QnR Group acquires 51% of MTIS S.A.
The signing of a definitive agreement for the acquisition of 51% of the share capital of MTIS S.A. was announced by the QnR Group, as part of its strategy for targeted investments in cutting-edge technologies with high added value.
As Quality & Reliability S.E. (QnR) emphasized in its relevant announcement, the acquisition follows a particularly successful development path of the QnR Group in Greece and abroad, which includes the completion of three strategic acquisitions in the fields of Artificial Intelligence, Cybersecurity and SAP Business One, as well as the recent successful Share Capital Increase with an oversubscription of 118%, further strengthening its financial and investment base.
The total transaction price amounts to 2,663,958 euros and will be paid in two equal installments of 1,331,979 euros each (the first to be paid upon signing the agreement and the second in 2027, upon the publication of the company’s financial results).
Strategic importance of the investment – emphasis on Dual-use & Defence-tech
As highlighted in the relevant press release, MTIS is an internationally recognized provider of advanced technological solutions with a strong footprint in maritime technology and defence technology (defence-tech), with dual-use applications that serve both commercial and operational / government needs.
It has presence and expertise in areas such as defense and security, maritime surveillance and operational awareness, civil protection, environmental monitoring and critical infrastructure.
The core of its technological proposition is the i-Platform©, a single digital platform with a modular architecture and open structure, integrating IoT, AI and Big Data technologies. The i-Platform© supports secure remote real-time monitoring, predictive analytics, role-based user interface, alerting mechanisms/KPIs and advanced reporting/BI capabilities, serving critical dual-use/defense-tech requirements (e.g. resilience, interoperability, reliability and secure data management).
The investment further strengthens the QnR Group’s position in marine-related, high-reliability and dual-use technology solutions, creating prospects for substantial technological and commercial synergies in projects that combine sensors, data platforms, analytics and artificial intelligence, with potential for exploitation in both the private and public sectors.
Dr. Panagiotis Paschalakis, CEO of QnR, stated: “Our participation in MTIS is a strategic investment in high-reliability technology, with a strong dual-use orientation and a clear defence-tech footprint. Shipping, as one of the most decisive sectors of the global economy, requires solutions of high resilience and operational readiness. With MTIS, we strengthen our ability to offer integrated solutions that connect maritime technology with defence and security applications, opening new horizons for growth and international expansion.”
