Bittium Corporation
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Bittium Corporation's Comment on Market Information Regarding the Possible Procurement of Tactical Radios by the Spanish Armed Forces

Bittium Corporation, Stock Exchange Release, July 11, 2025, at 1.00 pm (CEST+1)

Bittium Corporation publishes this stock exchange release to comment on the market information regarding the possible procurement of tactical radios by the Spanish Armed Forces.

According to information received by Bittium Corporation, the Spanish Ministry of Defense has launched a project to acquire new national software-based tactical radios. According to the information received, Spain currently does not have sufficient capabilities to manufacture the required systems, and therefore the program will potentially supplement the national industrial expertise with systems and technology already available on the market.

Bittium is evaluating the possibility of providing Bittium's technology to the Spanish Armed Forces' tactical communications modernization project together with its Spanish partner. Negotiations are still in the early stages, and there are no commitments regarding the potential cooperation. The company also does not have precise information on the size of the potential deal at this time. Bittium does not have an ongoing insider project related to this market information.

Oulu, Finland,
11 July 2025

Bittium Corporation
Petri Toljamo
CEO
 

Further Information:

Karoliina Malmi
Vice President, Communications & Sustainability
Tel. +358 40 344 2789

Distribution

NASDAQ Helsinki
Main media

Bittium

Bittium specializes in the development of reliable, secure communications and connectivity solutions leveraging its 40-year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measuring in the areas of cardiology and neurophysiology. Net sales in 2024 were EUR 85.2 million and operating profit EUR 8.6 million. Bittium is listed on Nasdaq Helsinki. www.bittium.com

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Bittium Corporation's Comment on Market Information Regarding the Possible Procurement of Tactical Radios by the Spanish Armed Forces (wkr0006.pdf)