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IOT Seco SpA News Story

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Seco rises as certification confirms multi-year partnership with Boeing, US Navy

** Shares in Seco IOT.MI rise more than 6% after the Italian high-tech firm and Boeing BA.N got design certification for their MQ-25A deck control device for the U.S. Navy, ensuring long-term partnership

** The certification confirms full delivery and acceptance of the deck control device under a long-term collaboration with Boeing, Seco says, calling it a major milestone in military aviation systems

** "We believe this new partnership further validates Seco's technological know-how, while also improving visibility on business growth over the coming years," Equita analysts say

** The brokerage estimates organic revenue growth of around 15% on average over 2025-2027

** Seco shares, up around 13% YTD, are trading at their highest level since November 2025

(Reporting by Laura Contemori)

((Laura.contemori@thomsonreuters.com))

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