Renewal from SSC
Today, Ovzon announced that it has received a renewed SATCOM-as-a-Service order with Swedish Space Corporation (SSC). Although the order value of SEK 115m (or USD 11m) is slightly lower than the last order value (SEK 135m) that it received from this customer, this is likely to reflect a lower proportion or terminal sales in new order, rather than a comparable change in price or capacity of the SATCOM service. The new order will be delivered from 1 October and covers a 12-month period (the previous order started in Q1'24, and was "delivered during large parts of 2024", which plausibly covered the period Q1'24-Q3'24).
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