminals directly from the U.S. Department of Defense (U.S. DoD) to be used with Ovzon’s industry-leading Satellite-as-a-Service offering. This new order includes both On-The-Move (OTM) terminals for simple integration on mobile platforms, as well as the newly released Ovzon T6 terminal for On-The-Pause (OTP) communications. The order is valued at 2 MUSD.

Ovzon’s global satellite network enables the highest transmit and receive data rates to and from the smallest terminals. The Ovzon Satellite-as-a-Service offering is engineered to provide unmatched performance and resiliency. Ovzon’s ultra-small OTM and OTP terminals have a successful track record of dependability in the most demanding environments.The all new Ovzon T6 is the world’s smallest, lightest, and easiest to use terminal with true broadband capability, providing data rates up to 50 Mbps transmit and 120 Mbps receive. The rugged design and robust environmental protection provide a compact, fully integrated, solution without sacrificing size, weight and power characteristics. The Ovzon T6’s patented, electronically polarized antenna allows an untrained user to adjust for only azimuth and elevation to establish communications in less than two minutes. Weighing only 13.2 lbs, the Ovzon T6’s small, lightweight form factor makes it easy to transport to any location.

”We are excited for this significant direct order from such an important  customer, the U.S. DoD. This order confirms the relevance of our technology, the upcoming launch of Ovzon’s new satellite, Ovzon 3, and the value of our high-performance global network to the U.S. DoD’s global mission”, says Per Norén, CEO of Ovzon.

This information is information that Ovzon AB (publ) is obliged to make public pursuant to the (EU) 596/2014 Market Abuse Regulation. The information in this press release has been published through the agency of the contact persons set out below, at the time stated by Ovzon AB’s (publ) news distributor Cision, upon publication of this press release.

For additional information please contact

Per Norén, CEO, pno@ovzon.com, +1 206 931 7232

Ovzon is revolutionizing mobile broadband via satellite providing global coverage with the highest bandwidth through the smallest terminals. Founded in 2006, Ovzon develops end-to-end solutions meeting the growing demand of mobile broadband connectivity for customers with high performance requirements. The company has offices in Stockholm in Sweden and Herndon (VA) and Tampa (FL) in the United States. Ovzon is publicly listed on Nasdaq Stockholm.

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