The scheme is expected to support around 130 athletes as they prepare for next year's Olympic Games in Paris.

The new deal with the company supplies high-technology systems to customers in the merchant marine, defence, aerospace, offshore oil and gas industries, and renewable and utilities industries is expected to provided support to aquatics, canoeing, martial arts sports, rowing, sailing, skateboarding, shooting, triathlon, table tennis and wrestling.

"Winning on the world stage requires world class dedication and determination," Tore Øvrebø, the head of Olympiatoppen, the NIF’s elite performance programme, said.

“As with our Olympians,Kongsberg is a flagship that leads the way and shows what it takes to reach the very top international level.

"I am very happy to have Kongsberg on the team leading to Paris 2024, together we will facilitate-world class performances."

As part of the agreement, Kongsberg is also to sponsor the respective National Federations.

"The 10 sports involved in the project are sports that have limited resources, but with highly motivated athletes who train and put in at least as much effort as the more high-profile sports and athletes," Kongsberg chief executive Geir Håøy said.

"Norway has long and proud traditions in sports, and as a relatively small nation, we have managed to assert ourselves against much larger nations in the Olympic Games.

"The Norwegian model of collaboration, whether in sport or in business, has been a pillar of Norway's international success.

"Medal achievements in Paris will help a whole generation gain motivation and inspiration so that they too can one day compete at the highest level.

"A strong performance culture in sport also spills over into society as a whole."

Kongsberg is also set to provide technological support for the project as part of the deal.

"We have world-leading expertise in a number of areas that Norwegian sports and athletes can benefit from," Håøy said.

"We also have some of the world's foremost experts in maritime technology who also could be an exciting opportunity to explore."

Norway remains the most successful Winter Olympic nation of all time with a total of 405 medals, including 148 gold.

In the Summer Games, they have won a total of 163 medals, 62 of them gold.

At the re-arranged Olympic Games Tokyo in 2021, they won four gold medals, but only Kristian Blummenfelt’s triathlon gold came in a sport  which is included in the Summit 2024 programme.