Theon International Wins EUR50 Million Orders for Goggles, Kappa Products

01:19 AM EDT, 10/01/2026 (MT Newswires) -- Theon International (THEON.AS) secured contracts worth 50 million euros from European and Middle Eastern countries for its goggles and Kappa products. A European NATO Member state awarded a contract for the company's Nyx night vision goggles and Orion fused goggles, according to a Wednesday release. The defense-focused night vision and thermal imaging systems company's Kappa unit also received orders for land and sea applications, with an estimated total value in the high single-digit millions. Order deliveries are expected to commence in 2026.