Tekever’s Drone AR5, one of its main products.
Defense sector company reached appreciation of more than 1.2 billion euros. “Europe needs companies with AI and autonomy roots that work with scale and that can innovate the rapid pace… And it needs them now,” says CEO.
Portugal has 7 unicorns this Tuesday again. The most recent has been announced this morning, and specializes in Drones and Autonomous Systems based on Artificial Intelligence (AI). It reached, after a new investment round, an appreciation greater than 1.2 billion eurosthus can be elevated to the statute of “unicorn” – Applicable to companies evaluated in over a billion.
Its name is and joins Outsystems, Feedzai, Remote, Anchorage Digital, Sword Health and TalkDesk in the MILL MILLION STATUS. The financing round, whose amount was not disclosed, was “fully subscribed by current investors” already associated with the company, including Ventura Capital, Baillie Gifford, Nato Innovation Fund, Iberis Capital and Crescent Cove, the company said on Tuesday.
“European leader supplier of AI autonomous systems,” Tekever currently has about thousand employees. Provides drones, for example, to repel the Russian offensive in land and sea operations through a UK -led fund.
The company operates in a total of six European countriespoints the. It has engineering centers in Portugal, the United Kingdom and France and production facilities in various markets and operational support teams across Europe.
The Portuguese multinational also leads a European consortium that will develop one, and of these to Earth, and will manufacture from the world.
One of the company’s main products are the AR3 Net Ray and the AR5 Life Raymedium and long autonomy drones used for maritime patrolling, detection of illegal vessels, trafficking and rescue, systems used by various European entities, including the European Border and Coastal Guard Agency (Frontex).
In addition to combining artificial intelligence, high -tech sensors and satellite communications to provide real -time data to the authorities, the company develops software solutions for data analysis and decision making.
“This milestone cemented Tekever as a leader in the Deftech and feeds its continuous expansion in Europe as the company pursues global leadership in AI-driven defense and security,” can be read in the statement.
The founder and CEO of the company, Ricardo Mendes, underlines in what “Europe faces a huge security challenge. Given the geopolitical moment, the European security architecture is being redesigned, and Europe needs companies with roots in AI and autonomythat work with scale and can innovate the rapid pace… and need them now. ”
“We have been preparing for a long time and we believe we can play a significant role in this moment of profound change,” says Ricardo Mendes.
