THEON receives new orders of c.€70 million and continues acceleration on all fronts (opens original article in a new tab)

THEON International Plc reports new orders of approximately €70 million, with significant contributions from the Bundeswehr’s Future Soldier program. The company also notes accelerated order intake in Q2, reaching €153 million, and announces strategic moves into drone technologies and counter-drone systems through a joint venture and acquisition.

• THEON receives new orders of approximately €70 million, including a significant portion from Rheinmetall for the Bundeswehr’s Future Soldier program.
• THEON's second-quarter order intake reaches €153 million with an additional €27 million in options, bringing year-to-date intake to €223 million.
• THEON announces a joint venture with Safran in drone technologies and a potential acquisition of HGH Systèmes Infrarouges for €300 million to expand into counter-drone systems.