EmbeddedArt Group AB
NNGM:EMART4.40
SEK
-0.05
(-1.12%)
ISIN
SE0021924719
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Lars Tegborg
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Address
- Stockholm Sweden
- IPO Date
- Aug 1, 2014
- Website
- embeddedart.se
- Similar Companies
- Business
- EmbeddedArt Group AB is a Sweden-based defense technology and systems engineering company that specializes in underwater acoustic systems, advanced sensor technologies, embedded hardware and software solutions, and comprehensive technical consulting for the defense, maritime, and public safety sectors. Founded in 2009 and headquartered in Stockholm, Sweden, the company operates across Sweden through specialized subsidiaries, including EmbeddedArt AB, EmbeddedArt Karlskrona AB, and EmbeddedArt Granit AB, maintaining key facilities in Stockholm, Karlskrona, Östersund, Enköping, and Åre. The company provides an extensive portfolio of specialized defense technologies, engineering solutions, and technical services organized into distinct operational areas: underwater and marine defense systems, comprising hydroacoustic solutions, active and passive sonar systems, ultraviolet sensor systems, underwater surveillance platforms, acoustic signature measurement tools, and the deployment of the specialized research and test submarine Malen as an operational test platform, sensor calibration resource, and anti-submarine warfare training target; embedded systems and hardware engineering, encompassing digital and analog electronics design, high-reliability embedded software architecture, printed circuit board development, firmware programming, mechanical systems integration, and rapid prototyping for harsh operational environments; technical consulting and systems life-cycle support, delivering Integrated Logistics Support, systems safety engineering, CE marking certification, technical documentation, and compliance support; tactical command and communication solutions, providing engineering integration and technical support for military tactical networks and mobile command posts; and legacy IoT technologies, which historically included marine vessel monitoring and alarm systems under the C-Pod brand and personal tracking devices under the Spara brand. In recent strategic and operational developments, EmbeddedArt Group AB has undergone a major corporate transformation to focus entirely on the expanding defense and security market. In 2024, the business completed a reverse takeover with C Security Systems AB and subsequently rebranded as EmbeddedArt Group AB, trading on the Nordic Growth Market under the ticker symbol EMART. In December 2025, the company conducted a directed share issue to fund the strategic acquisition of Granit Teknikbyra AB, an engineering and systems safety firm, which was integrated as a wholly owned subsidiary under the name EmbeddedArt Granit AB effective January 1, 2026. In August 2026, EmbeddedArt Group executed a decisive strategic shift by announcing its complete exit from the commercial consumer IoT market—discontinuing the C-Pod and Spara consumer product lines—in order to redirect capital, engineering talent, and manufacturing capacity exclusively toward defense and governmental security programs. Building on this refocus, the group has secured major framework agreements and multi-million Swedish kronor delivery contracts with key defense authorities, including the Swedish Defence Materiel Administration for tactical communication networks and mobile command posts, as well as the Swedish Coast Guard for ongoing technical and systems safety consulting.