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EQS-News: Kontron AG
/ Key word(s): Incoming Orders
VPX modules and satellite-bound communication equipment San Diego, USA, December 11, 2024 – Kontron AG, a leading global IoT technology company, has announced a major new contract in the U.S. defense sector. This contract enhances Kontron’s presence in the autonomous control domain of air travel applications by providing Sensor Open Systems Architecture (SOSA™) standard-compliant hardware for communication, control, and surveillance systems used in unmanned aerial vehicles. Kontron is an industry leader in VPX solutions that are specifically designed for the requirements of high-performance computing and data communication in high-security applications. Kontron’s solutions are ITAR-certified to ensure compliance with U.S. export control regulations in the area of defense technology. The expected revenue from this new business relationship is approximately 20 million USD. The decisive factors were Kontron’s technology, long-term delivery capability, and seamless cooperation between the international subsidiaries. This strategic agreement positions Kontron to engage in higher-volume applications, unlocking further opportunities in autonomous control of land vehicle applications and other emerging markets and customer segments. Kontron’s offering not only meets all necessary standards and specifications but also leverages its status as the industry's leading engineering powerhouse, making it an ideal partner for custom solutions that resist commoditization. In the first nine months of 2024, Kontron has recorded a sustained trend in incoming orders for IoT connectivity, which reached a volume of EUR 920 Mio. At the same time, the shipment volume reached EUR 780 Mio with a 50% increase in EBITDA. Further Information: For more information, please visit: https://www.kontron.com/en/industries/defense
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About Kontron Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, connectivity, medical, and energy solutions, the company delivers technologies that add value for its customers. With the acquisition of Katek SE in early 2024, Kontron significantly strengthens its portfolio with the new GreenTec division, focusing on solar energy and eMobility, and grows to around 8,000 employees in over 20 countries worldwide. Kontron is listed on the SDAX® and TecDAX® of the German Stock Exchange.
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All rights reserved. Kontron is a trademark or registered trademark of Kontron AG. All data is for information purposes only and not guaranteed for legal purposes. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies.
11.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Kontron AG |
| Industriezeile 35 | |
| 4020 Linz | |
| Austria | |
| Phone: | +43 (732) 7664 - 0 |
| E-mail: | ir@kontron.com |
| Internet: | https://www.kontron.com |
| ISIN: | AT0000A0E9W5 |
| WKN: | A0X9EJ |
| Indices: | SDAX, TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, Vienna Stock Exchange (Vienna MTF) |
| EQS News ID: | 2048247 |
| End of News | EQS News Service |
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2048247 11.12.2024 CET/CEST
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