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Advenica receives order worth MSEK 50 from a Swedish customer in the public sector

Advenica has received a new order regarding product development from a Swedish customer in the public sector. The customer gives Advenica a renewed confidence through an agreement worth MSEK 50 with delivery in 2023, 2024 and 2025.

Advenica is an established supplier of cybersecurity with customers in both defense, authorities and companies in critical infrastructure. The new order, worth MSEK 50, comes from a Swedish customer in the public sector, a customer with whom the company has a long relationship. The agreement is a continuation of an earlier product development assignment in the same product area.

Delivery of the new order will take place continuously during 2023, 2024 and 2025, but the agreement also contains an option for further development during 2026 and 2027 to a value of approximately MSEK 30.

"Through this agreement, Advenica's expertise will once again be used to develop future-proof high assurance technology to protect a Swedish public organisation. The agreement shows continued confidence in Advenica and through this agreement the company becomes part of the Swedish public organisation's cybersecurity solution for a long time to come, which creates stability for Advenica" says Marie Bengtsson, CEO Advenica.

For further information, please contact:
Marie Bengtsson, VD Advenica AB, +46 (0) 703 860 032 marie.bengtsson@advenica.com

The information was submitted for publication, through the agency of the contact person set out above, at 12.10 CET on November 23rd, 2022.

About Advenica

Advenica’s expertise helps countries, authorities, companies and organisations protect the most important digital information. Our well-proven and trusted cybersecurity solutions isolate networks physically while connecting data securely. Since the start in 1993, we design, develop and manufacture all crypto and segmentation products in Sweden to ensure high assurance. Read about our unique technology and its EU and national approvals at the highest security level at www.advenica.com

Advenica AB is a publicly traded company listed on Nasdaq First North Premier Growth with the name ADVE. Certified Adviser is Redeye AB,  www.redeye.se

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