QinetiQ
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About QinetiQ
Industries
Government & Public Sector
Energy
Aerospace
Defense
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Farnborough, United Kingdom
Founded
1956
Overview
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
Company News
An insight in to our Series A round
UK-based engineering firm QinetiQ has acquired defense aviation service provider Air Affairs Australia.
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).
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.
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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About QinetiQ
Industries
Government & Public Sector
Energy
Aerospace
Defense
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Farnborough, United Kingdom
Founded
1956
There are no jobs for QinetiQ right now.
Find jobs on Simplify and start your career today