Mobile satcom service provider Ovzon reports 57% increase in Q1 service revenue; Ovzon 3 to launch in Q4

by Peter B. de Selding

PARIS — Satellite service provider Ovzon AB of Sweden reported a sharp increase in revenue for the three months ending March 31 based on sales of its new T6 mobile satcom terminal to the U.S. Defense Department and the one-time sale of hardware to Syntronic, which is taking over terminal production.

The U.S. military accounts for 90% of Ovzon’s current business, but the company has booked contracts with the UK Ministry of Defence and, more recently, with the Italian  Fire and Rescue Service . . .

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