INVISIO has received a large order for Intercom systems worth SEK 230 million and an order for Vehicle radios worth SEK 235 million

12 March 2024 · Regulatory · Press Release

INVISIO has received an order from a customer in Europe for INVISIO Intercom systems with the full suite of INVISIO Dismounted Soldier systems.

The main deliveries are planned to start in the second quarter 2024 and are estimated to be concluded in the fourth quarter of 2024. The order also entails a maintenance and spare part package which will be delivered during 2025 and 2026.

In addition, INVISIO will act as prime contractor for an entire communications system including Vehicle radios with installation and training.

A large part of the deliveries involves INVISIO acting as a system integrator for Vehicle radios from a third party, whereby INVISIO will receive a service margin (less than 10 percent gross margin).

Lars Højgård Hansen, INVISIO CEO, said: “This is the largest Intercom system order we have received to date. I believe this is a confirmation that our solutions meet the very high expectations of users operating under the most critical and challenging conditions - users need a trusted solution that is proven in live situations, as is the case with INVISIO’s systems. We are proud that this customer is also entrusting us with the responsibility to act as a full system integrator for the vehicle solution including radios”.

Attachment

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Michael Peterson

Michael Peterson

Director Investor Relations & Corporate Communications
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