At a time of a changing security landscape and rapid technological development, solutions need to be both resilient and enable effective collaboration. Combitech is strengthening its position within civil and military defence by supporting societally critical operations, including deepened collaboration with the Finnish Defence Forces and continued trust to contribute to the development and sustainment of the Swedish Armed Forces’ command and control support systems. During the period, Combitech also became Sweden’s only independent TEMPEST laboratory, accredited for National, EU and NATO TEMPEST. This demonstrates the company’s technical excellence and its long-term responsibility for protecting critical information.

At the same time, Combitech is driving technological development by securing critical AI infrastructure within the Sferical AI consortium. Within the platform, innovation is enabled through access to proprietary and independent high-performance computing capacity, which will contribute to new solutions of critical importance to society.

Combitech also works to ensure that total defence capability is on the agenda of every company board, by creating forums for collaboration and supporting organisations with expertise, solutions, methodologies and exercises.

“Ultimately, it is about protecting our society and our democracy. True resilience is built through collaboration, and it is by working together that we strengthen our collective capacity. We have never seen such a high level of engagement to collaborate across industries, government agencies and local authorities and it is more important than ever that collaborations work, not just in theory but in practice as well”, says Jessica Öberg, CEO of Combitech.

Competence development – a prerequisite

During the period, more than 650 employees deepened their knowledge in areas ranging from information security to sustainability and AI during Combitech’s annual training weeks. Combitech’s employees are the core of the company; their competence and engagement drive Combitech towards its vision, “The home for human superpower”, and by combining the strengths of technology and people, and by continuously learning and developing together, the company’s innovative culture is further strengthened.

Key events during the quarter

• Over 190 new employees were recruited during the quarter.
  Combitech continues to strengthen its focus on competence development and investment in the future, with more than 650 employees participating in the annual training weeks, covering areas ranging from information security to sustainability and AI.
• The company’s TEMPEST laboratory is now Sweden’s only independent test laboratory, accredited for National, EU and NATO TEMPEST.
• Continued confidence from the Swedish Defence Materiel Administration (FMV) and the Swedish Armed Forces (FM) for the development and sustainment of the Swedish Armed Forces’ command and control support systems.
  The collaboration related to the support and maintenance agreement with the Finnish Defence Forces (FDF) has been deepened.
• Combitech has been awarded the assignment to protect critical AI infrastructure within the Sferical AI consortium.
• Expanded confidence from BAE Systems Hägglunds within the Status Upgrade 90 project, which aims to extend the service life of the Swedish Armed Forces’ CV90 fleet.
• Combitech has received orders from Saab related to services within private 5G networks.
• The Swedish Coast Guard (KBV) has signed an agreement with Combitech for technical consultancy services.
• Combitech has been awarded the assignment to support the implementation of Project ROBIN – Robust industri i Västernorrland.
• To meet growth and demand at Combitech’s development centre in India additional office space in Hyderabad was expanded and inaugurated. 
  
  

Key figures for the period January to March 2026

(comparative figures for Q1 2025 in parentheses)
 
Sales: SEK 1 367 million (SEK 1 182 million)

Operating margin: 11.3% (10.0%)

Operating cash flow: SEK 251 million (SEK 105 million)

Number of employees at the end of Q1 2026: 2 755 (2 611)

For further information, please contact:

Ulrica Matsers, Head of People, Culture and Communication, Combitech
Tel: 0734-46 00 70, E-mail: ulrica.matsers@combitech.com

Johan Andersson, Head of Investor Relations, Saab
Tel: 0734-37 29 39, E-mail: johan.c.andersson@saabgroup.com