THEON receives a new order from a Northern European country for the thermal clip-on IRIS -C and swiftly converts soft backlog to hard backlog

PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS)New order for several THEON IRIS-C thermal clip-on units, intended to equip the Special Forces of a Northern European countryIRIS-C is gaining strong traction amongst customers globally and is expected to become the new reference product for upgrading NVGsc.€66 million of already announced orders have moved to hard backlog in the last 15 days, involving mainly THEON’s new digital A.R.M.E.D. products3 July...

Nicosia, 03/07/2025 (informazione.news - comunicati stampa - industria)

PRESS RELEASE

3 July 2025 – Theon International Plc (THEON) announces that one of its long-standing customers, has placed an order for several thermal clip-ons IRIS-C for their Special Forces, after rigorous testing. This strong start in Q3 is another conviction that THEON’s
A.R.M.E.D. ecosystem of products enhances situational awareness of armies that use new generation digital products.

This latest order follows THEON’s announcement of IdZ (German Future Soldier) earlier in the year and demonstrates THEON’s ability to successfully diversify its product portfolio through leading in-house innovation. These new digital products are expected to become the new reference products for advanced armies initially in Europe and then globally.

Philippe Mennicken, Deputy CEO & Business Development Director of THEON, stated:

 

For inquiries, please contact:

Nikos Malesiotis
E-Mail: ir@theon.com
Tel: +30 210 6772290

Elli Michou
E-Mail: press@theon.com Tel: +30 210 6728610

About THEON GROUP
THEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February 2024.

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