EXOSENS AND THEON INTERNATIONAL FRAME THEIR LONG-TERM COMMERCIAL RELATIONSHIP TO COVER NIGHT VISION DEVICES BUSINESS
10 September 2024 - 7:30PM
UK Regulatory
EXOSENS AND THEON INTERNATIONAL FRAME THEIR LONG-TERM COMMERCIAL
RELATIONSHIP TO COVER NIGHT VISION DEVICES BUSINESS
EXOSENS AND THEON INTERNATIONAL FRAME
THEIR LONG-TERM COMMERCIAL RELATIONSHIP TO COVER NIGHT VISION
DEVICES BUSINESS
PRESS RELEASE
MÉRIGNAC, FRANCE– SEPTEMBER, 10th 2024
- Exosens
and Theon have signed a multi-year image intensifier tubes delivery
agreement for 2025/2026 with an option for 2027 including volumes
commitment, covering Theon needs and enabling Exosens to smooth out
its operations in an increasing market demand.
Exosens, a high-tech company
focused on providing mission and performance-critical
amplification, detection and imaging devices, today announces the
signature of a supply agreement with volumes and notice period
commitments, covering two years until end of 2026, with an option
for 2027, with Theon, a leading developer and manufacturer of
customizable night vision and thermal imaging systems for defense
and security applications.
This agreement gives the opportunity to Exosens
to further optimize its manufacturing and supply chain operations
while strengthening its capability to better respond to the
increasing market demand.
Over the years, night vision has become central
to modern warfare, as operations increasingly take place at night.
This evolution has been reinforced by the geopolitical situation
with recent conflict in Ukraine which now involve high intensity
combat. Drawing on decades of expertise, Photonis, brand of
Exosens, offers image intensifier tubes, the engine of night vision
devices, which improve soldiers’ tactical situational awareness,
agility and mobility, as well as their targeting and driving
capabilities, even on the darkest of nights. Photonis 4G and 4G+
products have been selected by the armies of all major European
countries and by NATO forces, who recognized the unique product
performance in the battlefield.
“This agreement is the result of
long-lasting relationship with Theon, one of our OEM customers.
We’re very pleased to continue to manufacture and deliver high
quality key products in a growing environment. Our investment in
production capability enables us to meet the requirements of our
End Users to remain the undisputed world leader and image
intensifier tubes manufacturer. This agreement is providing us with
the means to optimize our manufacturing operations and supply chain
in the years to come and, at the same time, maintain the
flexibility required to answer fast evolving demand.”
commented Jérôme Cerisier, CEO of Exosens.
“Image Intensification Tubes are a critical
component of Night Vision goggles, representing a significant
portion of their cost. Theon has been taking measures to
ensure its long-term ability to deliver to its existing customers,
as well as to accommodate further expected growth in its revenues
in 2025-2026 and thus, higher demand of tubes.” added
Christian Hadjiminas, CEO of Theon.
ABOUT EXOSENS:
Exosens is a high‐tech company, with more than
85 years of experience in the innovation, development,
manufacturing and sale of high‐end electro‐optical technologies in
the field of amplification, detection and imaging. Today, it offers
its customers detection components and solutions such as travelling
wave tubes, advanced cameras, neutron & gamma detectors,
instrument detectors and light intensifier tubes. This allows
Exosens to respond to complex issues in extremely demanding
environments by offering tailor‐made solutions to its customers.
Thanks to its sustained investments, Exosens is internationally
recognized as a major innovator in optoelectronics, with production
and R&D carried out on 11 sites, in Europe and North America
and with over 1,700 employees.
Exosens is listed on compartment A of the
regulated market of Euronext Paris ﴾Ticker: EXENS –
ISIN: FR001400Q9V2﴿ and is a member of Euronext Tech Leaders
segment.
For more information: exosens.com
Forward-looking statements
Certain information included in this press
release are not historical facts but are forward-looking
statements. These forward-looking statements are based on current
beliefs, expectations and assumptions, including, without
limitation, assumptions regarding present and future business
strategies and the environment in which Exosens operates, and
involve known and unknown risks, uncertainties and other factors,
which may cause actual results, performance or achievements to be
materially different from the forward-looking statements included
in this press release.
Media contacts for Exosens:
Brunswick group – exosens@brunswickgroup.com
Laetitia Quignon, + 33 6 83 17 89 13
Nicolas Buffenoir, + 33 6 31 89 36 78
- EXOSENS-THEON - Press release English_VF
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