NGS Group AB
NNGM:NGS2.70
SEK
0.00
(0.00%)
ISIN
SE0009947708
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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FRC
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in mil. unless spec.Company Description
- CEO
- Jan Georg Bengtsson
- Full Time Employees
- 151
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Torsgatan 13 Stockholm AB Sweden 111 23
- IPO Date
- Mar 25, 2002
- Website
- ngsgroup.se
- Similar Companies
- Business
- NGS Group AB (publ) (NGS.ST) operates as a Swedish technology company focused on developing and commercializing advanced simulation software for the aviation and defense industries. The company offers core products including pilot training simulators, mission planning systems, and virtual reality-based training solutions; its flagship offerings encompass full-flight simulators for fighter jets and helicopters, embedded training systems integrated with aircraft avionics, and customized simulation platforms for military and commercial aviation training. NGS provides comprehensive services such as simulator maintenance, software upgrades, and turnkey training center solutions, targeting defense forces, airlines, and aviation academies primarily in Europe, the Middle East, and Asia. Founded in 2022 and headquartered in Linköping, Sweden, the company leverages expertise in real-time simulation and AI-driven training technologies to deliver high-fidelity, cost-effective alternatives to live flight training. In late 2024, NGS Group announced a strategic partnership with Saab AB to co-develop next-generation embedded training capabilities for the Gripen fighter jet program; additionally, the company secured a SEK 150 million funding round led by institutional investors to accelerate expansion into unmanned aerial systems simulation, marking its first major external financing since inception. These developments, coupled with the launch of its NGS Horizon VR training suite in early 2025, position NGS for sustained growth amid rising global demand for advanced aviation training solutions.