What Hellenic Instruments does

Hellenic Instruments is a Greek defense electronics manufacturer founded in 2016 and headquartered in Koropi, Greece. The firm designs and produces a broad portfolio of hardware products for defense and security end-users, including proximity and influence fuzes (HK-MOFA), mortar fuzes (HK-MORTAR), UAV-targeted mortar fuzes (HK-MRT-UAV), thermal imaging scopes (HI-THS), electro-optical pan-tilt units (HI-PTU series), a vessel remote monitoring system (VRMS), a marine surveillance unit (HI-SRV), a production monitoring system (HI-PMS), long-range acoustic hailing devices (LRAD), and a drone controller (HI-DRC). Product technology centers on fuzing mechanisms, electro-optical sensor positioning, thermal imaging, and marine/industrial monitoring, with no disclosed AI or autonomy layer.

The company holds NATO manufacturer certification (NCAGE: G2310), ISO 9001:2015 quality certification, and Facility Security Clearance for National-NATO-EU Classified Information, positioning it to bid into allied defense procurement. It generates revenue through direct B2B hardware sales to defense ministries, military forces, NATO procurement channels, and what it describes as 'NATO Allies' and 'Global Defense Giants,' with no recurring software, subscription, or service layer disclosed. The firm participates in multiple EU-funded research consortia (VICTORIOUS, P2P-FSO, DECISMAR, RESPOND-A/Horizon 2020 grant 883371, ELAIONAS), providing both non-dilutive funding and access to cross-border defense technology networks. Headcount is in the 11–50 range and no funding rounds, management bios, or audited financials are publicly disclosed.

Name

Hellenic Instruments

Legal name

Hellenic Instruments PC

Website

https://hellenicinstruments.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Hellenic Instruments is a Greek defense electronics manufacturer producing fuzing systems, thermal scopes, pan-tilt units, and maritime and industrial surveillance hardware for NATO allies and global defense primes via direct B2B sales.

Ownership category

akta.pro rank

Product category

Defense Electronics

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Artillery, Mortar & Tank Munitions (IMABAHAH)

akta.pro secondary industries

Military Power Supplies, RF/Microwave Components & Ruggedized Electronics (IMABAGAJ), Defense Infrastructure, Installations & Base Operations (BPAIAHAK)

Keywords

• Defense electronics manufacturing
• Military fuzing systems
• Gyro-stabilized platforms
• Thermal imaging scopes
• Industrial IoT monitoring

Headquarters

HQ city

Koropí

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Defense Electronics Manufacturing: Design, development and manufacturing of advanced military electronic systems including fuzes, thermal scopes, pan-tilt units, and marine systems for defense customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Hellenic Instruments designs, develops, and manufactures advanced military and industrial electronic systems. Its core portfolio covers NATO-certified artillery and mortar fuzes, uncooled thermal imaging scopes, gyro-stabilized and non-stabilized pan-tilt platforms, multi-sensor marine surveillance systems, vessel remote monitoring systems, LRAD acoustic devices, and an industrial IoT-based production monitoring system. Products are engineered to ISO 9001:2015 and military standards, with customization available for specific end-user requirements.

Product overview

Hellenic Instruments operates as a defense technology systems integrator offering a portfolio of military and industrial electronic products. The portfolio spans three primary categories: (1) Fuzing Systems including the HK-MOFA artillery fuze (NATO certified for 105mm/155mm shells with proximity, electronic time, and point detonation modes), HK-MORTAR proximity fuze, and HK-MRT-UAV mortar fuze for UAV deployment; (2) Optical and Stabilization Platforms including the HI-THS uncooled thermal scopes and a complete line of pan-tilt units (HI-PTU series) ranging from miniature (HI-PTU050-MINI, 5kg payload) to heavy-duty stabilized platforms (HI-PTU100-DSG, 11.3kg payload) with gyro-stabilization and geo-coordinate pointing for sea, air, and ground applications; and (3) Maritime and Industrial Systems including the HI-SRV050 multi-sensor marine system, VRMS vessel remote monitoring, HI-PMS production monitoring system using industrial IoT sensors, and LRAD acoustic devices. The company designs all products according to ISO 9001:2015 and military standards, maintains NATO manufacturer certification (NCAGE: G2310), and holds facility security clearance for handling National-NATO-EU classified information.

Differentiator

Problem solved

Functional benefit

Brands

• HI: Product line prefix used for company products such as HI-THS (Thermal Scopes), HI-PTU (Pan-Tilt Units), HI-SRV (Marine Systems), HI-DRC (Drone Controller), HI-PMS (Production Monitoring System)

