FEAC Engineering

What FEAC Engineering does

FEAC serves enterprise and institutional clients across marine, aerospace, healthcare, oil & gas, renewable energy, defense, construction, and particle physics sectors, with named logos including Energean Oil & Gas, ERMA FIRST, Rontis, INASCO, Fermilab, and KIT. The company collaborates with CERN (as the first Greek SME in CERN's Business Incubation Centre), the European Space Agency, and participates in EU-funded programs including Horizon Europe, the European Defence Fund, and the European Defence Agency. Revenue is generated through three primary streams: Siemens DISW software distribution and licensing (recurring), engineering consulting services (project-based professional services), and software training including NX Open CAE API customization. FEAC holds the European Commission's Seal of Excellence for PITHIA-CP and won the EDA Innovation Prize 2024 for the PITHIA concept applied to critical maritime infrastructure protection.

Name

FEAC Engineering

Legal name

FEAC Engineering P.C.

Website

https://feacomp.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

FEAC Engineering is a Greek Siemens DISW distribution partner and proprietary software developer delivering multi-physics engineering simulation services, the PITHIA BEM software family, and AIrtery cardiovascular diagnostics across marine, aerospace, defense, and healthcare sectors in 13 countries.

Ownership category

akta.pro rank

Product category

Engineering Simulation Software

NAICS

Engineering Services (54133), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Product Design & Mechanical Engineering Consulting (BPAHAIAJ)

akta.pro secondary industries

Digital Engineering & Simulation (CFD/FEA, Digital Twins, Model-Based Engineering) (IMAJAGAL), Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)

Keywords

• Engineering simulation software
• Computer-aided engineering
• Computational fluid dynamics
• Finite element analysis
• Digital twin technology

Headquarters

HQ city

Patras, Achaia

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Siemens DISW Product Distribution: FEAC operates as an authorized distributor of Siemens Digital Industries Software (DISW) products including Simcenter 3D, NX Nastran, Femap, STAR-CCM+, Heeds, Amesim, and other CAE tools. Revenue is generated through software sales, licensing, and related services across assigned territories.
2. Engineering Consulting Services: Delivering tailor-made, multi-physics simulation services throughout the entire product development process. Services include CAD, CAM, Structural Analysis, Fluids-Thermal Analysis, Systems Simulation, Anti-Corrosion Analysis, Optimization Analysis, Acoustic Analysis, Electromagnetics & EMI/EMC-RCS, and AI monitoring.
3. Software Development: Custom software development services including web & mobile applications, Digital Twin Software, and specialized NX/Simcenter customization. Also includes NX Open API training programs.
4. Training Services: Software training for Siemens DISW products and Software Developing Training for NXopen CaeApi using C++.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

FEAC Engineering is a Siemens Digital Industries Software Solution & Technology Partner that distributes the full Siemens CAE/PLM software portfolio, develops and sells its own proprietary simulation software (PITHIA family for Boundary Element Method analysis and AIrtery for AI-assisted cardiovascular CFD), and delivers multi-physics engineering consulting, custom software development, and authorized training services across 13 countries in Southern and Central/Eastern Europe.

Product overview

FEAC Engineering is a Siemens Digital Industries Software (DISW) Solutions & Technology Partner offering both proprietary software products and distributed Siemens simulation software. The core proprietary offering includes PITHIA-CP (cathodic protection), PITHIA-EM (electromagnetics), and PITHIA-FSI (fluid-structure interaction) - Boundary Element Method solutions integrated into Siemens Simcenter 3D, plus AIrtery for cardiovascular diagnostics using CFD and AI. FEAC distributes the full Siemens DISW portfolio including Simcenter 3D, NX Nastran, STAR-CCM+, Teamcenter X, Mendix, Femap, Heeds, and Tecnomatix. SDC Verifier is also distributed for structural verification. Services include engineering consulting, software training, and an academic program. The company operates as a Value-Added Reseller for Siemens in Greece, Cyprus, Malta, and Central/Southeastern European regions.

