Ovzon AB is a broadband telecommunications company that offers, according to their informations[1], mobile satellite communications services, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility.
 | |
| Type | Public |
|---|---|
| Industry | Telecommunications, Satellite internet access |
| Predecessor | OverHorizon (Sweden)  |
| Founded | 2006 |
| Headquarters | Stockholm, Sweden, |
Number of locations | Stockholm, Sweden; Florida, United States |
Area served | Worldwide |
| Products | Mobile broadband services via satellite |
| Website | www |
History
editThis section needs expansion. You can help by adding missing information. (December 2023) |
Ovzon was founded in 2006 and has offices in Stockholm[1], Sweden, Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap.
In September 2025, Ovzon signed a refinancing agreement with Danske Bank as part of a term loan of SEK 300 million, with a revolving credit facility of another SEK 300m, over a tenor of two years with a one-year extension, which reduced the company's interest expenses.[2]
Ovzon-3 satellite
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Ovzon planned to procure and launch its own communications satellite Ovzon-3 with a mass of 1800 kg,[3] which was announced on 16 October 2018.[4] The original launch contract was attributed to SpaceX for a Falcon Heavy mission no earlier than the fourth quarter of 2020. The satellite would have been delivered directly into geostationary orbit.[5]
Ovzon announced 23 August 2019 that it had ended its agreement with SpaceX and would instead launch Ovzon-3 on an Arianespace Ariane 5 ECA launch vehicle in 2021.[6]
Delays in satellite manufacturing led Ovzon to shift the launch back to SpaceX as the Ariane 5 approached its retirement.[7] Ovzon-3 was launched on a Falcon 9 Block 5 on 3 January 2024.[8] It is the first commercial satellite with Roll Out Solar Array that were deployed on 10 January 2024.[9][10]
References
edit- 1 2 "Ovzon strengthens the Group Management". Ovzon. Retrieved 28 February 2026.
- ↑ Russell, Laurence (4 September 2025). "Ovzon signs refinancing agreement with Danske Bank". www.datacenterdynamics.com. Retrieved 27 December 2025.
- ↑ "Ovzon 3 Launch". Ovzon. Retrieved 12 November 2024.
- ↑ Wahlberg, Per (16 October 2018). "Ovzon signs agreement with SpaceX for first satellite launch" (Press release). Ovzon. Retrieved 17 October 2018.
- ↑ Henry, Caleb (16 October 2018). "Swedish firm buys Falcon Heavy launch". SpaceNews. Retrieved 16 October 2018.
- ↑ "SpaceX loses Falcon Heavy customer Ovzon to Arianespace". SpaceNews. 24 August 2019. Retrieved 25 August 2019.
- ↑ Rainbow, Jason (3 February 2023). "Ovzon taps in SpaceX for delayed debut satellite". SpaceNews. Retrieved 4 February 2023.
- ↑ "SpaceX Falcon 9 launches Ovzon-3 satellite, kicking off launch year at the Cape". Spaceflight Now. 3 January 2024. Retrieved 3 January 2024.
- ↑ "Redwire Roll-Out Solar Arrays Successfully Deployed on First Commercial GEO Satellite for Maxar's Ovzon 3 Mission". www.businesswire.com. 10 January 2024. Retrieved 11 January 2024.
- ↑ Rainbow, Jason (10 January 2024). "Ovzon 3 successfully deploys solar arrays in geostationary orbit". SpaceNews. Retrieved 11 January 2024.
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