Bittium Oyj

Bittium Corporation has announced its financial calendar for 2025, detailing the publication schedule for its financial reports and business reviews. The company will release its Half Year Financial Report and Financial Statement Bulletin, as well as Business Reviews for January-March and January-September. Bittium began segment-based reporting in 2024 and will continue to report on its three business segments and group functions. The 2024 Annual Report, including financial statements and a sustainability report, will be available by April 15, 2025, with the Annual General Meeting scheduled for May 7, 2025, in Oulu, Finland. Bittium specializes in secure communications and connectivity solutions, information security for mobile devices, and healthcare technology for biosignal measurement. In 2023, the company reported net sales of EUR 75.2 million and an operating loss of EUR 4.3 million. Bittium is listed on Nasdaq Helsinki.

Bittium Corporation has updated its growth strategy and long-term financial goals for 2025-2028. The strategy focuses on four pillars: enhancing secure embedded technology expertise, improving sales and commercialization capabilities, aligning R&D investments with customer needs, and ensuring delivery capabilities. The company aims for an average annual net sales growth of over 10% and an operating profit level above 10%. Bittium plans to shift from an R&D-oriented organization to a sales and customer-oriented structure, focusing on three business segments: Medical, Defense & Security, and Engineering Services. The Medical segment will concentrate on biosignal measurement solutions, including ECG, EEG, and EMG devices, with an emphasis on remote diagnostics. The Defense & Security segment will enhance tactical communication and secure mobile communication solutions, leveraging geopolitical trends and NATO membership to increase international visibility. The Engineering Services segment will focus on R&D services and wireless connectivity solutions, investing in AI and global customer relationships. Bittium's financial goals remain consistent with previous targets, aiming for significant growth and profitability.

Bittium Corporation announced that its subsidiary, Bittium Wireless Ltd, has signed a Partnership Agreement with the Finnish Defence Forces for 2025–2036. The agreement involves the life cycle setup and maintenance of command-and-control systems manufactured by Bittium, including tactical communications systems and related products. This framework allows for annual joint planning and purchasing of Bittium's products, software, and services by the Finnish Defence Forces. The agreement aims to support national defense and ensure the availability of critical military technologies in Finland. It replaces a previous purchase agreement from 2018 and includes a framework agreement from 2023. The deal was signed by representatives from both Bittium and the Finnish Defence Forces on November 25, 2024. Bittium specializes in secure communications solutions and had net sales of EUR 75.2 million in 2023, despite an operating loss of EUR 4.3 million.

Bittium Corporation announced that the Finnish Defence Forces have commenced serial procurement of Bittium Tough SDR Handheld and Vehicular radios, with a purchase order valued at approximately EUR 25.6 million. This order is part of an additional purchase option from a 2018 agreement. Deliveries will occur between 2024 and 2025. The radios will replace the Finnish Defence Forces' existing analogue radios, offering enhanced broadband tactical communications. The Tough SDR radios are compatible with the Bittium Tactical Wireless IP Network system and support NATO-standard communications. Bittium, listed on Nasdaq Helsinki, specializes in secure communications and connectivity solutions, with 2023 net sales of EUR 75.2 million.

Bittium Corporation announced that the Finnish Defence Forces have been authorized by the Finnish Minister of Defence, Antti Häkkänen, to begin serial procurement of Bittium Tough SDR tactical radios from Bittium Wireless Ltd, a subsidiary of Bittium Corporation. The procurement is valued at approximately EUR 25.6 million and is the third additional purchase related to an agreement signed in December 2018. Deliveries of the radios, which will replace existing analogue tactical radios, are planned to start in late 2024 and continue into 2025. These radios will be integrated into the Finnish Army's M18 C5 system and will be used across all military branches. The radios offer enhanced performance through software-defined capabilities and are compatible with the Bittium Tactical Wireless IP Network system. Bittium, a company specializing in secure communication solutions, reported net sales of EUR 75.2 million and an operating loss of EUR 4.3 million in 2023.