QinetiQ

QinetiQ

About QinetiQ

Simplify's Rating
Why QinetiQ is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Government & Public Sector

Energy

Aerospace

Defense

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Farnborough, United Kingdom

Founded

1956

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for autonomous systems boosts QinetiQ's market potential.
  • Expansion of defense budgets in Asia-Pacific offers growth opportunities for QinetiQ.
  • Advancements in AI for predictive maintenance align with QinetiQ's technological focus.

What critics are saying

  • Emerging defense tech firms like Anduril Industries threaten QinetiQ's market share.
  • Geopolitical tensions in Asia-Pacific may impact QinetiQ's operations and partnerships.
  • Reliance on government contracts exposes QinetiQ to financial risks from budget cuts.

What makes QinetiQ unique

  • QinetiQ's acquisition of Air Affairs Australia enhances its defense aviation capabilities.
  • Partnership with Velodyne strengthens QinetiQ's unmanned ground vehicle portfolio with advanced Lidar.
  • Collaboration with Texelis showcases innovation in electric hub drive systems for armored vehicles.

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Funding

Total Funding

$59.7M

Above

Industry Average

Funded Over

2 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Company News

Defli
Oct 25th, 2024
DeFli Announce Series A Funding | DeFli Network

An insight in to our Series A round

The Defense Post
Dec 7th, 2022
QinetiQ Acquires New South Wales Firm Air Affairs Australia

UK-based engineering firm QinetiQ has acquired defense aviation service provider Air Affairs Australia.

QinetiQ
May 27th, 2022
Our History

QinetiQ was formed in July 2001, when the Ministry of Defence (MOD) split its Defence Evaluation and Research Agency (DERA) in two. The smaller portion of DERA, was rebranded Dstl (Defence Science & Technology Laboratory).

Naval Technology
Feb 21st, 2022
QinetiQ Group plc partners with Babcock Education

As part of the BEQ consortium, QinetiQ will work together with prime contractor Babcock International and Elbit Systems UK to deliver the capability for the UK Royal Navy surface platforms.

Army Recognition
Feb 17th, 2022
Texelis SAS partnered with QinetiQ Group plc on Jan 1st 21'.

At the Singapore Airshow this week, French manufacturer Texelis announces that together with its partner, QinetiQ, they have delivered the first in-wheel Electric Hub Drive and suspension prototype system for installation on an 8x8 armored vehicle.

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