Swedish giants to build AI factory with Nvidia
May 28, 2025
A group of leading Swedish companies – AstraZeneca, Ericsson, Saab and SEB – together with Wallenberg Investments and Nvidia, plans to build Sweden’s largest AI supercomputer. The new system will be based on Nvidia’s latest generation of accelerated computing and operated by a jointly owned company to provide sovereign, secure access to AI compute capacity.
Ad
Saab expands its Swedish operations with an additional facility
May 12, 2025
Swedish defence and security company Saab is expanding its operations in the Gothenburg region as a result of increased demand for radar and sensor systems and a high recruitment rate.
Neways Electronics expands focus on defence sector
April 24, 2025
EMS provider Neways Electronics is expanding its defence-related operations, aligning with growing European ambitions to strengthen regional defence capabilities.
Saab starts serial production of high-tech sensor in Finland
April 01, 2025
Swedish defence and security company Saab has started serial production of its passive electronic warfare sensor, Sirius Compact, at its new manufacturing facility in Tampere, Finland.
Saab receives $37 million order from the US Marine Corps
March 20, 2025
Swedish defense and security company, Saab, has received a contract modification award from the US Marine Corps for additional Marine Corps Training Instrumentation Systems (MCTIS) equipment. The order value for this award is USD 37 million (SEK 375 million) with deliveries taking place from 2025 to 2027.
Saab ink MoU with Radionix for sensors and defence electronics
March 13, 2025
Swedish defence and security company Saab has signed a Memorandum of Understanding (MoU) Radionix have signed a Memorandum of Understanding (MoU) regarding the intention to form a strategic collaboration relating to sensors and defence electronics, aiming to strengthen Ukraine’s defence capabilities.
Saab extends research collaboration with Aalto University
February 26, 2025
Saab and Aalto University in Finland have extended their research collaboration for another 10 years, until 2036. The new agreement includes a minimum investment of EUR 10 million to ensure ongoing research in key areas vital to Saab's business.
Saab opens advanced UK manufacturing facility
February 12, 2025
Swedish aerospace and defence company Saab has officially opened a new advanced manufacturing facility in Fareham, Hampshire, UK.
Saab opens new production facility in Finland
January 16, 2025
Swedish defence and security company Saab is seeing high demand for its passive EW sensor Sirius Compact system. As a result, the sensor will enter into volume serial production and the company will be opening a new production facility in Tampere, Finland in 2025.
Saab receives order for the U.S. Air Forces in Europe
December 13, 2024
Saab has received an order from BAE Systems in support of the U.S. Air Forces in Europe for multiple Giraffe 4A radar systems. According to the press release, the contract value is approximately $48M (525 MSEK).
Midsummer, Saab sign pact for 200 MW solar plant in Thailand
November 05, 2024
The two Swedish companies have jointly identified possible opportunities for the establishment of a 200 MW ‘mega factory’ for the production of thin film solar cells in Thailand.
Neways adds Saab to its customer portfolio
May 07, 2024
Dutch electronics manufacturer Neways has onboarded Swedish defense and security company Saab as new customer.
Saab is planning a new manufacturing site in the US
March 28, 2024
Swedish defence company Saab says it will build a new advanced manufacturing facility and center of innovation for weapon systems in the US.
Saab gets green light for new plant in India
November 13, 2023
Swedish aerospace and defense company has secured approval from Indian authorities for a 100% Foreign Direct Investment (FDI) for a manufacturing facily in India.
Saab invests €75 millions in Helsing
September 15, 2023
Saab has entered into a strategic partnership with Helsing, a German defence company specialising in AI-based software technologies, and at the same time invested EUR 75 million in cash for a 5% stake in the company.
Saab opens new UK radar production site
September 08, 2023
Saab has opened a new radar production facility as part of its growth strategy in the United Kingdom. This new radar work based in Fareham will contribute 100-150 jobs as it grows.
Saab completes acquisition of CrowdAI
September 08, 2023
Saab has completed its strategic acquisition of CrowdAI, accelerating the development and implementation of Artificial Intelligence (AI) / Machine Learning (ML) capabilities into Saab’s portfolio.
Saab acquires BlueBear
September 01, 2023
Swedish defence and security company, Saab, has acquired BlueBear Systems Group Ltd based in the United Kingdom.
Saab expands with new manufacturing facility in India
September 28, 2022
The Swedish defense company says it will set up a manufacturing facility for the shoulder-launched weapon system Carl-Gustaf in India
SkyWater to bolster chip fabrication at Purdue
July 21, 2022
SkyWater plans to open a $1.8 billion semiconductor manufacturing facility in Discovery Park District at Purdue University to create 750 new direct jobs within five years.
Hellma Materials establishes plant in Sweden
June 27, 2022
Hellma Materials GmbH, a specialist in the production of crystalline materials and calcium fluoride crystals, is starting to set up additional growth capacities for calcium fluoride in Trollhättan.
Saab to divest laser business
June 01, 2022
The Swedish aerospace and defence company and French Lumibird SA have today completed a transaction whereby Lumibird is acquiring Saab’s laser rangefinder business.
Saab expands with new U.S. production facility
April 25, 2022
Saab is expanding with a new 10,000 square feet production facility for Anti-Submarine Warfare (ASW) in Cranston, Rhode Island.
Saab expands its Finnish operations
October 15, 2021
The Swedish defence company continues to expand research and development operations in Finland, now into the fields of data-link communication technology as well as Virtual and Extended Reality (VR/XR) technology.
Saab expands in the US – opens new production facility
October 14, 2021
The Swedish company held a grand opening of its new facility located in West Lafayette, Indiana on October 13, 2021. This purpose-built facility represents a major step in both Saab’s global expansion strategy and growth and investment in the US.
Swedish manufacturer expands on home market
December 01, 2020
Syntronic, a Swedish design house and manufacturer, is expanding its Syntronic is expanding the manufacturing site in Kumla.
Saab divests Dutch-based QPS
August 06, 2020
Saab has divested the Dutch-based company QPS (Quality Positioning Services), a provider of hydrographic software solutions within the global maritime industry. The decision is in line with Saab’s strategy to optimise its product portfolio and increase focus on five core areas.
Sono Motors to cooperate with Valoe on solar solutions
February 27, 2020
Finnish technology company, Valoe Oyj, has signed a cooperation agreement with the Munich based Sono Motors GmbH to become a Technology Partner for the integrated solar components of the Sion, a Self-Charging electric car with solar integration.
Sono Motors hits its target - community funding works
January 22, 2020
The Munich-based mobility provider Sono Motors has successfully completed the extension of its campaign to finance the company and has exceeded its target of EUR 50 million.
Elmaticas gets green light to audit SAAB Avionics sub-suppliers.
January 20, 2020
Elmaticas Jan Pedersen successfully completed the Part 21 Subpart G training, regarding auditing of Printed Circuit Boards suppliers for SAAB Avionics Systems earlier this year. Allowing Elmatica to conduct audits of SAAB Avionics sub-suppliers.
Swedish tech for Dutch air traffic control
December 17, 2019
Saab Digital Air Traffic Solutions (SDATS) has signed a 20 year framework agreement with Air Traffic Control the Netherlands (LVNL) for remote tower systems. SDATS has received an initial order within the framework contract for establishing remote towers at the airports of Groningen and Maastricht.
Load more news