CEO’s comment: “In Q2 we saw strong revenue, a high level of market activity, and keen interest in INVISIO's latest solutions. The recent partial U.S. government shutdown and reorganizations within the U.S. Department of Defense negatively impacted order intake. Our assessment is that no orders were lost, only delayed — and we expect to recover this business gradually during the second half of the year. During the quarter, the UK Ministry of Defence approved INVISIO as a direct supplier. We also launched INVISIO Drone AwareTM for the INVISIO T30 headset, further strengthening our solutions portfolio. ”
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