THEON Corporate Updates – January 2026
Globenewswire·2026-01-14 17:22

Corporate Updates - Theon International Plc (THEON) is accelerating investment in Harder Digital to boost capacity and improve quality metrics due to increasing global demand for Image Intensifier Tubes (IIT) [3][4] - The forecasted profitability of Harder Digital is expected to increase from 2027 onwards, with the segment projected to account for 8-10% of THEON's target of €1 billion revenues by 2029-2030 [4] Acquisition - On January 14, 2026, THEON completed the acquisition of Kappa Optronics GmbH (KAPPA) for €69.9 million, which is expected to contribute approximately €40 million to THEON's revenues in FY 2026 [5] Partnerships and Initiatives - THEON is collaborating with Team Wendy Ceradyne on a U.S. Army-funded initiative to develop a next-generation Integrated Multi-Threat Headborne System (IMHS) prototype, enhancing situational awareness for soldiers [6][7] Sustainability Commitment - THEON has joined the United Nations Global Compact (UNGC) as of January 6, 2026, demonstrating its commitment to human rights, labor, environment, and anti-corruption principles [8] Recognition - At the Euronext Amsterdam Annual Awards 2025, THEON was recognized as the 'Best Performer of the Next 20 Index' based on share price performance, highlighting effective execution and strategic direction [9] Financial Calendar - THEON will announce FY 2025 Preliminary Results on February 16, 2026, and the Q1 2026 Trading Update will be published on May 5, 2026 [11]