STOCKHOLM, Jan. 26, 2022 /PRNewswire/ -- INVISIO has
entered into a five-year framework agreement where the end-customer
is the Armed Forces of a European country. The contract, which is
with the system integrator of the end-customer's vehicle
modernization program, concerns Racal Acoustics' new CVC headset,
the RA4000 Magna™ with accessories. The value is
approximately SEK 275 million over
the agreement period, but no volumes are guaranteed.
The agreement is part of the end-customer's ongoing
modernization program of systems that enable effective
communication in heavy vehicles.
The contract is a significant strategic success for the new
digital RA4000 Magna™ Combat Vehicle Crewman (CVC) headset.
The agreement is not the first success for the new and highly
advanced RA4000 Magna™ headset. Early in 2021 Racal Acoustics
announced that they had signed a 7-year framework agreement for
deliveries to the Danish army. The value of the first order from
that agreement was USD 4.7
million.
"We are very pleased with the success of the new RA4000 Magna™
headset. There is no doubt that it is a market leading
solution for high noise vehicle environments. We are now very
much looking forward to addressing an array of ongoing and future
modernization programs with this communication solution," 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 the customer to
request a first part-delivery within six months but not want the
next delivery 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 specific customer
requirements, while prolonging the life of the product.
For further information, please contact:
Lars Højgård Hansen, CEO, INVISIO
Mobile: + 45 5372 7722 | Email: lhh@invisio.com
Michael Peterson, Director
Investor Relations & Corporate Communication, INVISIO
Mobile: +45 5372 7733 | Email: mpn@invisio.com
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 January 26, 2022, at 13:30 CET
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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INVISIO enters into
five-year framework agreement
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