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Published by OXE Marine through its verified NDS press room. This is company-issued content, not NDS newsroom reporting.
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Ängelholm, 10 July 2026 — OXE Marine AB (publ), the leader in high-performance diesel marine propulsion, today announces an order ("Order") from GM Marine valued at approximately USD 0.7 million, which is the first order of a total project value of approximately USD 1 million. The Order covers components and engineering services and a study focused on the further development of OXE's patented lower leg drive and the opportunities it creates to support alternative powertrain solutions. Revenue is expected to be recognised over the remainder of the year.
The material above is published by a third party through Nordic Defence Sector and does not constitute editorial content from the NDS newsroom.