Advenica wins 27 MSEK contract from Swedish defense authority
Swedish cybersecurity firm Advenica has secured a three-year contract with a Swedish defense authority to continue the development of an existing encryption solution.
Advenica has received a contract worth 27 million SEK from a Swedish authority within the national total defense sector. The agreement covers the ongoing development of an existing encryption product and is scheduled to run through the fourth quarter of 2028.
The project will be managed through Advenica’s Designhouse business unit, with deliveries made on an ongoing basis. This contract reflects the company’s continued involvement in protecting high-security environments, an area that requires specialized expertise in data protection.
CEO Marie Bengtsson noted that the agreement underscores the trust placed in the company by national authorities regarding the protection of critical societal information. Advenica provides a range of cybersecurity hardware and software aimed at government and infrastructure clients.