Sectra (STO:SECTB) has announced that it has received another order from FMV, the Swedish Defense Material Administration for its crypto. The crypto will be used for secure tactical radio, used by Swedish peacekeeping forces to protect radio communications from eavesdropping. The price of the order totals at SEK 8 million.
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Sectra develops and sells products for secure voice and data communications. It’s primary clients are government authorities and defense departments in Europe. The company’s expertise lies in encryption and is a leader in the design and development of secure communications systems.
Sectra AB is a Sweden-based technology company. It has two business areas: Secure Communication Systems and Medical Systems. Secure Communications Systems provides encryption products for secure voice and data communications, as well as develops customer-specific products for secure communication. Its main customers include government authorities and defense departments primarily within the European market. Medical Systems offers information technology (IT)-systems and products for radiology, mammography and orthopedic departments, as well as modalities for mammography examinations. Its main customers include public and private hospitals and healthcare providers, principally within the markets of Europe, North America, Australia, New Zealand and Japan. As of April 30, 2009, Sectra AB had an office presence in 12 countries and its products were sold to approximately 50 countries, either by the Company itself or through regional and local partners.
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