German parliament approves the 3rd option of the OCCAR night vision contract under which 25 000 binoculars will be provided equipped with Photonis image intensifier tubes
GERMAN PARLIAMENT APPROVES THE 3rd OPTION OF THE OCCAR NIGHT VISION CONTRACT UNDER WHICH 25 000 BINOCULARS WILL BE PROVIDED EQUIPPED WITH PHOTONIS IMAGE INTENSIFIER TUBES PRESS RELEASEMÉRIGNAC, FRANCE– DECEMBER, 18th, 2024 Germany confirms the exercise of the 3rd option of its OCCAR night vision contract with the Consortium Hensoldt Optronics / THEON providing enhanced night combat capability to the German Armed ForcesIn this framework, Exosens will provide the Consortium with Photonis 16mm image intensifier tubes, recognized as the European standard, widely used by European Armed ForcesThis contract, together with increased demand on its markets, strengthens Exosens’ visibility over the mid-termThis OCCAR option 3 will be delivered mainly in 2025 and 2026.
Therefore, Exosens will communicate early January its resulting 2025 guidance The Defence Committee of the German parliament has approved a new addendum to the OCCAR contract today, exercising the 3rd consecutive option, ordering 25 000 binoculars equipped with Photonis image intensifier tubes, with an additional option of a similar size still available.
These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which Exosens operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to be materially different from the forward-looking statements included in this press release.
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