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KEBNI HAS SIGNED A FRAMEWORK AGREEMENT AND RECEIVES AN ORDER FOR DRIVE AWAY ANTENNA SYSTEMS

KebNi AB (publ) has signed a Distribution and Framework Agreement with a new customer in Turkey for Satmission' s Drive-Away Antenna Systems. The customer has communicated an estimated three-year sales forecast of approximately 9 MEUR (approx. 90 MSEK). An initial sample order has been placed, with the value of 92 493 EUR (approx. 920 KSEK).

Kristian Wallin, CCO, comments, "We welcome our new customer and look forward to a new and exciting collaboration. Great to see that our Satmission Antenna Systems are recognized. As the customer is active in a range of industries, such as electronics, defence, and parts manufacturing, we also see this connection as a strategic component for a wider interest in the complete KebNi product portfolio."

FOR MORE INFORMATION CONTACT:

Torbjörn Saxmo, CEO

Email: torbjorn.saxmo@kebni.com

Phone: +46 (0)709 16 14 82

About KebNi AB (publ)
KebNi has a long history and extensive experience in maritime and land-based satellite antenna solutions as well as solutions for inertial sensor systems for motion detection. The company, headquartered in Stockholm, is focused on becoming a leading supplier of reliable technology, products and solutions for satellite communications, security, positioning and stabilization. KebNi's products and solutions are aimed at government, military and commercial customers. The company operates in a global market, directly and through a network of resellers.

KebNi currently has operations in two different product areas - satellite communication and inertial sensors. These are described in detail at www.kebni.com.

KebNi "brings stability to a world in motion".

The company is listed on Nasdaq First North Growth Market [KEBNI B] and the company's Certified Adviser is G&W Fondkommission AB (ca@gwkapital.se, +46 8 503 000 50).

This is insider information that KebNi AB is obliged to publish in accordance with the EU Market Abuse Regulation (MAR). The information was submitted, through the care of the above contact person above, for publication on November 17, 2021 at 16:00 CET.

IR-Kontakt

Torbjörn Saxmo IR-kontakt
+46 (0)70 916 1482 torbjorn.saxmo@kebni.com

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