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Home » News » The Swedish authority uses an option, worth SEK 38.4 million, from a previous agreement with Advenica

The Swedish authority uses an option, worth SEK 38.4 million, from a previous agreement with Advenica

Advenica has received notice that an option for more new development of crypto products has been exercised by the Swedish authority that placed the original order. Ordern kom den 28 juni 2021 och i pressmeddelandet från Advenica från denna dag kunde man även läsa om optionen.

Advenica has long been a well-established and trusted supplier of cyber security solutions both in Sweden and internationally. The solutions are based on Advenica’s patented technology and meet the authority’s requirements to be able to communicate information that is classified up to TOP SECRET. In addition, they are approved for encrypted communication of the highest level of protection-worthy information within the EU.

An option regarding new development of crypto products has now been redeemed by a Swedish authority, the same authority that placed the original order in June (see Advenica’s press release from 28/6 2021). Work on the new order that the option entails will begin immediately and will then be delivered continuously until spring 2024.

“We are proud of the continued trust from this customer. Advenica works with several customers whose operations require security solutions at the absolute highest level to protect the most protective information. With the help of our products, customers can increase information security and thus contribute to a safer world ” says Marie Bengtsson.

 

For further information, please contact:

Marie Bengtsson, CEO Advenica AB, +46 (0) 703 860 032 marie.bengtsson@advenica.com

This information is information that Advenica is obliged to make public according to the EU Market Abuse Regulation. The information was submitted, through the care of the above contact person, for publication on 17 December 2021 at 15:05.

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