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Advenica receives order for cybersecurity products from European Space Agency

Advenica, a leading European provider of cybersecurity solutions, has received an order for both encryption products and Cross Domain Solutions from the European Space Agency (ESA).

25 Mar 2019

Advenica provides expertise and unique, technically advanced, durable and future-proof high assurance cybersecurity solutions for critical data in motion up to Top Secret classification. The company has its head office in Malmö, Sweden and established itself in Austria in mid-2017 to provide high-security cybersecurity solutions to customers in Austria and other European countries.

The Austrian office has now received an order from European Space Agency (ESA). Encryption products based on Advenica's patented technology which meets the authorities' requirements for communication of sensitive information is one part of the order. The other part consists of solutions for controlled information exchange between different networks and security domains, so called Cross Domain Solutions. The total order value exceeds 1 MSEK and planned delivery is during the spring of 2019.

"We work with many customers whose operations require high-assurance solutions to safeguard their most valuable information. Our technology isolates networks physically yet allows critical information to be communicated in a 100 % secure mode. This order from ESA is an important step, not only for Advenica’s further growth but also to keeping Europe safe", says Markus Gursch, CEO Advenica Austria.

For further information, please contact: Markus Gursch, CEO Austria, +43 1 25 30025 270, markus.gursch@advenica.com

This information is information that Advenica AB is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.50 a.m. CET on March 25, 2019.

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