Subsidiary Marstrom Composite secures order of approximately SEK 21.3 million from the defense industry

Scandinavian Astor Group (”Astor Group” or the ”Company”) announces today that its subsidiary Marstrom Composite AB (“Marstrom”) has received an order of approximately SEK 21.3 million. The order is for the delivery of composite products to a defense contractor in Northern Europe.

”This order is an important recognition of our ability to deliver high-performance composite solutions for critical defense applications. It strengthens our long-term relationship with the customer and shows that our investments in technology and quality are paying off”, says Fredrik Lindblom, CEO of Marstrom Composite.

Astor Group's subsidiary Marstrom has today received an order of approximately SEK 21.3 million for composite products for the defense industry where the customer is a major defense company in northern Europe. Deliveries will start in Q3 2025 and continue until the end of 2027.

Due to the nature of the industry and the circumstances of the customer, as well as national security interests, no further information about this order or the customer will be disclosed.

Scandinavian Astor Group – Strength and security in all elements

For further information, please contact:
Scandinavian Astor Group’s CEO Mattias Hjorth
E-mail: [email protected]

This information is information that Scandinavian Astor Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at the time specified by Astor Group's news distributor at the time of publication of this press release.

Please note that this is an English translation of a press release written in Swedish by Scandinavian Astor Group AB (publ), in the event of any inaccuracies, the Swedish version applies.

About Scandinavian Astor Group AB (publ)
Scandinavian Astor Group is a Swedish defense group shaping the future of security and protection. Through its three business areas - Astor Tech, Astor Industry and Astor Protect - the Group delivers advanced technology, high-quality components and critical security solutions to primarily the defense, industry and public safety sectors. Astor Group is listed on NGM Nordic SME (ticker: ASTOR) and Boerse Stuttgart. The Company is headquartered in Stockholm, Sweden. Shark Communication AB, tel. +46 73-434 45 15, e-mail: [email protected] is the Company's Mentor. For more information about Astor Group's business, visit: www.astorgroup.se