Milrem Robotics

Tallinn, Estonia Founded: 2013 • Age: 13 yrs Acquired By EDGE
Milrem Robotics is recognized for developing advanced military unmanned ground vehicles.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 6 Services tracked
Competitors 8 Brand Intelligence

About Milrem Robotics

Milrem Robotics is a company based in Tallinn (Estonia) founded in 2013 was acquired by EDGE in February 2023. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Milrem Robotics offers products and services including THeMIS, VECTOR, HAVOC, MRCV, and Autonomy (MIFIK). Milrem Robotics operates in a competitive market with competitors including Clearpath Robotics, Capra Robotics, Gideon, Swiss Mile and Ghost Robotics, among others.

  • Headquarter Tallinn, Estonia
  • Sectors
    Industrial Goods & Manufacturing
    Aerospace, Defense & Maritime
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  • Legal Name Milrem As
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Defense Systems & Security Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
    $7.15 M (USD), Grant

    Dec 01, 2020

  • Investors
    EDGE Group

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    EDGE

    (Feb 15, 2023)

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Products & Services of Milrem Robotics

Milrem Robotics offers a comprehensive portfolio of products and services, including THeMIS, VECTOR, HAVOC, MRCV, and Autonomy (MIFIK).

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Primary

Multi-mission vehicle used for combat support operations.

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Tracked vehicle designed for mechanized unit support.

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Support system built for mechanized combat units.

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Vehicle crafted to assist mechanized combat operations.

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Integration kit developed for intelligent unmanned functions.

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Kit designed for advanced unmanned system integration.

Funding Insights of Milrem Robotics

Investors in Milrem Robotics

Milrem Robotics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include EDGE Group and 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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Provider of missiles, weapons, electronic warfare and intelligence, and mission support services
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Investor details for Milrem Robotics

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Investments & Acquisitions by Milrem Robotics

Investments
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Investment portfolio details for Milrem Robotics

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Financial Statements - Milrem Robotics

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Detailed financials for Milrem Robotics

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Milrem Robotics Comparisons

Milrem Robotics Primary company
Description
Milrem Robotics is recognized for developing advanced milita...
Location
Tallinn, Estonia
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Milrem Robotics

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Competitors of Milrem Robotics

Milrem Robotics 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 Clearpath Robotics, Capra Robotics, Gideon, Swiss Mile and Ghost Robotics, among others.

Company Name Domain Founded year HQ Location Description
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Autonomous robots and software are provided for diverse industries.
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UGVs for outdoor activities and surveillance are provided.
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Autonomous mobile robots for material handling are provided by Gideon.
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Wheeled-legged robots with AI-based autonomy are developed for robotics engineering.
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Multi-legged robot platforms for rough terrain are developed.
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Unmanned ground vehicle robots are developed for commercial applications.
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Detailed competitors of Milrem Robotics

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Latest news on Milrem Robotics

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Complete news archive for Milrem Robotics

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Frequently Asked Questions about Milrem Robotics

Milrem Robotics was founded in 2013 and raised its 1st funding round 7 years after it was founded.

Milrem Robotics is headquartered in Tallinn, Estonia.

Milrem Robotics is established as a global leader in autonomous unmanned ground vehicles for military applications. The company is focused on providing cost-effective, combat-proven solutions that enhance operational effectiveness and tactical advantages. Operations are conducted across defense sectors with a presence in multiple countries including Estonia, Finland, Sweden, Poland, the Netherlands, UAE, and the USA. Innovative robotic systems are developed to support mechanized units and reduce loss of lives. Participation in European Defence Fund projects ensures cutting-edge interoperable vehicle families for current and future EU defense needs.

Milrem Robotics's top competitors include Clearpath Robotics, Gideon and Capra Robotics.

Milrem Robotics offers THeMIS, VECTOR, HAVOC, MRCV, and 2 more products and services.

Milrem Robotics has 2 investors. Key investors include EDGE Group, and European Union.

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