Ovzon is a Swedish space company founded in 2006 that provides mobile satellite communications services, known as SATCOM-as-a-Service, globally. Their services integrate high-throughput satellite networks, mobile satellite terminals, and dedicated customer support to offer high-performance, secure, and resilient connectivity. Ovzon's key offerings include Ovzon Pegasus and Ovzon Orion, enabled by their proprietary Ovzon 3 satellite and On-Board-Processor. The company serves customers with critical communication needs such as Defense, National Security, Public Safety, and Emergency Services, with major customers including the U.S. Department of Defense, Swedish Space Corporation and NATO.
All verified mentions of this organization in source documents.
Ovzon has a launch timeframe for Ovzon 3 between December 2022 and February 2023, contingent on successful tests and completed logistics and coordination.
Ovzon expects the Intelsat General Communications pre-capacity commitment to be reduced by an additional 10 percent in the fourth quarter, resulting in an amount of $47,800,000.
Critical key components previously delayed for Ovzon 3 have been delivered to Ovzon’s production partner Maxar.
Ovzon reported revenues of 78 million Swedish Krona for the three months to the end of June, a 135% increase compared with the same period last year.
Ovzon reported an operating loss of 8.8 million Swedish Krona for the three months to the end of June, compared with an operating loss of 31 million Swedish Krona in 2021.
Ovzon expects Intelsat’s pre-capacity commitment to be adjusted down another 10% in the fourth quarter to $47,800,000.
Ovzon’s first satellite, Ovzon 3, is set to launch between December and February following the delivery of parts delayed by supply chain issues.
Maxar is producing a Legion-class geostationary satellite for Ovzon.
Ovzon will launch its first owned satellite, Ovzon 3, later in 2022.
The renewal does not include all critical SATCOM-as-a-Service solutions Ovzon provides to the UK Government, and those solutions are expected to be renewed later in 2022.
Ovzon’s strategy includes expanding and creating a portfolio of new applications on top of its core offering Ovzon SATCOM-as-a-Service.
Since early 2022, Ovzon provides SATCOM-as-a-Service to the Italian Fire and Rescue Service.
Ovzon is negotiating with other launch providers in addition to Arianespace to secure a 2022 launch for Ovzon-3.
Ovzon originally planned to launch Ovzon-3 on a SpaceX Falcon Heavy before selecting Arianespace in 2019.
Ovzon expects its other critical SaaS solutions provided to the U.S. Department of Defense to be renewed later in 2022.
The SATCOM-as-a-Service renewal does not include other critical SaaS solutions that Ovzon provides to the U.S. Department of Defense.
The information is information that Ovzon AB (publ) is obligated to make public pursuant to EU Market Abuse Regulation 596/2014 and the Securities Markets Act (2007:528).
The order includes the entire broadband capacity of one of Ovzon’s steerable satellite beams.
The Italian Fire and Rescue Service will deploy a secure communications network based on Ovzon’s satellite solution.
The order includes twenty-one Ovzon T6 On-The-Pause terminals.