Telenor Subsidiary Secures €15 Million Nordic Defence Contracts

Core Viewpoint - Telenor's Finnish subsidiary KNL has secured contracts worth €15 million under a ten-year framework agreement with the Finnish and Swedish Armed Forces, highlighting the increasing demand for secure communication solutions amid geopolitical uncertainties in Europe [1][2]. Company Overview - KNL specializes in advanced high-frequency (HF) communication solutions that provide encrypted and resilient connectivity, capable of automatic connection in under one second, even in jamming conditions [3][6]. - The company became part of Telenor in 2020 and has focused on secure defense communications, engaging with NATO countries and running pilots with Norway's Defence Research Establishment [6][7]. Industry Context - The contracts are part of a broader ten-year framework agreement with NORDEFCO, aimed at enhancing joint procurement and interoperability among Nordic nations, with potential extensions to additional NATO countries [4]. - The growing demand for secure communication solutions is underscored by the current complex security environment, emphasizing the importance of KNL's technology in strengthening regional security [2][5]. Future Outlook - KNL is ramping up production to meet increasing market demand, with several countries expressing interest in testing and adopting its solutions, indicating strong potential for future orders [5][7]. - Initial deliveries to the Finnish and Swedish armed forces are expected to be completed by the end of the year [4].