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Published: 2024-07-05 08:00:00 CEST
Ovzon AB
Investor News
Ovzon 3 ready for commercial service

As previously communicated, Ovzon's proprietary satellite Ovzon 3 has reached its orbital position in the geostationary arc. After a few weeks of final in-orbit testing, the satellite is now ready for commercial service.

The first delivery of SATCOM-as-a-Service from Ovzon 3 will be to the French government organization GIGN (Groupe d'Intervention de la Gendarmerie Nationale) who will use the service with immediate effect to meet its advanced connectivity needs during the Summer Games 2024 in France.

The Ovzon 3 in-orbit tests are on schedule, and the satellite is now ready for commercial service. Moreover, the tests show that the performance and capability of the Ovzon 3 steerable beams meet requirements and even exceed the high set expectations, achieving an Ovzon T7 terminal industry leading throughput of 10 Mbps on uplink and 135 Mbps on downlink.

The Ovzon 3 satellite includes the Ovzon On-Board-Processor as well as five powerful steerable beams that can be used for maximized capacity in an equal number of geographical regions.

"This is a moment of great pride for our company. With the satellite now ready for commercial service, Ovzon is entering a new and exciting phase. Supporting the well-renowned French elite organization, GIGN throughout the Summer Games with Ovzon SATCOM-as-a-Service is not only a great honor but also the perfect first use-case. It is the ultimate demonstration of our commitment to our customers by connecting the world's critical missions via satellite", says Per Norén, CEO of Ovzon.

For further information please contact:
Per Norén, CEO, pno@ovzon.com, +1 206 931 7232

About Ovzon
Ovzon offers world-leading integrated mobile satellite communications services, SATCOM-as-a-Service, to customers globally. The services combine high throughput satellite networks, mobile satellite terminals, gateway services, and dedicated customer support. Ovzon's offerings meet the growing demand for mission critical connectivity for customers with high performance, mobility and resiliency requirements such as Defense, National security and Public safety. In January 2024, Ovzon's proprietary developed geostationary satellite Ovzon 3 was successfully launched from Cape Canaveral, FL. Founded in 2006, Ovzon has offices in Stockholm, Sweden as well as Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Small Cap. For more information, visit www.ovzon.com.

Attachments:
Ovzon 3 ready for commercial service.pdf

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Ovzon AB (publ) published this content on 05 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2024 06:03:17 UTC.