Differentiator

Problem solved

Functional benefit

Brands

• PITHIA: A unique simulation software by FEAC for Boundary Element Method (BEM) solution for cathodic protection. Includes PITHIA-CP (cathodic protection), PITHIA-EM (electromagnetics), and PITHIA-FSI (fluid-structure interaction).
• AIrtery

Products and services

• Simcenter 3D Siemens multiphysics simulation platform for structural, thermal, CFD, and electromagnetics analysis. FEAC is an authorized distributor across 13 countries including Greece, Cyprus, Malta, Slovakia, Slovenia, Croatia, Hungary, Serbia, Romania, Bulgaria, Albania, Montenegro, North Macedonia, and Bosnia and Herzegovina.
• NX Nastran Siemens finite element analysis solver for structural and aerospace analysis, distributed by FEAC across its Southeast European territories.
• STAR-CCM+ Siemens computational fluid dynamics software for multiphysics simulation, distributed by FEAC across its territories.
• Femap Siemens finite element analysis pre/post-processor, distributed by FEAC across its territories.
• Amesim Siemens system simulation platform for mechatronic systems, distributed by FEAC across its territories.
• Heeds Siemens multidisciplinary design optimization software, distributed by FEAC across its territories.
• Fibersim Siemens software for composite materials engineering, distributed by FEAC across its territories.
• Tecnomatix Plant Simulation X Siemens digital factory solution for plant simulation and manufacturing process optimization, distributed by FEAC.
• Teamcenter X Siemens cloud-based Product Lifecycle Management (PLM) solution, distributed by FEAC as part of the Siemens DISW portfolio.
• Mendix Siemens low-code application development platform, distributed by FEAC as part of the Siemens DISW portfolio.
• NX X CAD Siemens cloud-based Computer-Aided Design software as part of the NX X SaaS portfolio, distributed by FEAC.
• PITHIA-CP (Cathodic Protection) FEAC's proprietary Boundary Element Method software for designing, monitoring, and optimizing cathodic protection systems on industrial assets. Integrated into Siemens Simcenter 3D, it received the European Commission Seal of Excellence for outstanding quality, innovation, and impact. Targeted at cathodic protection engineering in maritime, oil & gas, and infrastructure-protection applications.
• PITHIA-EM (Electromagnetics) FEAC's proprietary software for electromagnetic studies and simulations within the PITHIA family, supporting electromagnetics and EMI/EMC-RCS analysis use cases.
• PITHIA-FSI (Fluid-Structure Interaction) FEAC's proprietary software for fluid-structure interaction analysis within the PITHIA family, supporting advanced multiphysics engineering simulations.
• AIrtery FEAC's proprietary non-invasive toolkit that predicts arterial blood flow by combining Computational Fluid Dynamics with AI-assisted Reduced Order Models. Provides near real-time diagnostic information for cardiovascular artery disease assessment, including personalized 3D coronary artery models and FFRML-based stenosis severity estimation, targeted at medical-device companies, clinicians, and cardiovascular researchers.
• SDC Verifier Structural design verification software, distributed by FEAC with variants for Simcenter 3D and Femap, used for structural analysis validation in industrial engineering projects.
• Software Training Authorized training services for Siemens DISW software including Simcenter 3D, NX CAD, NX Nastran, Femap, STAR-CCM+, and Amesim, delivered as a certified Siemens DISW training partner.
• Software Development Training NXopen CaeApi training program for customization and custom application development within the Siemens NX 3D environment, using C++ for building fast and robust custom-build software solutions.
• Engineering Consulting Services Multi-physics engineering consulting covering CAD, CAM, structural analysis, fluids-thermal analysis, systems simulation, anti-corrosion analysis, optimization analysis, acoustic analysis, electromagnetics and EMI/EMC-RCS, AI monitoring, reduced-order model development, and plant simulation, for industrial clients across marine, aerospace, healthcare, oil & gas, renewable energy, defense, construction, and science & particle physics.

Quantifiable outcome

• More than 150 projects delivered successfully across Marine, Aerospace, Healthcare, Oil & Gas, Renewable Energy, Defense, Construction, and Science & Particle Physics sectors
• +2 more outcomes

Named customers8 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered secondary, flagship, core and minor.

