THEON THEON INTERNATIONAL PLC

THEON strengthens transatlantic defense cooperation at AUSA 2025, accelerates U.S. expansion

THEON strengthens transatlantic defense cooperation at AUSA 2025, accelerates U.S. expansion

PRESS RELEASE

Bloomberg (THEON:NA) / Reuters (THEON.AS)



Washington, D.C. - October 16, 2025. , a global market leader in night vision and electro-optical systems, underscored its growing presence in the U.S. defense market through major commercial agreements, new product introductions, and stakeholder engagements at the Annual Exposition of the Association of the United States Army (AUSA), held in Washington, D.C. on October 13-15.

THEON showcased its cutting-edge Night Vision, Thermal Imaging, and A.R.M.E.D. ecosystem technologies, driving situational awareness under the THEON NEXT strategy.

Strategic partnerships solidify U.S. footprint, incl. Kopin's partnership on Augmented Reality innovation

Building on established success with allies like Elbit Systems of America (ESA), EOTECH, and Aimpoint, THEON bolstered its strategic collaboration with U.S. technology leaders on next-generation soldier systems.

THEON unveiled a next-generation night vision tactical display system, featuring Kopin Corporation’s advanced DarkWAVE™ module, which highlights the companies’ collaborative efforts to deliver augmented reality solutions for defense applications.

Furthermore, the previously disclosed strategic investment between Kopin and THEON received a Direct Foreign Investment (DFI) approval on October 16, 2025, accelerating the establishment of a new AR-focused manufacturing and R&D hub in Reston, Virginia to bring production directly to its U.S. partners.

According to Dr. Michalis Kolotos, THEON’s Director of U.S. Operations “we are deepening our presence in the U.S. through our locally established company, forging partnerships with top-tier technology leaders, and securing key contracts that position THEON for sustainable growth, delivering world-class solutions to the U.S. forces and the allied missions.”

High-level roundtable on Transatlantic connectivity

In conjunction with the AUSA, THEON executives took part in an exclusive roundtable discussion on U.S.-Greece strategic defense collaboration. The event was convened by the Atlantic Council, a leading nonpartisan think tank, in partnership with the American-Hellenic Chamber of Commerce USA. Distinguished participants, including policy, armed forces, industry, and think tank stakeholders, engaged in a fruitful discussion about the geopolitical challenges and the necessary partnerships to secure the transatlantic defense industrial base.

                                        

General Andrew Poppas, Commanding General of the United States Army Forces Command, with the Ambassador of Greece to the U.S., Ekaterini Nassika, Dr. Michalis Kolotos, THEON’s Director of U.S. Operations, and THEON’ executives George Hadjiminas and Dimitrios Kalfas

    

From THEON’ s booth in AUSA 2025



For inquiries, please contact:

Investor Relations

Nikos Malesiotis

E-Mail:

Tel:
Media Contact

Elli Michou

E-Mail:

Tel:

About THEON GROUP

THEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 220,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February 2024.

Attachments



EN
16/10/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on THEON INTERNATIONAL PLC

Research Team
  • Research Team

WOOD Morning (20 October 2025)

HEADLINES: • Raiffeisen Bank International: material upside locked up in Russia (stays BUY) • Theon International: secures EUR 300m long-term supply agreement with a NATO country POSITIVE • Motor Oil Hellas: to receive an extra EUR 39m from its investment in Ellaktor POSITIVE • EME Macro/Strategy: macro all-in-one (13-19 October) • Magyar Telekom: 3Q25E preview – 13% yoy EBITDA growth expected (due on 12 November) • Wirtualna Polska: 3Q25E preview – soft quarter, with 1% yoy pro-forma adjusted E...

 PRESS RELEASE

THEON strengthens transatlantic defense cooperation at AUSA 2025, acce...

THEON strengthens transatlantic defense cooperation at AUSA 2025, accelerates U.S. expansion PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) Washington, D.C. - October 16, 2025. , a global market leader in night vision and electro-optical systems, underscored its growing presence in the U.S. defense market through major commercial agreements, new product introductions, and stakeholder engagements at the Annual Exposition of the Association of the United States Army (AUSA), held in Washington, D.C. on October 13-15. THEON showcased its cutting-edge Night Vision, Thermal Imaging,...

 PRESS RELEASE

THEON plans to acquire 9.8% stake in Exosens

THEON plans to acquire 9.8% stake in Exosens PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) 11 October 2025 – has entered into a definitive agreement with HLD Europe SCA, Invest Prince Henri SCA and Invest Gamma Sarl, investment companies belonging to Groupe HLD (HLD), to purchase a 9.8% stake in Exosens SA (EXOSENS) for a cash consideration of €268.7 million corresponding to €54.0 per share. EXOSENS is a leading French company specializing in advanced electro-optical technologies, including light amplification, detection and imaging systems. Following the completion of the tra...

Research Team
  • Research Team
KRU KRUK S.A.
OMV OMV AG ... (+9)

WOOD Daily: KRU PW; SNP RO; OMV AV; MIL PW; MUR PW; PL Macro; RO Macro...

HEADLINES: • Kruk: solid 3Q25 trading update, but still at a standstill in Spain NEUTRAL • OMV Petrom: 3Q25 trading statement POSITIVE • OMV: 3Q25 trading statement NEUTRAL • Bank Millennium: to book PLN 394m of FX mortgage saga provisions in 3Q25 NEUTRAL • Murapol: 734 apartments sold and 413 units handed over in 3Q25; 66% of our annual sales forecast met after 1-3Q25 NEGATIVE • Poland macro: NBP cuts again, on steady inflation • Romania macro: MPC on a prolonged pause • Theon International: si...

 PRESS RELEASE

THEON signs a new €300 million Senior Facility Agreement

THEON signs a new €300 million Senior Facility Agreement PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) 9 October 2025 – (THEON) has signed a new €300 million senior facility agreement with a syndicate of 9 leading international and Greek banks. The revolving credit facility has a tenor of 5 years and can be upsized, if required, to €400 million. The proceeds will be used for the refinancing of existing short-term debt, supporting general corporate purposes and possibly financing larger acquisitions. BNP Paribas acted as bookrunner and coordinator, with Commerzbank acting as...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch