Exosens, Theon jump after contract for night vision goggles with OCCAR

Theon International

11/12/2025 08:47

** Shares in Exosens EXENS.PA and Theon THEON.AS rise 7.5% and 4% respectively, after the two night-vision systems makers announced a new contract with European defense equipment agency OCCAR for 100,000 night vision goggles (NVG)

** Contract has a total value of 1 billion euros ($1.17 billion) for Theon, 500 million euros for Exosens

** Contract "represents the largest single procurement of NVGs in the history of a European NATO member," Theon says in statement

** If gains hold, Exosens stock has gained 167% year-to-date, while Theon is up 158% so far this year

($1 = 0.8547 euros)

 (Reporting by Dimitri Rhodes)

 ((Dimitri.Rhodes@thomsonreuters.com;))