Saab
Canvas Category OEM : Defense
Saab serves the global market of governments, authorities and corporations with products, services and solutions ranging from military defence to civil security. Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by our 19,000 talented people, we constantly push the boundaries of technology to create a safer, more sustainable and more equitable world. We design, manufacture and maintain advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. We are headquartered in Sweden and have major operations all over the world and are part of the domestic defence capability of several nations.
Assembly Line
Helsing raises €209m Series B to bolster Defence AI Capabilities for Democracies
Defence AI company Helsing today announced that it has raised €209m in a Series B funding round led by General Catalyst. Swedish group Saab is joining the round as a strategic investor, deepening the existing partnership.
Founded in 2021, Helsing is a new type of defence company, developing AI-based capabilities to protect our democracies. Helsing’s software-only approach and deep partnerships with industry have led to rapid market adoption across Europe. In June 2023, the German government selected Helsing and its partner Saab to provide the new AI-enabled electronic warfare capabilities for the upcoming update of the Eurofighter. In August 2023, Helsing and its consortium partners won the contract to provide the AI backbone for the Future Combat Air System (FCAS) programme.
Saab acquires BlueBear
Saab has today acquired BlueBear Systems Group Ltd based in the United Kingdom.
As emerging and disruptive technologies such as AI, machine learning and autonomous systems have the potential to reshape entire industries, Saab embraces a proactive strategy of selected acquisitions. By acquisitions and strategic partnerships with companies that specialise in new technologies, Saab‘s capabilities are enhanced, thereby increasing the comprehensive solutions offered for a wider range of defence needs. AI will enable Saab to further improve system capabilities and increase efficiency across our world-leading product portfolio.
Ericsson, FAM, Saab and Scania make a significant investment into Additive Manufacturing
AMEXCI, an integral part of the Nordic Additive Manufacturing (AM) ecosystem, today announces a large-scale strategic initiative to significantly enhance its manufacturing capabilities. Principal shareholders, FAM, Saab, Scania, and Ericsson are leading this investment. AMEXCI is investing in a state-of-the-art facility, tailor made for AM and the latest industrial 3D-printing technology available in the market. This will streamline AMEXCI’s operations for high volume serial production, create space for future growth and position the company as one of the leading Additive Manufacturing entities in Europe.