SERMA Engineering

Name

SERMA Engineering

Legal name

SERMA Group

Website

https://serma-ingenierie.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Embedded Electronics Engineering

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Guided Missiles & Space Vehicles & Parts (3760), Aircraft Parts & Auxiliary Equipment, Nec (3728)

akta.pro primary industry

Integrated Modular Avionics (IMA) & Avionics Computing Platforms (IMABAFAI)

akta.pro secondary industries

Avionics Software, Certification & Safety-Critical Systems (DO-178/DO-254) (IMABAFAK), Military Avionics, Mission Computers & Flight Controls (IMABAMAE), Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF), Military Aerospace Ground Support Equipment (GSE) & Test Systems (IMABAMAL)

Keywords

• Embedded electronics engineering
• Aerospace electronics manufacturing
• FPGA system design
• RF transmitter solutions
• Electronic repair services

Headquarters

HQ city

Cornebarrieu

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Engineering Services: Consulting and engineering services delivered through Service Centers — Co-Engineering (co-specification) and Workpackage (execution) models. Engineers deployed at client sites or at SERMA facilities for electronics, embedded software, test benches, and FPGA projects.
2. Build to Spec / Product Development: All-inclusive fixed-price packages for development of embedded computers. SERMA acts as tier 1 equipment supplier, committing to final product delivery per defined specifications, with ongoing support over multi-year project lifecycles.
3. Production and MCO (Maintenance in Operational Conditions): Production of embedded systems and sub-assemblies with stringent environmental and regulatory compliance (21G, PART 145). Includes through-life support, repair services (levels 2-4+), and obsolescence management.
4. RF Solutions and Proprietary Products: Engineering and production of RF solutions including transmitters, receivers, RF amplifiers, and the BANKSIA Crash Recorder (LFR).
5. TDM Embedded Computing (Post-Acquisition): TDM generates €4.8M revenue (FY ended March 2024) from design and production of embedded computers for military and defense. Company transitioning from design-only to series production of proprietary equipment.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

SERMA Ingénierie designs, produces, and maintains in operational conditions on-board electronic systems for critical environments. The company delivers engineering services (concept design, Build-to-Spec development, Service Centers) and produces proprietary hardware including RF solutions, the BANKSIA lightweight flight recorder, sensors, and embedded computers for military applications. It also provides repair services, obsolescence management, and industrialization with PART 21G and PART 145 certifications.

Product overview

SERMA Ingénierie is an electronics engineering company offering a comprehensive portfolio of products and services for critical systems across aerospace, defense, automotive, rail, medical, telecommunications, and energy sectors. The product portfolio centers on three main proprietary offerings: RF Solutions (transmitters, receivers, RF amplifiers), the Lightweight Flight Recorder (LFR/Crash Recorder) with integrated 3K/4K video and audio capabilities, and Sensors (cameras, radar, impact sensors). Following acquisitions, the portfolio expanded to include PISÉO's optical and photonic testing services and TDM's embedded computers for military applications. Services include electronic engineering (Build to Spec, Services Centers), repair and obsolescence management, and industrialization with production and testing capabilities. The company operates across 13 sites in France with approximately 650 engineers and technicians, generating €63M revenue in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronic Engineering Services
• Build to Spec
• Service Centers
• Repair Services
• Obsolescence Management
• Industrialization Services
• RF Solutions
• BANKSIA Lightweight Flight Recorder (LFR) / Crash Recorder
• Sensors
• TDM Embedded Computers
• PISÉO Optical and Photonic Services

Quantifiable outcome

• BANKSIA LFR is the world's first lightweight flight recorder in terms of weight and features, ED-155 and ETSO certified
• +4 more outcomes

