Advenica has received an order worth 230 million Swedish kronor from a Swedish government agency within the Total Defence (Totalförsvar) framework for continued product development of an encryption product. The contract runs over four years, with deliveries taking place on a rolling basis until the end of 2029, according to a press release from the company.
The company states that the delivery will be carried out within the framework of Advenica's Designhouse operations. "We are proud of the long-term trust placed in us to develop, and ultimately deliver, the encryption solutions of the future for Sweden's Total Defence, at a time when it is of the utmost importance that the most sensitive information remains secure," says Marie Bengtsson, CEO of Advenica, in the press release.