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Ovzon receives order from Gomedia Satcom and expands partnership for development of new applications

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Ovzon has received an order from its Italian partner Gomedia Satcom. The order includes services and capacity on one of Ovzon's steerable satellite beams. The 6-month contract, valued at 0.2 MUSD, will start on July 5, 2022.

Ovzon has already today a very fruitful collaboration with its Italian partner Gomedia Satcom. Since early 2022, Ovzon provides SATCOM-as-a-Service to the Italian Fire and Rescue Service with unprecedented levels of performance, agility, and resiliency.

The new order includes services and capacity on one of Ovzon's steerable beams but is also the starting point of an agreement between Gomedia Satcom and Ovzon to develop new applications to meet the increasing demand in new current and new market segments.

"Our partnership with Gomedia Satcom has been a success from day one, and we are now taking it to the next level. This is in line with our strategy to expand and create a portfolio of new applications, on top of our core offering Ovzon SATCOM-as-a Service and continue to expand our uniqueness in the market", says Per Norén, CEO of Ovzon.

"We work very closely with Ovzon and with our Italian and European customers as their needs evolve and increase over time. This is a natural the next step in this close collaboration. Ovzon is the world leader in mobile satellite communications, so we are excited to develop these new applications and services together", says Gaetano Morena, CEO of Gomedia Satcom.

For further information, please contact:
Per Norén, CEO, pno@ovzon.com, +1 206 931 7232

About Ovzon
Ovzon offers world-leading mobile satellite communications services, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility. Ovzon's SATCOM-as-a Service meets the growing demand for global connectivity for customers with high performance and security requirements such as Defense, Emergency Services, NGOs, Media and Commercial organizations. Ovzon was founded in 2006 and has offices in Stockholm, Sweden, Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap. For more information visit www.ovzon.com.

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