OTT-ONE receives license for defence-related activities

OTT-ONE has been granted activity license for the development and production of defence-related goods and services by decree of the Department of Trade, Defence Industry, Export Control and Precious Metal Assay of the Government Office of the Capital City Budapest.

With the activity license we have become eligible for the production and development of defence-related instruments and the offering of defence-related services. We now have the opportunity to become an active player in the industry, enabling us to further strengthen the position for our security technology business arm” – stated Balint Majer, president and CEO of OTT-ONE.