Ovzon wins contract with the U.K. Ministry of Defence

Ovzon has secured a strategic order with the U.K. Ministry of Defence (MoD) via its U.K. distributor Kinetic Six. This is the first order of the company’s satellite communication service from a European defense organization. The initial order value is approx. USD 0.3m, over one year, starting on December 1st, 2018.

”This is an important order that validates our unique offering on the European market. In addition to its performance, we believe the track record of reliability of the Ovzon service including our certified mobile broadband terminals, operating in the harshest environments since 2014, is of great importance to our customers. We expect it to be followed by more orders in the coming years from this and other European organizations and corporations”, comments Per Wahlberg, CEO of Ovzon.

For further information, please contact:

Per Wahlberg, CEO

Tel: +46 8 508 600 60

E-mail: media@ovzon.com

ABOUT OVZON

Ovzon offers a revolutionary mobile broadband service via satellite combining high bandwidth with highly mobile terminals – offering speeds up to 80 times faster than competing services. Applications include real-time sensor and video upload, either from moving or highly mobile platforms, including small vehicles, small aircraft or UAVs, or directly from users on-site transmitting on-the-go. Ovzon is headquartered in Solna, Sweden and has offices in Tampa, FL and Bethesda, MD in the United States. The share (OVZON) is traded on Nasdaq First North Premier, FNCA Sweden AB is the company’s Certified Adviser. Read more on http://www.ovzon.com.