From left: CEO Steven Foss signs the agreement with Trond Neumann from Kongsberg Defense & Aerospace (KDA). The signing is supervised by Tønsberg mayor Anne Rygh Pedersen, Sandefjord's mayor Bjørn Ole Gleditsch and Kyrre Lohne from KDA.
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FOSSTECH WITH ALL-TIME HIGH ORDER BOOK!Energy Valley member Fosstech has signed a strategic partnership contract with Kongsberg Defense & Aerospace, making the total order book an all-time high of 100MNOK.
Borgeskogen 25. October: Fosstech, a leading company within mechatronics, cables/connectors, and encapsulation of electronics for harsh environments won the prestigious Maritime defense contract with Kongsberg Defence & Aerospace (KDA), in strong competition with 15 leading technology companies in Norway. This makes them qualified for delivering parts to Kongsberg Defense & Aerospace. The contract is the biggest in the company’s 25-year history, making the total order book an all-time high of NOK 100 million. “We have chosen Fosstech as a strategic supplier for our maritime programs, we hope that this is not just a one-off benefit, but something that will last over time. It is incredibly exciting to sign this contract today with Fosstech” says Kyrre Lohne, VP Strategic Business Development at KDA. By Linea Bancel, Energy Valley |
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Fosstech has over 20 Years Experience in this Business, as a Proven Strategic Partner, for Large Technology Companies.
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Fosstech is a Leading Player in the Market, within the Maritime Business, Delivering Various Electro-Mechanical-Products.
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Fosstech have both developed and manufactured Complex Acoustic Transducers and equipment for the Navel Industry and NATO-Countries.
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Looking into new cross-over markets, Fosstech has taken our competance and technology within encapsulation of Electronics, down to 6.000 mtrs., from Subsea to Infrastructure.
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Fosstech has through close cooperation with the Fishery Research Institute of Norway, Havforskningsinstituttet, developet several own products, with Fosstech IP.
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