Kitron has signed a multi-year contract with a US customer to manufacture advanced sensor-based products for the European market. The contract, with an annual value of around seven million euros, will start towards the end of the fourth quarter of 2025.
The products will be manufactured using Kitron's existing manufacturing capabilities in Europe, leveraging the company's expertise in high-level assembly and complex electronics for the connectivity market sector.
"This significant agreement is a strong endorsement of Kitron's manufacturing capabilities and our ability to serve global customers through regional production models. It reflects our strategy to support growth in the connectivity sector through a combination of technology leadership, operational excellence and close collaboration with our customers," says Kristoffer Asklöv, COO of Kitron.
This agreement reinforces Kitron's role as a key manufacturing partner in the digitalization and sensor-led transformation of industrial markets and supports the continued investment in the European operations.
https://evertiq.de/news/2025-05-13-kitron-sichert-sich-millionen-vertrag