Free for publication on November 22, 2022 at 3.00 pm (CET +1)
Oulu, Finland, November 22, 2022 – Bittium has received a purchase order from the Finnish Defence Forces for tactical Bittium Tough SDR™ handheld and vehicular radios. The value of the purchase order is approximately EUR 4,3 million (excl. VAT). This purchase is the first optional additional purchase related to the purchase agreement signed on December 12, 2018. The radio deliveries related to this purchase order will begin during the year 2022. The purchase order does not change Bittium’s financial outlook for the year 2022, published in Bittium Corporation’s Business Review January-September 2022 on October 21, 2022.
Bittium Tough SDR handheld and vehicular radios will replace the Finnish Defence Forces’ existing stock of analogue tactical radios with modern software defined radios intended for broadband tactical communications. The radios will also offer significantly better performance for the Finnish Defence Forces compared to the earlier generation digital tactical radios. The Tough SDR radios are compatible with the software defined radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system already used by the Finnish Defence Forces. Part of the performance of the software defined radios is created with the software used in the radios. Thus, software development enables performance enhancements for the radios throughout their whole life cycle.
Bittium issued a stock exchange release on December 12, 2018, on the purchase agreement signed by the Finnish Defence Forces and Bittium. The purchase agreement includes terms for additional purchases, according to which, the Finnish Defence Forces have an option to purchase additional tactical radios and their related accessories, training, and system management for the use of the Army, Air Force, and Navy based on the prices agreed in the purchase agreement. If the optional additional purchase amounts would materialize in full, the total value of the purchases would be approximately EUR 207 million (excl. VAT) (EUR 257 million, incl. VAT) at the maximum.
Bittium Tough SDR product family
Bittium Tough SDR product family of tactical radios consists of Bittium Tough SDR Handheld™ , tactical handheld radio for individual soldiers, and Bittium Tough SDR Vehicular™ , tactical radio for vehicle installations. The Tough SDR radios help to produce and share real time situational awareness to all levels of the organization. This improves the performance and the effectiveness of the tactical troops, and leading the troops is easier based on the up-to-date situational awareness and more reliable connections. The uniquely wide range of frequency bands in the radios improves combat survivability. Using several waveforms, even simultaneously, improves compatibility and enables operations on different levels and missions. Together with the software defined Bittium Tactical Wireless IP Network™ (TAC WIN) system, used for forming a tactical broadband mobile IP backbone network, it is possible to bring broadband data and voice to all mobile troops starting from brigade level and all the way across the battlefield to an individual soldier.
Senior Vice President, Defense & Security Business Unit
Tel. +358 40 344 3507
Bittium – Defense & Security
Bittium is a trusted Finnish company with over 35 years of experience in advanced radio communication technologies. For the Defense & Security market, Bittium provides the most modern products and solutions for tactical and secure communications. The products and solutions for tactical communications bring broadband data and voice to all troops across the battlefield. For secure communications, Bittium offers proven mobile devices and cyber security solutions certified up to the CONFIDENTIAL level. Bittium's net sales in 2021 were EUR 86.9 million and operating profit was EUR 3.2 million. Bittium is listed on the Nasdaq Helsinki Exchange. www.bittium.com