THEON International Secures New Orders Worth 50 Million Euros
The company has announced that most of these new orders are set for delivery in 2025. With rising demand for digital products, THEON anticipates further orders in the near future, bolstering its goal of reaching maximum revenue of 430 million euros. The total order value has already surpassed 160 million euros for 2025, including optional purchases estimated at around 100 million euros.
Philippe Mennicken, Deputy CEO and Business Development Director, highlighted, “The first half of the year was marked by significant activity. As we enter the second half, the company is well-positioned to secure more substantial orders in line with our forecasts. Our customers are highly satisfied with the performance of the new A.R.M.E.D. digital systems, which are projected to be the fastest-growing segment of our product lineup.”
These new orders encompass a diverse range of products, primarily sourced from small tenders and direct assignments, focusing mainly on the European market. With these recent orders, THEON has already surpassed its delivery figures for the first half of 2025 and anticipates positive results from larger international tenders, featuring the A.R.M.E.D. digital systems at the forefront of its offerings (an ecosystem of interconnected augmented reality devices).
