NORBIT announced award of a new frame agreement with an existing European blue-chip client. The frame agreement is an extension of an existing agreement and encompasses continued delivery of NORBIT's Tachograph Enforcement Modules. The new frame agreement extends to 2029 and has an estimated value of in excess of NOK 500 million, based on current forecasts.

The European Union's "third mobility package", includes a new policy framework and a set of new regulations applicable for road freight transport. The aim of these regulations is to improve the social protection of drivers, reduce CO2 emissions, and further increase road safety. As part of the practical implementation of the third mobility package, new regulations come into force with respect to the use of smart tachograph.

This is expected to lead to increased demand for tachographs, with wireless interface based on Dedicated Short-Range Communication technology for efficient enforcement.