Modirum Defence, a global leader in Tactical Command and Control / ISR (Intelligence, Surveillance and Reconnaissance) Solutions, has entered into a partnership and acquired a majority stake in Gespi, one of the largest defense manufacturing companies in Latin America.
The acquisition positions Modirum Defence as a technologically advanced global leader in the growing defense sector. By integrating its advanced AI solutions, mission-critical communications, along with Gespi’s military hardware manufacturing know-how, Modirum Defence becomes a complete global defense powerhouse.
The acquisition was completed with all the necessary regulatory approvals and both parties have agreed not to disclose the value of the transaction.
Modirum Defence and Gespi: A Synergy of Capabilities.
Gespi’s expertise in the manufacture of defense products positions it as the ideal strategic partner for Modirum Defence. This acquisition allows Modirum Defence to integrate Gespi’s robust hardware and ammunition manufacturing capabilities with its advanced software and artificial intelligence solutions.
The combined entity will offer complete and unparalleled defense solutions to the global market, encompassing software, AI-driven technologies, hardware components and ammunition. This strategic combination positions Modirum Defence as the leading provider of complete defense solutions for customers around the world.
Joining forces also results in more agile development cycles and a more diverse portfolio of innovative solutions for the defense sector.
A New Leading Force in the Defense Industry
In today’s rapidly evolving defense landscape, agility is critical to success. By leveraging Modirum Defence’s AI capabilities and integrating them with Gespi’s existing hardware and ammunition product lines, the company aims to improve the intelligence and effectiveness of defense solutions.
Future innovations will include smart and guided bombs and rockets, loitering ammunition solutions, as well as a series of new products that will be launched soon. Modirum Defence and Gespi are committed to exploring new product lines and technologies that will further strengthen their leading position in the global defense market.
“This acquisition marks a transformative moment and an exciting new chapter for Modirum Defence and Gespi, and the leadership teams of both companies are excited about the future of this partnership. With this acquisition, Modirum Defence is poised to become a leading defense company, combining our AI capabilities with Gespi’s hardware and munitions expertise. Together, we will make Gespi’s products smarter and more effective, pushing the boundaries of what is possible in defense technology,” said Elias Silvola, CEO of Modirum Defence.
João B. Scarparo, CEO of Gespi, added: “We are excited to join forces with Modirum Defence, known for its cutting-edge software solutions. The timing is especially significant, as this year Gespi celebrates 50 years of success. We believe that this partnership will strengthen our next-generation solutions and significantly improve service to our customers in the defense and public safety sectors, keeping pace with the constant evolution of these markets over the coming decades. Together with Modirum Defence, we are setting the stage for a future where advanced technology and innovative solutions redefine the defense industry, protect lives and enhance national security.”
About Modirum Group and Modirum Defense
Modirum Defense is one of the three main divisions belonging to Modirum. Founded in Helsinki in 1997, Modirum is a global technology leader, offering innovative solutions across a range of industries, including defense, aerospace, government, critical communications and fintech.
Modirum Defence is a leading technology company developing advanced command and control and artificial intelligence solutions for modern defense challenges. With headquarters in Finland, the USA, the UK, Estonia and the United Arab Emirates.
Modirum Defence is committed to being a global leader in defense technology.
Modirum Platforms is Modirum’s second venture, aiming to be a European leader in AI-driven platform development for Telecommunications, Critical Communications, Finance, Energy and Public and Government sectors, with a focus on deep mission-critical technologies.
Modirum Payment, Maksu, is Modirum’s third venture, a payment service provider built on the trusted legacy of Modirum, a global leader in payment technology for over 25 years.
About Gespi
With a rich 50-year history, Gespi, headquartered in São José dos Campos, Brazil, is a flagship company in Latin America’s defense industry. The company manufactures a diverse range of products, including ammunition, rockets, rocket launchers, aerial and general purpose bombs, military boats and other military solutions.
Gespi’s extensive experience in serving armed forces and government agencies, together with its expertise in developing specialized products for defense and public safety, highlights its commitment to safety, innovation and excellence.