Scandinavian Astor Group AB: Astor Group's associated company Nordic Shield Group receives orders worth approximately SEK 36 million
Scandinavian Astor Group AB (publ) ("Astor Group" or the "Company") associated company in the field of security-classified structures, Nordic Shield Group AB ("NSG"), has received orders with a total value of approximately SEK 36 million, through its wholly owned subsidiary Cesium AB ("Cesium"). The orders are for security structures for defense and security actors in the Western world.
"The orders strengthen Nordic Shield Group's position in security-classified building and protection solutions and confirms the continued high demand for robust physical security in an increasingly complex world", says Mattias Hjorth, CEO of Astor Group.
The orders are for security structures, and deliveries are planned to be made gradually during the first half of 2026. The customers are Western defence and security actors. The projects include advanced solutions for protecting critical infrastructure and security-sensitive operations.
Due to the nature of the industry and circumstances concerning customers and national security interests, no further information about these orders or customers will be disclosed.
About Nordic Shield Group
Nordic Shield Group, including the operations of Cesium, NEZ, and NSG's proprietary solutions, offers specially high-level protective and secure structures, such as shelters, data centers, and containers. The systems are developed to meet modern threats such as intrusion, sabotage, and electromagnetic pulse (EMP), with a focus on mobility and rapid deployment. NSG is an associated company of Scandinavian Astor Group, which owns 36,5 per cent of the business.
Scandinavian Astor Group - Strength and security in all elements
For additional information please contact:
Scandinavian Astor Group CEO Mattias Hjorth
Phone: +46 8300 800
E-mail: ir@astorgroup.se
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 Main Market (ticker: ASTOR) and Boerse Stuttgart. The Company is headquartered in Stockholm, Sweden. For more information about Astor Group's business, visit: www.astorgroup.se