About MilDef
MilDef is a company based in Helsingborg (Sweden) founded in 1997. It operates as a Professional Services, and Reseller / Distribution. The company has 327 employees as of December 31, 2024. MilDef has completed 5 acquisitions, including AMREL, Defcon Solutions and Handheld. MilDef offers products and services including Rugged IT Hardware, Tactical IT Software, and Integration Services. MilDef operates in a competitive market with competitors including Parry Labs, Mercury Systems, Kägwerks, Aish Technologies and ArgonFDS, among others.
- Headquarter Helsingborg, Sweden
- Employees 327 as on 31 Dec, 2024
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mildef Group Ab
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Annual Revenue
$108.8 M (USD)4.31as on Dec 31, 2024
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Net Profit
$-19.98 M (USD)-419.42as on Dec 31, 2024
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EBITDA
$20.51 M (USD)35.61as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
327
as on Dec 31, 2024
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Investments & Acquisitions
AMREL
& 4 more
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IPO & Listings of MilDef
MilDef is a publicly listed company on the OMXSTO with ticker symbol MILDEF in Sweden, 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.
Products & Services of MilDef
MilDef offers a comprehensive portfolio of products and services, including Rugged IT Hardware, Tactical IT Software, and Integration Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Rugged hardware is designed for harsh military environments.
Software is built for NATO-compliant tactical interoperability needs.
Services are provided for system design and integration.
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Funding Insights of MilDef
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by MilDef
MilDef has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AMREL, Defcon Solutions and Handheld. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Defense installation services are provided in the Swedish market.
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2014 | ||||
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A suite of IT service solutions is provided by Sysint.
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2001 | ||||
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Rugged handheld computers and tablets are manufactured for demanding environments.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MilDef
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mildef Comparisons
Competitors of MilDef
MilDef 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 Parry Labs, Mercury Systems, Kägwerks, Aish Technologies and ArgonFDS, 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 |
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| domain | founded_year | HQ Location |
Aerostructures, engines, and machining parts are manufactured and supplied.
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| domain | founded_year | HQ Location |
Mercury Systems is recognized for providing mission-critical processing solutions to the aerospace and defense sectors.
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| domain | founded_year | HQ Location |
Rugged communication systems and cases are developed for military use.
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| domain | founded_year | HQ Location |
Manufacturer of rugged display systems, electronic cabinets and cathodic protection systems
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| domain | founded_year | HQ Location |
Rugged computer systems and military display solutions are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mildef
Frequently Asked Questions about MilDef
When was MilDef founded?
MilDef was founded in 1997.
Where is MilDef located?
MilDef is headquartered in Helsingborg, Sweden. It is registered at Helsingborg, Skane County, Sweden.
Who is the current CEO of MilDef?
Tomas Odelid is the current CEO of MilDef.
How many employees does MilDef have?
As of Dec 31, 2024, the latest employee count at MilDef is 327.
What is the annual revenue of MilDef?
Annual revenue of MilDef is $108.8M as on Dec 31, 2024.
What does MilDef do?
MilDef is established as a systems integrator and full-spectrum provider of rugged IT solutions, focusing on hardware, software, and services for military, government, and critical infrastructure sectors. Operations are centered on digitalizing vital information streams in harsh and challenging environments. Solutions are designed to endure extreme conditions, ensuring seamless integration into mission-critical systems. Hardware offerings include rugged laptops, tablets, and servers, while software platforms support NATO-compliant tactical interoperability. Services encompass system design, integration, and ongoing support, transforming components into complete operational solutions for defense applications.
Who are the top competitors of MilDef?
MilDef's top competitors include Mercury Systems, Parry Labs and Aish Technologies.
What products or services does MilDef offer?
MilDef offers Rugged IT Hardware, Tactical IT Software, and Integration Services.
Is MilDef publicly traded?
Yes, MilDef is publicly traded on OMXSTO under the ticker symbol MILDEF.
How many acquisitions has MilDef made?
MilDef has made 5 acquisitions, including AMREL, Defcon Solutions, and Handheld.
What is MilDef's ticker symbol?
The ticker symbol of MilDef is MILDEF on OMXSTO.
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