Detection Technology

Oulu, Finland Founded: 2015 • Age: 11 yrs
X-ray imaging subsystems and components are supplied for security applications.
Annual revenue $111.7M Latest available
Total funding - 2 rounds
Employees 487 Tracked headcount
Investors 1 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Detection Technology

Detection Technology is a company based in Oulu (Finland) founded in 2015. The company has 487 employees as of December 31, 2024. Detection Technology has completed 1 acquisition, including Haobo Imaging. Detection Technology offers products and services including X-ACE 16, X-ACE 16 HD, X-ACE 32, Aurora CT, and X-Scan D. Detection Technology operates in a competitive market with competitors including Viken Detection, Scan Tech IBS, Sens-Tech, VMI Security and Evolve, among others.

  • Headquarter Oulu, Finland
  • Employees 487 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Legal Name Detection Technology Oy
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $111.69 M (USD)
    3.58
    as on Dec 31, 2024
  • Net Profit
    $11.54 M (USD)
    101.97
    as on Dec 31, 2024
  • EBITDA
    $17.62 M (USD)
    44.16
    as on Dec 31, 2024
  • Latest Funding Round
    $719.72 K (USD), Grant

    Sep 01, 2021

  • Investors
  • Employee Count
    487

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Detection Technology

Detection Technology is a publicly listed company on the OMXHEX with ticker symbol DETEC in Finland, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXHEX · Ticker: DETEC · Sector: Electronic technology · Finland

Products & Services of Detection Technology

Detection Technology offers a comprehensive portfolio of products and services, including X-ACE 16, X-ACE 16 HD, X-ACE 32, Aurora CT, and X-Scan D.

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Primary

Standard detector solution optimized for medical CT imaging systems.

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High-definition detector subsystem for value medical CT imaging.

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Detector solution for mainstream medical CT imaging needs.

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Plug-and-play subsystem for speeding up security CT systems.

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Line camera for efficient cargo and vehicle screening.

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Photon-counting line camera for multi-energy industrial scanning.

People of Detection Technology

Headcount 200-500
Employee Profiles 33
Board Members and Advisors 5
Employee Profiles
People
Tuija Miettunen
Senior Specialist, People & Culture
People
Tuulia Luhtala
Manager, People and Culture - Finland, France and USA
People
Arve Lukander
VP, Security Business Unit
People
Chen Wu
VP, Medical Business Unit

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Board Members and Advisors
people
Marion Björkstén
Board Member
people
Henrik Roos
Chairman Of The Board
people
Richard Ingram
Board Member
people
Hannu Syrjälä
Chairman

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Funding Insights of Detection Technology

Investors in Detection Technology

Detection Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

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Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Detection Technology

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Detection Technology

Detection Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Haobo Imaging.

Investments
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Investment portfolio details for Detection Technology

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Developer and producer of x-ray flat panel detectors
Locked Locked 2019 Locked
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Complete acquisition details for Detection Technology

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Detection Technology

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Detailed financials for Detection Technology

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  • Profit trends
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Detection Technology Comparisons

Detection Technology Primary company
Description
X-ray imaging subsystems and components are supplied for sec...
Location
Oulu, Finland
Founded Year
2015
Annual Revenue
$111.69 M (USD)
Net Profit
$11.54 M (USD)
EBITDA
$17.62 M (USD)
Employees
487
As of 2024
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Peer comparison for Detection Technology

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Competitors of Detection Technology

Detection Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Viken Detection, Scan Tech IBS, Sens-Tech, VMI Security and Evolve, among others.

Company Name Domain Founded year HQ Location Description
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Vehicle forensic solutions are provided for public safety management.
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Develops AI systems for security screening in aviation and defense sectors.
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X-ray imaging equipment and light detector modules are supplied.
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Manufactures X-ray equipment for inspecting people, vehicles, and cargo worldwide.
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A mental health platform focused on inclusivity and wellness is provided.
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Detailed competitors of Detection Technology

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  • Full company profiles
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Latest news on Detection Technology

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Complete news archive for Detection Technology

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Detection Technology

Detection Technology was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Detection Technology is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

As of Dec 31, 2024, the latest employee count at Detection Technology is 487.

Annual revenue of Detection Technology is $111.69M as on Dec 31, 2024.

Detection Technology was founded in 2015 in Oulu, Finland, within the imaging technology sector. X-ray detector subsystems, detectors, components, and photodiodes are provided for medical, security, and industrial uses. Operations center on delivering imaging solutions that support security protocols and broader applications. The company maintains a focus on component integration for reliable performance across these domains.

Detection Technology's top competitors include Viken Detection, Evolve and Videray.

Detection Technology offers X-ACE 16, X-ACE 16 HD, X-ACE 32, Aurora CT, and 2 more products and services.

Yes, Detection Technology is publicly traded on OMXHEX under the ticker symbol DETEC.

Detection Technology has made 1 acquisition, including Haobo Imaging.

Detection Technology has 1 investor. Key investors include European Union.

The ticker symbol of Detection Technology is DETEC on OMXHEX.

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