• European Space Agency (ESA)secondaryStrategic or Co-development Partner · 1 January 2021FEAC has participated in ESA space missions and projects, contributing engineering simulation expertise to space-related applications.
• Siemens Digital Industries Software (DISW)flagshipTechnology or Integration · 1 January 2017FEAC is an authorized distributor, Solution & Technology Partner, and Certified Training Partner of Siemens DISW. The partnership covers distribution of Siemens CAE software products including Simcenter 3D, NX Nastran, Femap, STAR-CCM+, Heeds, Amesim, and other tools across Greece, Cyprus, Malta, Slovakia, Slovenia, Croatia, Hungary, Serbia, Romania, Bulgaria, Albania, Montenegro, North Macedonia, and Bosnia and Hercegovina. FEAC holds Silver Expert partner status.
• CERNcoreStrategic or Co-development Partner · 1 January 2017FEAC was selected as the first Greek SME for CERN's Business Incubation Centre (BIC) to develop and validate PITHIA software. Permanent collaboration established for particle physics research and engineering simulation.
• SDC VerifiersecondaryTechnology or IntegrationFEAC offers SDC Verifier software products including SDC for Simcenter 3D, SDC for Femap, and standalone SDC Verifier for structural analysis validation.
• Horizon EuropesecondaryStrategic or Co-development PartnerActive participation in Horizon Europe R&D consortia for advanced research and development projects.
• European Defence Fund (EDF)secondaryStrategic or Co-development PartnerParticipation in European Defence Fund projects for defense-related R&D initiatives.
• European Defence Agency (EDA)secondaryStrategic or Co-development PartnerActive participation in EDA innovation programs and defence-related research projects.
• POINT architectsminorStrategic or Co-development PartnerCollaboration on headquarters design project that won the BIG SEE Interior Design Award 2025.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HeartFlow: Commercializes AI-augmented, non-invasive coronary diagnostics (FFRCT). Comparable as the most direct peer for AIrtery in cardiovascular CFD plus AI for CAD assessment.
• Ansys: Global leader in engineering simulation software (FEA, CFD, multiphysics). Directly comparable as the dominant CAE platform whose products FEAC uses, competes against in services, and whose Hall of Fame competition FEAC won in 2014.
• Altair Engineering: Engineering simulation and design optimization software provider (HyperWorks, OptiStruct). Comparable as a direct peer in structural FEA, optimization, and high-performance computing simulation services.
• ESI Group: Virtual prototyping and simulation software/services for manufacturing and materials. Comparable as a direct peer in industrial CAE consulting and simulation-led product development across aerospace, automotive, and marine.
• BETA CAE Systems: Greek-headquartered FEA pre/post-processing software company (ANSA, META). Comparable as a Greek engineering simulation peer with similar technical DNA and overlapping European industrial customer base.
• InterCorr International (Corrosion Office): Developer of cathodic protection and corrosion prediction software (Corrosion Office). Comparable as the closest specialist peer to PITHIA-CP in BEM-based cathodic protection design and monitoring software.
• COMSOL: Multiphysics simulation software vendor with strong academic and industrial user base. Comparable as a direct competitor in CAE/FEA/CFD consulting and simulation software, particularly for boundary element and coupled-physics workflows.

Broad incumbents

• Dassault Systèmes: PLM and simulation incumbent (SIMULIA, CATIA, 3DEXPERIENCE). Comparable as a broad incumbent offering overlapping structural and fluid simulation capabilities that FEAC's Siemens partnership indirectly competes against.
• Siemens Digital Industries Software: Owner of Simcenter, NX, STAR-CCM+, and the partner program through which FEAC distributes software. Comparable as the broader incumbent whose platform FEAC builds on and extends via PITHIA integrations.
• Tata Technologies: Global engineering services and digital enterprise company with deep Siemens partnership. Comparable as a much larger incumbent in outsourced CAE/PLM services that competes for similar aerospace and industrial simulation engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/FEACEngineering
• Facebookweb.facebook.com/feacomp
• LinkedInlinkedin.com/company/feacomp
• Instagraminstagram.com/feacengineering

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 FEAC Engineering