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Ovzon AB’s strategic refinancing reached full impact in the fourth quarter of 2025.
Ovzon AB reported that measures in 2025 reduced its net debt and provided flexibility for future growth initiatives.
Ovzon AB released its year-end report on February 19, 2026.
Ovzon AB reported that increased utilization of Ovzon 3 contributed to improving profitability in 2025.
Earlier in the year, Ovzon received its largest contract to-date from the Swedish Defence Materiel Administration (FMV) for an integrated satcom solution.
Ovzon will provide satcom services to an undisclosed European NATO nation under a new contract announced on December 19 worth 240 million Swedish krona ($25.2 million).
The satellite service includes the Ovzon-3 satellite, which is scheduled to be launched in early 2024.
The Ovzon-3 satellite is designed to allow direct user-to-user connectivity without reliance on ground infrastructure.
Ovzon CEO Per Norén stated that the company enters 2026 with a strong backlog.
This will be the 22nd and final flight for the Falcon 9 first stage booster supporting the SpainSat NG II mission, which previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, SES O3b mPOWER-C, Ovzon-3, Eutelsat 26D, Turksat 6A, Maxar 2, SXM-9, and 12 Starlink missions.
The Falcon 9 first stage that supported SXM-9 previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, O3b mPOWER, Ovzon 3, Eutelsat 36D, Türksat 6A, Maxar 2, and 10 Starlink missions.
The Falcon 9 first stage booster supporting SXM-9 previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, O3b mPOWER, Ovzon 3, Eutelsat 36D, Turksat 6A, Maxar 2, and 10 Starlink missions.
The second Ovzon T7 order from the United States Department of Defense has a value of $400,000.
Ovzon announced two SATCOM-as-a-Service offerings for the Ovzon 3 satellite named Ovzon Pegasus and Ovzon Orion in the second quarter of 2024.
The total order value for Ovzon’s 12-month SATCOM-as-a-Service renewal received from Babcock International amounts to approximately $1,000,000.
Ovzon 3, Ovzon’s proprietary geostationary satellite, was successfully launched from Cape Canaveral, Florida in January 2024.
Ovzon Pegasus is enabled by the Ovzon 3 satellite and provides a steerable beam service specifically developed for the critical tasks of demanding customers.
The first stage booster supporting the 2024-04-28 mission was flying its 13th flight and had previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, O3b mPOWER, Ovzon 3, EUTELSAT 36D, and seven Starlink missions.
The Civil Defense end-customer began using Ovzon’s services in January 2023.
The Falcon 9 first stage booster supporting the EUTELSAT 36D mission was on its 12th flight and previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, O3b mPOWER, Ovzon 3, and six Starlink missions.