ICOR Technology

Ottawa, Canada Founded: 2005 • Age: 21 yrs Acquired By Cadre Holdings
Remotely operated vehicles are developed for military and defense applications.
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About ICOR Technology

ICOR Technology is a company based in Ottawa (Canada) founded in 2005 was acquired by Cadre Holdings in December 2023.. ICOR Technology operates in a competitive market with competitors including Roboteam, ARX Robotics, Tata Advanced Systems, Origin Robotics and Jankel, among others.

  • Headquarter Ottawa, Canada
  • Sectors
    Industrial Goods & Manufacturing
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Aerospace, Defense & Maritime → Defense Systems & Security Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Cadre Holdings

    (Dec 22, 2023)

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Funding Insights of ICOR Technology

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ICOR Technology

ICOR Technology has secured backing from 1 investor. Prominent investors backing the company include Cadre Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Safety and survivability products are provided by Cadre Holdings.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ICOR Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ICOR Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Icor Technology Comparisons

Employees
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Competitors of ICOR Technology

ICOR 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 Roboteam, ARX Robotics, Tata Advanced Systems, Origin Robotics and Jankel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Tactical ground robotic systems for defense applications are supplied.
domain founded_year HQ Location
Developer of autonomous, modular unmanned ground systems and sensors for military
domain founded_year HQ Location
Designs and manufactures defense vehicles, aerospace structures, and security systems for military use.
domain founded_year HQ Location
Drone-based combat systems for military surveillance are provided.
domain founded_year HQ Location
Manufactures high-quality tactical vehicles for military and defense applications.
domain founded_year HQ Location
Manufacturer of UGVs with robotic mine clearance and fire fighting capabilities
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Icor Technology

Cadre Holdings’ Acquisition of ICOR Technology
Globallegalchronicle2 years ago
Cadre Holdings to Acquire ICOR Technology
Tullahomanews2 years ago
Cadre Holdings to Acquire ICOR Technology
Businesswire2 years ago

Frequently Asked Questions about ICOR Technology

When was ICOR Technology founded?

ICOR Technology was founded in 2005.

Where is ICOR Technology located?

ICOR Technology is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

What does ICOR Technology do?

ICOR Technology was founded in 2005 in Ottawa, Canada. Remotely operated vehicles and counter-terrorism equipment are designed and developed for law enforcement and military agencies. The CALIBER series of ROVs is offered, including four platform sizes for SWAT, EOD, and Hazmat teams. Customized solutions are provided for these platforms based on specific operational needs.

Who are the top competitors of ICOR Technology?

ICOR Technology's top competitors include Tata Advanced Systems, Roboteam and ARX Robotics.

Who are ICOR Technology's investors?

ICOR Technology has 1 investor. Key investors include Cadre Holdings.

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