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THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog
THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog

Yahoo

time03-07-2025

  • Business
  • Yahoo

THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog

IRIS-C Thermal Clip-On PRESS RELEASE Bloomberg (THEON:NA) / Reuters ( order for several THEON IRIS-C thermal clip-on units, intended to equip the Special Forces of a Northern European country IRIS-C is gaining strong traction amongst customers globally and is expected to become the new reference product for upgrading NVGs c.€66 million of already announced orders have moved to hard backlog in the last 15 days, involving mainly THEON's new digital A.R.M.E.D. products3 July 2025 – Theon International Plc (THEON) announces that one of its long-standing customers, has placed an order for several thermal clip-ons IRIS-C for their Special Forces, after rigorous testing. This strong start in Q3 is another conviction that THEON'sA.R.M.E.D. ecosystem of products enhances situational awareness of armies that use new generation digital products. This latest order follows THEON's announcement of IdZ (German Future Soldier) earlier in the year and demonstrates THEON's ability to successfully diversify its product portfolio through leading in-house innovation. These new digital products are expected to become the new reference products for advanced armies initially in Europe and then globally. Philippe Mennicken, Deputy CEO & Business Development Director of THEON, stated: "This is the first meaningful order for our new thermal clip-on, a good testament to the capabilities of our in-house design team. We expect to announce large tender awards for this product soon and thus significantly diversify further our revenues starting from next year, complementing the high growth in our market leading night vision products.' Picture: IRIS-C thermal clip-onFor inquiries, please contact: Investor RelationsNikos MalesiotisE-Mail: ir@ +30 210 6772290 Media ContactElli MichouE-Mail: press@ Tel: +30 210 6728610About THEON GROUPTHEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February Attachments Press-Release_Trading-Update-Q3-03-07-2025 IRIS-C Thermal Clip-On

THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog
THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog

Yahoo

time03-07-2025

  • Business
  • Yahoo

THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog

IRIS-C Thermal Clip-On PRESS RELEASE Bloomberg (THEON:NA) / Reuters ( order for several THEON IRIS-C thermal clip-on units, intended to equip the Special Forces of a Northern European country IRIS-C is gaining strong traction amongst customers globally and is expected to become the new reference product for upgrading NVGs c.€66 million of already announced orders have moved to hard backlog in the last 15 days, involving mainly THEON's new digital A.R.M.E.D. products3 July 2025 – Theon International Plc (THEON) announces that one of its long-standing customers, has placed an order for several thermal clip-ons IRIS-C for their Special Forces, after rigorous testing. This strong start in Q3 is another conviction that THEON'sA.R.M.E.D. ecosystem of products enhances situational awareness of armies that use new generation digital products. This latest order follows THEON's announcement of IdZ (German Future Soldier) earlier in the year and demonstrates THEON's ability to successfully diversify its product portfolio through leading in-house innovation. These new digital products are expected to become the new reference products for advanced armies initially in Europe and then globally. Philippe Mennicken, Deputy CEO & Business Development Director of THEON, stated: "This is the first meaningful order for our new thermal clip-on, a good testament to the capabilities of our in-house design team. We expect to announce large tender awards for this product soon and thus significantly diversify further our revenues starting from next year, complementing the high growth in our market leading night vision products.' Picture: IRIS-C thermal clip-onFor inquiries, please contact: Investor RelationsNikos MalesiotisE-Mail: ir@ +30 210 6772290 Media ContactElli MichouE-Mail: press@ Tel: +30 210 6728610About THEON GROUPTHEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February Attachments Press-Release_Trading-Update-Q3-03-07-2025 IRIS-C Thermal Clip-OnSign in to access your portfolio

THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)
THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

Globe and Mail

time23-06-2025

  • Business
  • Globe and Mail

THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

Bloomberg (THEON:NA) / Reuters ( Most new orders to be delivered in FY 2025 Total order intake in FY 2025 already surpassed €160 million, with additional embedded options of c.€100 million Increased traction for digital products is expected to lead to further new orders soon 23 June 2025 – Theon International Plc (THEON) announces new order intake of c.€50 million. These orders consist of a balanced selection of products and originate from various small tenders and direct orders, primarily in Europe. Most of these orders are projected to be delivered by the end of the year, bolstering confidence in reaching the upper range of the guidance, which is set at €430 million. With these orders, THEON has replenished the deliveries for the first half of 2025 and is entering a period where the outcome of several new larger size tenders is anticipated, especially concerning its digital A.R.M.E.D. products. 'The first half of the year has shown significant activity so far. As we commence the second half of the year, we are strategically positioned to secure substantial new orders as anticipated. Our customers are very satisfied with the performance of our new A.R.M.E.D. products and we expect them to place more orders in the future establishing them as the fastest growing segment of our business', said Philippe Mennicken, Deputy CEO and Business Development Director of THEON. For inquiries, please contact: About THEON GROUP THEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February 2024. Attachment

THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)
THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

Yahoo

time23-06-2025

  • Business
  • Yahoo

THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

PRESS RELEASE Bloomberg (THEON:NA) / Reuters ( new orders to be delivered in FY 2025 Total order intake in FY 2025 already surpassed €160 million, with additional embedded options of c.€100 million Increased traction for digital products is expected to lead to further new orders soon 23 June 2025 – Theon International Plc (THEON) announces new order intake of c.€50 million. These orders consist of a balanced selection of products and originate from various small tenders and direct orders, primarily in Europe. Most of these orders are projected to be delivered by the end of the year, bolstering confidence in reaching the upper range of the guidance, which is set at €430 million. With these orders, THEON has replenished the deliveries for the first half of 2025 and is entering a period where the outcome of several new larger size tenders is anticipated, especially concerning its digital A.R.M.E.D. products. 'The first half of the year has shown significant activity so far. As we commence the second half of the year, we are strategically positioned to secure substantial new orders as anticipated. Our customers are very satisfied with the performance of our new A.R.M.E.D. products and we expect them to place more orders in the future establishing them as the fastest growing segment of our business', said Philippe Mennicken, Deputy CEO and Business Development Director of inquiries, please contact: Investor RelationsNikos MalesiotisE-Mail: ir@ +30 210 6772290 Media ContactElli MichouE-Mail: press@ +30 210 6728610 About THEON GROUPTHEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February Attachment THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)
THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

Yahoo

time23-06-2025

  • Business
  • Yahoo

THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

PRESS RELEASE Bloomberg (THEON:NA) / Reuters ( new orders to be delivered in FY 2025 Total order intake in FY 2025 already surpassed €160 million, with additional embedded options of c.€100 million Increased traction for digital products is expected to lead to further new orders soon 23 June 2025 – Theon International Plc (THEON) announces new order intake of c.€50 million. These orders consist of a balanced selection of products and originate from various small tenders and direct orders, primarily in Europe. Most of these orders are projected to be delivered by the end of the year, bolstering confidence in reaching the upper range of the guidance, which is set at €430 million. With these orders, THEON has replenished the deliveries for the first half of 2025 and is entering a period where the outcome of several new larger size tenders is anticipated, especially concerning its digital A.R.M.E.D. products. 'The first half of the year has shown significant activity so far. As we commence the second half of the year, we are strategically positioned to secure substantial new orders as anticipated. Our customers are very satisfied with the performance of our new A.R.M.E.D. products and we expect them to place more orders in the future establishing them as the fastest growing segment of our business', said Philippe Mennicken, Deputy CEO and Business Development Director of inquiries, please contact: Investor RelationsNikos MalesiotisE-Mail: ir@ +30 210 6772290 Media ContactElli MichouE-Mail: press@ +30 210 6728610 About THEON GROUPTHEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February Attachment THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)Sign in to access your portfolio

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