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INVISIO Secures Major 10-Year Contract with US Coast Guard

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INVISIO Secures Major 10-Year Contract with US Coast Guard

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The latest update is out from INVISIO AB ( (SE:IVSO) ).

INVISIO AB has secured a significant 10-year contract with the US Coast Guard, valued up to SEK 930 million, to provide a wireless communication system for boat crews. This agreement, which includes an initial order of SEK 25 million, positions INVISIO as a key player in enhancing maritime communication capabilities, promising strong growth and reinforcing its market presence in the defense sector.

The most recent analyst rating on (SE:IVSO) stock is a Hold with a SEK369.00 price target. To see the full list of analyst forecasts on INVISIO AB stock, see the SE:IVSO Stock Forecast page.

More about INVISIO AB

INVISIO AB develops and sells advanced communication systems that provide hearing protection and enable effective communication in noisy and mission-critical environments. The company operates through its brands INVISIO and Racal Acoustics, leveraging expertise in acoustics and human hearing, and is headquartered in Stockholm, Sweden, with a presence in multiple countries.

Average Trading Volume: 79,074

Technical Sentiment Signal: Buy

Current Market Cap: SEK15.29B

Find detailed analytics on IVSO stock on TipRanks’ Stock Analysis page.

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