Published: 2025-12-29 15:30:06 EET
Bittium Oyj - Inside information

Inside Information: Bittium Wireless Ltd, a Subsidiary of Bittium Corporation licenses its Tough SDR Technology to Spanish Indra Group

Bittium Corporation
Inside information

Inside Information: Bittium Wireless Ltd, a Subsidiary of Bittium Corporation
licenses its Tough SDR Technology to Spanish Indra Group

Bittium Corporation stock exchange release on 29 December 2025, at 3:30 pm
(CET+1)

Bittium Wireless Ltd, a subsidiary of Bittium Corporation, has signed an
agreement with Spanish Indra Group for licensing of Bittium Tough SDR technology
to Indra, and received a first purchase order of EUR 50 million from Indra
according to the agreement. This purchase order has a positive effect on
Bittium's financial outlook for 2025, and the company has issued a positive
profit warning as a separate stock exchange release today. In addition to the
purchase order received today, the estimated additional value of the agreement
is in the range of EUR 70 million during the next ten years, if the agreement is
implemented in accordance with current forecasts.

The transfer of Tough SDR technology has begun. By licensing Bittium's Tough SDR
technology, Indra will develop and manufacture sovereign, high-performance
handheld, vehicular, and manpack radios, with the main focus on Spain and
potentially extensible to other countries.

Bittium will continue developing and supplying its own tactical communication
products and radios for its customers globally. Bittium has extensive experience
in the development of software-defined radio technology and waveforms for
tactical communications and devices and software for secure communications. Its
solutions include a modular IP-based backbone network and next-generation
handheld and vehicular radios as well as ultra-secure mobile devices and
software solutions to government and public authorities. The tactical
communications solutions have been delivered to multiple countries, including
Finland, Estonia, Austria, and Croatia, to enable modern, resilient, and high
-performance communications seamlessly across domains and military branches.
Bittium's secure communication solutions are in use in 50 countries worldwide.

“This agreement demonstrates strong confidence in the excellence of our software
-defined radio technology. The new business model, in which we license our
technology, enables countries that require sovereign modern tactical radios to
use our technology. This expands significantly the global reach of our
technology and products to countries with strong defense industry champions. We
are excited to collaborate with Indra, and together we will make a significant
contribution to strengthening the defense capabilities.”, says Petri Toljamo,
CEO of Bittium Corporation.

Bittium announced with a stock exchange release on 18 July 2025 on a Letter of
Intent for strategic cooperation related to Bittium's SDR technology between
Indra and Bittium. Prior to this, Bittium and Indra have been collaborating
within the a4ESSOR joint venture. This consortium is composed of leading
European providers of tactical communications solutions and operates under the
auspices of six European nations to develop ESSOR waveforms that enable
interoperability among armed forces. ESSOR High Data Rate Waveform has been
adopted by NATO as the interoperability standard for tactical communications and
is compatible with the SDR technology licensed by Bittium to Indra.

Oulu, Finland, 29 December 2025,

Petri Toljamo
CEO
Bittium Corporation


Further information:

Tommi Kangas
Senior Vice President, Bittium Defense & Security
Tel. +358 40 344 2789 (group communications)
Email: investor.relations@bittium.com

Distribution

Nasdaq Helsinki Oy
Main media


Bittium

Bittium specializes in the development of reliable, secure communications and
connectivity solutions leveraging its 40-year legacy of expertise in advanced
radio communication technologies. Bittium provides innovative products and
services, customized solutions based on its product platforms and R&D services.
Complementing its communications and connectivity solutions, Bittium offers
proven information security solutions for mobile devices and portable computers.
Bittium also provides healthcare technology products and services for biosignal
measuring in the areas of cardiology and neurophysiology. Net sales in 2024 were
EUR 85.2 million and operating profit was EUR 8.6 million. Bittium is listed on
Nasdaq Helsinki. www.bittium.com



                 

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