THEON Signs Strategic Agreement with RHEINMETALL for the Development and Supply of the PHYLAX Stabilized Multi-Sensor System

PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) 8 April 2026 – Theon Sensors SA, a fully owned subsidiary of Theon International Plc (THEON) , has signed a strategic agreement with Rheinmetall Electronics GmbH (RHEINMETALL) for the development, qualification and serial supply of a stabilized multi-sensor electro-optic system based on THEON's latest PHYLAX technology, marking an important milestone in THEON's expansion into advanced electro-optical solutions for modern combat vehicles. RHEINMETALL, one of Europe's largest defense groups and a full system integrator with significant experience in vehicle optronics, has selected THEON and the PHYLAX system for integration into the stabilized electro-optical sight SEOSS 210 P for Rheinmetall's 25mm medium-caliber compact lightweight turret solutions for modern land platforms.