QinetiQ
Develops and integrates 3D printed structural components from recycled titanium for aerospace and defense applications, enabling sustainable supply chains and reducing lead times.
- CEO / Founder
- Steve Wadey (Group CEO)
- Team Size
- 5001-10000
- Stage
- Established
- Latest Round
- Grant (prize money) round
- Key Investors
- The Carlyle Group
Technology & Products
Key Products
Technology-based services and solutions for defense, security, and related markets, including novel weapon systems and navigation equipment.
Technological Advantage
Proprietary collaboration with AMS Ltd. for recycled titanium powder processing achieving 97% efficiency and 93.5% lower CO2e, validated through successful flight tests at MoD Boscombe Down.
Differentiation
Value Proposition
Reduces dependence on overseas titanium sources by using 97% efficient recycled material with 93.5% lower CO2e, cutting lead times and strengthening domestic supply chains for flight-safety critical parts.
How They Differentiate
A leading science and engineering company operating in the defense and security markets, providing technology-based services and solutions. Differentiates through its broad technology base and focus on innovation for defense and security applications, including sustainable solutions like recycled titanium additive manufacturing.
Market & Competition
Target Customers
Government defense agencies, aerospace manufacturers, and commercial entities in defense and security sectors
Industry Verticals
Aerospace; Defense; Security
Competitors
BAE Systems, Thales, Kratos, Lockheed Martin
Growth & Milestones
Growth Metrics
FY2024 revenue £1.91 billion (21% increase); operating profit £215.2 million; approximately 8,000 employees globally.
Major Milestones
July 2001: Founded from privatization of DERA; February 2006: IPO on London Stock Exchange; 2024: Completed world-first flight with 3D printed recycled titanium structural component
Notable Customers
Governmental defense departments, security agencies, and critical infrastructure operators.