Ovzon
Satellite telecommunications company
From Wikipedia, the free encyclopedia
Ovzon AB is a broadband telecommunications company that offers, according to their informations[1], mobile satellite communications services, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility.
 | |
| Company type | Public |
|---|---|
| Industry | Telecommunications, Satellite internet access |
| Predecessor | OverHorizon (Sweden) |
| Founded | 2006 |
| Headquarters | Stockholm, Sweden |
Number of locations | Stockholm, Sweden; Florida, United States |
Area served | Worldwide |
| Products | Mobile broadband services via satellite |
| Website | www |
History
Ovzon was founded in 2006 and has offices in Stockholm[1], Sweden, Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap.
In September 2025, Ovzon signed a refinancing agreement with Danske Bank as part of a term loan of SEK 300 million, with a revolving credit facility of another SEK 300m, over a tenor of two years with a one-year extesion, which reduced the company's interest expenses.[2]
Ovzon-3 satellite
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Ovzon planned to procure and launch its own communications satellite Ovzon-3 with a mass of 1800 kg,[3] which was announced on 16 October 2018.[4] The original launch contract was attributed to SpaceX for a Falcon Heavy mission no earlier than the fourth quarter of 2020. The satellite would have been delivered directly into geostationary orbit.[5]
Ovzon announced 23 August 2019 that it had ended its agreement with SpaceX and would instead launch Ovzon-3 on an Arianespace Ariane 5 ECA launch vehicle in 2021.[6]
Delays in satellite manufacturing led Ovzon to shift the launch back to SpaceX as the Ariane 5 approached its retirement.[7] Ovzon-3 was launched on a Falcon 9 Block 5 on 3 January 2024.[8] It is the first commercial satellite with Roll Out Solar Array that were deployed on 10 January 2024.[9][10]