Products and services

• HK-MOFA Multi-option Fuze for Artillery NATO-certified multi-option fuze for 105mm and 155mm artillery with three modes (Proximity, Electronic Time, Point Detonating), inductively settable via HK-SETTER, featuring electronic detonation with non-mechanical parts, counter-measure resistance, reserve type battery, and 7 electromechanical levels of safety after firing. Intended for defense forces and artillery munitions manufacturers.
• HK-MORTAR Proximity Fuze for Mortar Proximity fuze designed for mortar munitions, providing electronic detonation capability for precise mortar shell detonation. Sold to defense forces and mortar munitions programs.
• HK-MRT-UAV Mortar Fuze for UAV Use Mortar fuze specifically designed and optimized for deployment on unmanned aerial vehicles (UAVs), enabling air-launched mortar applications for defense customers.
• HI-THS Uncooled Thermal Scopes Uncooled thermal imaging scopes for observation and targeting applications, providing thermal vision without cryogenic cooling for defense and security operators.
• HI-PTU050-MINI Miniature Pan-Tilt Unit Entry-level miniature pan-tilt unit for payload positioning up to 5.0 kg (11 lbs) using precise stepper motors with embedded encoders. Configurable motion ranges, Ethernet web interface, IP65 weatherization for ground applications such as border control towers and coastal security.
• HI-PTU050-NST Pan-Tilt Unit Non-stabilized pan-tilt unit for precise real-time positioning of payloads up to 12 pounds, including thermal cameras, video cameras, laser rangefinders, and microwave antennas. Supports RS-232, RS-485, and Ethernet/IP communication interfaces.
• HI-PTU050-DSG Stabilized Pan-Tilt Unit Dual-axis gyro-stabilized pan-tilt unit for payload stabilization and positioning up to 12 pounds. Provides inertial line of sight stabilization so thermal and video cameras remain on target while the host platform is in motion, with geo-coordinate pointing capability.
• HI-PTU100-NST Pan-Tilt Unit Heavy-duty mid-range non-stabilized pan-tilt unit for payload positioning up to 25 pounds. Continuous pan rotation with internal wiring through slip rings, configurable motion parameters, and IP67 weatherization for ground, sea, and air applications.
• HI-PTU100-DSG Stabilized Pan-Tilt Unit Heavy-duty dual-axis gyro-stabilized pan-tilt unit for sea, air, and ground applications. Supports payloads up to 25 pounds with IP66 rating, continuous pan rotation, and GPS geo-coordinate payload pointing capabilities.
• HI-SRV050 Multi-Sensor Marine System Multi-sensor marine system for vessel and maritime surveillance, integrating multiple sensor inputs for comprehensive maritime situational awareness.
• VRMS Vessel Remote Monitoring System Remote monitoring system for vessels, enabling real-time surveillance and data transmission from maritime platforms.
• HI-PMS Production Monitoring System Industrial IoT-based production monitoring system providing real-time production line monitoring, KPI tracking, preventive maintenance alerts, and environmental parameter monitoring including temperature, vibration, humidity, noise, luminosity, air quality, and power consumption for industrial customers.
• LRAD Long Range Acoustic Device Long Range Acoustic Device for audible communication, warning, and deterrence over extended distances, used by defense and security forces.
• HI-DRC Drone Controller Drone controller system developed as part of EU-funded research projects, enabling control and management of UAV operations for defense and security applications.

Quantifiable outcome

• 7 electromechanical levels of safety after firing
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Five partnerships are on record, tiered core.

• EU Research Consortium (VICTORIOUS Project)coreStrategic or Co-development PartnerEuropean research project consortium focusing on advanced defense technologies. Project involves multiple European partners for development of cutting-edge defense systems.
• EU Research Consortium (P2P-FSO Project)coreStrategic or Co-development PartnerEuropean research initiative for point-to-point free space optics communication technology development.
• EU Research Consortium (DECISMAR Project)coreStrategic or Co-development PartnerEuropean Commission funded research project involving maritime security and defense applications.
• EU Research Consortium (RESPOND-A Project)coreStrategic or Co-development PartnerEU Horizon 2020 research project (ID: 883371) focused on first responders and emergency management solutions.
• EU Research Consortium (ELAIONAS Project)coreStrategic or Co-development PartnerGreek defense technology research project consortium.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Teledyne FLIR Defense: US-headquartered global leader in uncooled thermal imaging cameras and scopes for defence applications. Closely comparable to Hellenic Instruments' HI-THS uncooled thermal scope product line targeting military and security customers.
• FN Herstal: Belgian small- and medium-caliber weapons prime that supplies integrated weapon and fuze solutions to NATO customers. Comparable to Hellenic Instruments as a Belgian/European supplier of military electronics integrated with weapon systems.
• Elbit Systems: Israeli major defence prime active in thermal imaging, electro-optics, surveillance, and unmanned systems. Highly comparable as a diversified supplier of uncooled thermal scopes and stabilized platforms to NATO and allied forces.
• Hensoldt: German sensor-house supplier of optronics, radar, and electronic warfare systems for NATO forces. Comparable to Hellenic Instruments as a European defence-electronics specialist with thermal and surveillance-sensor products.
• Safran Electronics & Defense: French defence unit of Safran producing inertial navigation, optronics, and stabilized platforms. Comparable to Hellenic Instruments in gyro-stabilized pan-tilt units and geo-pointing stabilization for sea, air, and ground applications.
• Thales: French defence and aerospace prime producing thermal imagers, communications, and weapon electronics across land, sea, and air. Comparable to Hellenic Instruments as a broader supplier serving NATO defence ministries in similar product categories.

Direct peers

• Rafael Advanced Defense Systems: Israeli state-owned defence company developing precision fuzes, electro-optical systems, and stabilized platforms. Overlaps with Hellenic Instruments across fuzing, uncooled thermal imaging, and gyro-stabilized PTU technology.
• Junghans Defence: Germany-based manufacturer of artillery and mortar fuzes for NATO customers. Directly comparable to Hellenic Instruments as a specialist in electronic fuzing technology serving European military programs.
• Diehl Defence: German defence division of Diehl Group producing fuzes, guided munitions, and weapon electronics. Directly comparable as a European supplier of NATO-qualified fuze systems and advanced weapon electronics.

Emerging players

• Instro Precision: Specialist in stabilized platforms, electro-optical gimbals, and surveillance systems for maritime and land applications. Comparable as a niche defence-electronics OEM focusing on stabilized PTU and sensor integration similar to the HI-PTU and HI-SRV product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCaugk7dxonhPSYsCeX73LRA
• Facebookfacebook.com/hellenicinstruments
• LinkedInlinkedin.com/company/hellenic-instruments
• Instagraminstagram.com/hellenicinstruments

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Hellenic Instruments