MilDef wins business in Sweden worth 22.8 MSEK

MilDef Group has won a deal through its subsidiary MilDef International with Exensor Technology AB, a Swedish company that produces advanced sensor systems. The deal consists of tactical IT and includes customized handheld units.

MilDef’s international sales company has a long-standing collaboration with Exensor, who delivers advanced sensor systems for ground-based installations. Sensors and communication systems from Exensor in combination with tactical IT from MilDef create capability within surveillance and detection of both humans and vehicles. The order value is 22.8 MSEK and deliveries are planned for 2022 and 2023.

”We are happy with the collaboration with MilDef. Our sensor systems are highly customizable and that requires a supplier of tactical IT who is as flexible as we are.”, says Marcus Rosenqvist, VP Sales & Marketing at Exensor.

This is an excellent example of industrial collaboration between two Swedish companies that together deliver a technological advantage to the customer”, says Björn Karlsson, CEO MilDef Group AB. “We hope to continue expanding our collaboration with Exensor, who operate in a highly relevant domain.

For more information, please contact:

MilDef Group AB (publ)

Björn Karlsson, CEO
Phone: +46 705 25 01 07
Email: bjorn.karlsson@mildef.com

Daniel Ljunggren, EVP & CFO
Phone: +46 706 68 00 15
Email: daniel.ljunggren@mildef.com

This information constituted inside information prior to publication. This is information that MilDef Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 10:30 CEST on November 3, 2021.

About MilDef

MilDef was founded in 1997 in Helsingborg, Sweden. The company delivers tactical IT, including rugged hardware, software, and services. MilDef’s products are sold to more than 160 customers through MilDef’s subsidiaries in Sweden, Norway, United Kingdom, the United States, and through partner networks in more than 30 countries, predominantly within the EU. MilDef Group is listed on Nasdaq Stockholm.

www.mildef.com