Satellite Programs & Technology
Business Aviation
Commercial Space Industry (New Space)
Space Defense & Militarization
Ovzon reports 48% revenue growth and 38% EBITDA increase in Q2; company weighs timing for its second satellite
Swedish satellite operator and mobile satcom terminal manufacturer Ovzon said revenue for the three months ended June 30 rose 48% year over year and EBITDA increased 38%. Operating profit and cash flow also climbed materially, while the company said it is still considering its second-satellite plans.
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