Bittium Corporation has raised its financial outlook for 2025 after securing larger-than-expected deals in its defense & security business segment, driven by strong growth in the defense market. 

Bittium estimates the annual net sales to be EUR 116–120 million and the operating result to be EUR 19–21 million, the provider of secure connectivity solutions said in an inside information release published on December 29. Previously, Bittium had expected net sales of EUR 95–105 million and operating profit of EUR 10–13 million.

The upgraded outlook follows a licensing agreement signed with Spain’s Indra Group covering Bittium Tough Software Defined Radio technology. According to the release, Bittium has received a purchase order worth EUR 50 million under the agreement with the Spanish supplier of defense systems. 

“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 10 years,” the Finnish company said, assuming implementation follows current forecasts.

The outlook upgrade builds on strong recent performance. In the third quarter, Bittium’s net sales rose 64.9% to EUR 23.1 million, driven by defense growth, while operating profit improved to EUR 2.5 million. CEO Petri Toljamo highlighted expanding defense demand, new partnerships, and investments in secure 5G and artificial intelligence as key growth drivers in the October release.