STOCKHOLM, March 31, 2022 /PRNewswire/ --
INVISIO has received a first initial order under the
five-year framework agreement that the company announced in
January 2022. The contract is
with the system integrator of the end-customer's vehicle
modernization program. The order concerns the Racal
Acoustics branded new product RA4000
Magna™ headset with accessories. The order value is SEK
91 million. Shipments are related to vehicle deliveries and
ongoing until 2026.
The order, as well as the five-year framework agreement, are
part of the end-customer's ongoing modernization program of systems
that enable effective communication in heavy and noisy
The order and contract, represents a significant strategic
success for the new and advanced digital RA4000 Magna™ headset.
The five-year framework agreement has an estimated total value
of approximately SEK 275 million.
The agreement is not the first success for the headset. In 2021
a 7-year framework agreement with the Danish army was signed, where
the value of the first order under the agreement was almost
SEK 44 million.
"There is no doubt that the new RA4000 Magna™ headset is a
market leading solution for noisy vehicle environments. We are very
pleased with the success and vast potential this headset has. The
level of ease and adaptability, where it can be tailored to each
vehicle's specific noise patterns through its digital architecture,
makes it ideal to replace both incumbent legacy headset solutions
as well as addressing ongoing and future modernization programs,"
says Lars Højgård Hansen, CEO of INVISIO.
It is worth noting that deliveries of Racal Acoustics branded
products in general may lie further in the future than for products
under the INVISIO brand. It is not unusual for some customers to
request a first part-delivery within six months whereas the next
delivery may not take place until 12-36 months later.
About the RA4000 Magna™ digital headset
The RA4000 Magna™ digital headset is Racal Acoustics' most
recently developed product. It offers market-leading hearing
protection, communication capability and situational awareness. The
RA4000 Magna™ has modular, customizable, and upgradeable features
and accessories, which makes it possible to meet a range of
specific customer requirements, while at the same time prolonging
the usability and life of the product.
For further information, please contact:
Lars Højgård Hansen, CEO, INVISIO
Mobile: + 45 5372 7722 | Email: email@example.com
Michael Peterson, Director
Investor Relations & Corporate Communication, INVISIO
Mobile: +45 5372 7733 | Email: firstname.lastname@example.org
This information is information that INVISIO AB (publ) is
obliged to disclose under the EU Market Abuse Regulation. The
information was released for public disclosure, through the agency
of the CEO, on March 31, 2022, at
About INVISIO AB (publ)
The INVISIO Group develops and sells advanced communication systems
that enable professionals in noisy and mission critical
environments to communicate, protect their hearing and work
effectively. The company combines specialist knowledge in acoustics
and hearing with broad engineering know-how in software, materials
technology and integration. The INVISIO Group's solutions are
marketed under the two brands INVISIO and Racal Acoustics. Sales
are via the headquarters in Copenhagen and sales offices in the
USA, France, the United
Kingdom, Italy and
Thailand and via a global network
of partners. INVISIO's registered office is in Stockholm and the company is listed on Nasdaq
Stockholm (IVSO). Additional information is available on the
company's website www.invisio.com.
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