Named customers14 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• TDM (Technique et Développement en Microélectronique)coreStrategic or Co-development Partner · 8 July 2025TDM, specialized in design and production of embedded computers for military and defense, was acquired by SERMA Ingénierie in July 2025. TDM develops video and signal processing equipment for DASSAULT (Rafale F5 multi-computer video flow reorientation) and MBDA (detection systems). Also produces systems for Leclerc tank and military frigates. Revenue €4.8M (FY March 2024), transitioning to series production. Acquisition provides direct access to two strategic defense accounts and ARINC 818 expertise.
• PISÉOcoreStrategic or Co-development Partner · 15 May 2025PISÉO, specialized in engineering and testing of optical and photonic systems, was acquired by SERMA Ingénierie in May 2025. SERMA was historically a minority shareholder since PISÉO's creation in 2011. PISÉO is the only independent optical laboratory in France and among few worldwide, providing FDA qualification for AR/VR medical devices (100% client success rate). PISÉO maintains its base in Lyon and technical autonomy while benefiting from SERMA Group's ecosystem. Also serves semiconductor, automotive, and defense sectors.
• KN SystèmescoreStrategic or Co-development Partner · 7 January 2025KN Systèmes, acquired in July 2021, was merged into SERMA Ingénierie in January 2025. Specializes in embedded electronics engineering. The merger consolidates expertise and market position, with KN Systèmes continuing operations from Aix-en-Provence with no impact on employees. Benefits from SERMA's industry standards mastery, industrialization, and series production capabilities.
• FREYSSINET AEROmajorStrategic or Co-development PartnerFREYSSINET AERO is the development and industrialization partner on the BANKSIA project (Lightweight Flight Recorder). Both companies collaborated on the R&T phase, successfully concluded in November 2025. FREYSSINET AERO representatives (Arnaud Votié and Ludovic Ferrandi) participated in the DGAC review committee alongside SERMA Ingénierie. DGAC praised the success of the partnership.
• DGAC (Direction Générale de l'Aviation Civile)minorOthersFrench Civil Aviation Authority providing regulatory oversight and funding support (via France Relance and NextGeneration EU) for the BANKSIA R&T project. DGAC confirmed all technical objectives were fully achieved during the R&T phase review.
• AW2ScoreStrategic or Co-development PartnerAW2S was acquired by SERMA Ingénierie in 2017, specializing in FPGA technologies. AW2S capabilities contribute to SERMA's FPGA expertise pool of 60+ experts working across aerospace, defense, and other critical sectors.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Expleo Group: French-headquartered engineering, technology and consulting services firm with significant embedded electronics, aerospace, automotive, and defense practices (formerly part of Assystem). Highly comparable to SERMA in scale, vertical breadth, and B2B engineering service model targeting the same European OEM customers.
• Viveris Technologies: French embedded software and electronic systems specialist serving aerospace, defense, rail, automotive, and energy markets. Comparable in offering (FPGA, embedded software, critical systems) and customer mix, though smaller scale.
• MBDA: European Tier 1 missile systems and defense electronics consortium. SERMA's TDM subsidiary supplies detection systems to MBDA on Rafale platforms, positioning TDM/MBDA as a customer-supplier overlap but also a broader direct peer in military embedded computing.
• Scalian: French engineering services group with strong embedded systems, aerospace, defense, and transportation practices and similar Tier 1 supplier positioning to Airbus, Safran, and Thales. Comparable mid-market size and customer overlap make it a direct French peer for SERMA Ingénierie.
• CIMPA (Sopra Steria): PLM and embedded systems specialist within Sopra Steria serving aerospace, defense, automotive, and rail customers in France. Directly comparable in terms of customer base, embedded electronics service offering, and French mid-tier positioning versus SERMA.

Broad incumbents

• Crane Aerospace & Electronics: US-listed Tier 2/3 aerospace and defense electronics supplier offering power, sensing, and electronic systems. Comparable in critical-environment embedded electronics focus but with broader product portfolio and significantly larger scale.
• Akkodis (Akkodis/Adecco): Global engineering services firm with strong embedded systems and aerospace practices, including the former AKKA Technologies. Operates in similar B2B embedded engineering service model for European aerospace and automotive OEMs at significantly larger scale.
• Safran Electronics & Defense: Tier 1 avionics, defense electronics, and inertial navigation systems supplier as part of the broader Safran group. A primary SERMA customer via Service Center relationships and a direct competitive incumbent in flight control, navigation, and embedded military electronics.
• Collins Aerospace (RTX): Global Tier 1 avionics and mission computing supplier serving commercial and military aviation markets. Comparable in mission computer and avionics domain but operates at vastly larger scale as part of RTX.
• Thales: Global Tier 1 avionics, mission computing, and defense electronics incumbent. Both a major SERMA customer (electronics repair, embedded systems) and a much larger competing supplier across avionics, defense, and rail signaling markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@sermagroup33
• LinkedInlinkedin.com/company/serma-ingenierie
• Facebookfacebook.com/SERMA-Group-525939297480631

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SERMA Engineering