Clavister has received two new orders for its cybersecurity products from a European defence group and a European authority, with a total value of 12 million kronor, with the potential for additional revenue, the company announces.

The orders pertain to software licences for firewalls and Identity and Access Management (IAM) solutions.

The first order, valued at approximately 5 million kronor, concerns Clavister's AI-driven firewall software CyberArmour, which will be integrated into defence systems produced in southern Europe. Delivery will commence in the third quarter of 2024.

– We are proud to see additional defence systems benefit from Clavister CyberArmour. We look forward to a rewarding collaboration with the customer and view this as a long-term partnership where more of the customer's systems may be equipped with our technology, says John Vestberg, CEO of Clavister in a press release.

The second order, valued at 7 million kronor, concerns Clavister's IAM software PhenixID and includes both licence renewal and support services over 24 months. There is also an option that can increase the total order value to 22 million kronor over a period of 48 months. Deliveries for this order also start in the third quarter of 2024.