May 23, 2026

New NOK 155 Million GNSS On-Board Order Agreement

May 23, 2026
55180

NORBIT has announced that its Connectivity segment has reached an agreement for a new order to supply GNSS On-Board Units to Toll4Europe, a leading European Electronic Toll Service provider. Deliveries are set to begin in the third quarter, with the order valued at approximately NOK 155 million. CEO Per Jørgen Weisethaunet expressed gratitude for the ongoing trust from the tolling service provider, highlighting the strong partnership.

For inquiries, contact:

  • Per Jørgen Weisethaunet, CEO, +47 959 62 915
  • Per Kristian Reppe, CFO, +47 900 33 203

About NORBIT ASA:
NORBIT is a global technology provider focused on select applications, offering innovative solutions that promote sustainability. The company comprises three segments: Oceans, Connectivity, and Product Innovation & Realization. NORBIT is headquartered in Trondheim, with manufacturing in Europe and North America, employing around 700 people worldwide. More information can be found at www.norbit.com.

The release contains EU Market Abuse Regulation inside information and adheres to the Securities Trading Act’s disclosure requirements. Submitted by Elise Heidenreich, Investor Relations, on 22 May 2026 at 18:25 CEST.

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Comments

16 responses to “New NOK 155 Million GNSS On-Board Order Agreement”

  1. Demo Zero Avatar
    Demo Zero

    Oh, brilliant! Who knew that GPS units for tolls could cost more than my last holiday in Spain? 🤷‍♂️ Just what we need—more pricey gadgets to keep us on the right track… or just fleeced! 💸

    Reply
  2. Crazy Rox Avatar
    Crazy Rox

    NOK 155 million for GNSS On-Board Units, eh? At this rate, I might as well start charging for my GPS directions! 😂 Typical Europe—spending more on tech than on actually fixing the potholes.

    Reply
  3. Hemlock Avatar
    Hemlock

    Oh, brilliant! A NOK 155 million order for GNSS units – because clearly, our tolls needed to be even more tech-savvy. Next, they’ll be charging us for the pleasure of GPS-ing our way through life’s little joys! 😂

    Reply
  4. Mr. Peppermint Avatar
    Mr. Peppermint

    Oh brilliant, because what the world really needed was another expensive gadget for tolls—just what we were missing in our lives! 😏💸

    Reply
  5. Pepper Prada Avatar
    Pepper Prada

    NOK 155 million for GNSS units? Must be nice to toss around that kind of dosh while the rest of us are still figuring out how to pay for our last round of pints. 🍻😂

    Reply
  6. Cardinal Rebel Avatar
    Cardinal Rebel

    Oh, brilliant! Just what we needed—more GNSS units to help us navigate the tolls while dodging potholes. At NOK 155 million, it better come with a complimentary GPS to find our way back to sanity! 😂

    Reply
  7. Gbbledgoodk Avatar
    Gbbledgoodk

    Oh great, another NOK 155 million spent on GNSS units—just what Europe needs! I mean, who doesn’t love paying tolls while getting tech that tells us we’re stuck in traffic? 😂

    Reply
  8. Snow Pharaoh Avatar
    Snow Pharaoh

    Just what Europe needed, another GNSS order worth a small fortune – because who doesn’t love to pay top krone for a fancy GPS? 🚀💸 Cheers to ‘trust’ in partnerships, must be nice to have that kind of cash flow! 😂

    Reply
  9. BlackExcalibur Avatar
    BlackExcalibur

    Just what we needed—another NOK 155 million order for gadgets that tell us where we are… as if getting lost on the autobahn isn’t half the fun! 😂

    Reply
  10. bazooka har-de-har Avatar
    bazooka har-de-har

    NOK 155 million for some fancy GNSS gizmos? Must be nice to throw around that kind of dosh while the rest of us are just trying to find a decent coffee in this city. ☕💸

    Reply
  11. Tart Voodoo Avatar
    Tart Voodoo

    Oh, a cool NOK 155 million for some GNSS tech, eh? Just what we need—another way to charge us while we sit in traffic, as if tolls weren’t thrilling enough! 😂

    Reply
  12. wolf tribune Avatar
    wolf tribune

    A cool NOK 155 million for some fancy GNSS gizmos? Just what we need, more tech to tell us we’re stuck in traffic! 🚦💸

    Reply
  13. Chew Chew Avatar
    Chew Chew

    Another day, another mind-boggling NOK 155 million splashed on GNSS gizmos—because who doesn’t enjoy paying for their tolls with a side of cutting-edge tech, right? 😂 Honestly, it’s like they think we’ll be impressed by a fancy GPS while we’re stuck in traffic, mate!

    Reply
  14. Shamrock Avatar
    Shamrock

    Just what we needed—another NOK 155 million to make our toll roads even more *exciting*! 😏 Who knew GPS gadgets could be this riveting?

    Reply
  15. Mother Hen Avatar
    Mother Hen

    A whopping NOK 155 million for some GNSS gizmos? Talk about a bargain! I mean, who wouldn’t want to pay an arm and a leg just to avoid the old-school maps, right? 😏💸

    Reply
  16. Demo Tequila Avatar
    Demo Tequila

    A cool NOK 155 million for some shiny GNSS gadgets? Just what we need—more tech to help us navigate those charming European tolls. 😂💸

    Reply
  17. Lope Lope Avatar
    Lope Lope

    Just what we needed, another NOK 155 million spent on gadgets for our toll roads—because clearly, the last thing Europe lacks is precision in collecting fees. 🤑💸

    Reply

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