Lightspace Technologies expands Latvian production to meet rising defence market demand
Lightspace Technologies, a subsidiary of Finnish defence group Summa Defence Plc, has announced an investment in a new production facility in Ventspils.
Summa Defence
Summa Defence projects strong growth with EUR 200 million order backlog
Finnish defence company Summa Defence Oy has forecasted revenue of €110–140 million and EBITA of €9–12 million for 2025.
Summa Defence and Griselda partner to develop AI-driven defence technologies in Ukraine
Finnish defence company Summa Defence Oy has announced a joint venture with Ukrainian AI firm Griselda, with Summa Defence holding a majority stake.
Finnish and Estonian shipbuilders secure EUR 110 million vessel contract with Belgium
Finnish defence technology company Summa Defence, through its subsidiary Uudenkaupungin Työvene, and Estonian shipyard Baltic Workboats have signed a €110 million shipbuilding contract with the Belgian government.
Summa Defence acquires Lightspace, expanding expertise in defence and healthcare XR technologies
Summa Defence Ltd has announced the acquisition of Lightspace, a US-based deep technology company specialising in augmented reality (AR) and virtual reality (VR) solutions.
Summa Defence to open drone production facility in Finland in partnership with Ukrainian firms
Finnish defence and security technology company Summa Defence Ltd has announced plans to establish a state-of-the-art drone production facility in Finland.
Summa Defence acquires Lännen MCE Oy to expand multipurpose machinery capabilities
Summa Defence Ltd, a Finnish defence and security technology group, has acquired Lännen MCE Oy, a manufacturer of intelligent multipurpose machines.