Freja eID Signs Updated Framework Agreement With Teracom for Swedish Armed Forces Project
Bitget2026/11/04 12:23- Freja eID Group signed an updated framework agreement with Teracom to enable production deployment of electronic identification for the Swedish Armed Forces.
- License and operating-service orders could generate up to SEK 27.9 million in annual recurring revenue.
- The ceiling includes SEK 7.5 million for a previously agreed development environment not yet operational or generating revenue.
- The agreement runs through December 31, 2028, with no guaranteed orders.
- Orders under the framework will count toward annual recurring revenue, replacing proof-of-concept revenue as it phases out.
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