Inzpire
Defence consultancy, training services and mission systems.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
£23.5m Valuation: £23.5m 1.8x EV/Revenue 15.6x EV/EBITDA | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 32 % | (28 %) | 84 % | 23 % | 13 % | 27 % | 26 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 11 % | 16 % | 15 % | 10 % | 9 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 8 % | 11 % | 5 % | 8 % | 4 % | 8 % | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 1 % | - | - | - | - | - |
Source: Company filings or news article
Related Content
Inzpire is a provider of defence consultancy, mission-critical training, and advanced mission systems for military clients, primarily serving the UK Armed Forces and international allies. The company was founded on May 19, 2005. One of its co-founders is Hugh Griffiths, who created the company with two friends out of frustration with how businesses were letting down the armed forces. The firm is headquartered in Lincoln, Lincolnshire, UK.
A significant portion of Inzpire's revenue is generated from airborne training and evaluation services for the Royal Air Force. The company's business model revolves around providing managed services and products directly to defence ministries. This includes delivering live and synthetic training for air, land, and maritime operations, with a focus on uncrewed systems, intelligence, and human performance. Inzpire's team is largely composed of former military personnel, with about 80% having served in the armed forces, which provides deep operational expertise.
The company's flagship product is the GECO family of mission systems. The GECO system is a tablet-based mission planning and situational awareness tool used in over 22 aircraft types, including fast jets and helicopters like the F-16, Typhoon, Apache, and Chinook. It enhances safety by mitigating risks like wire strikes and improves mission effectiveness by processing and displaying critical mission and aeronautical data. The system is designed with an open architecture for integration with existing military hardware. Inzpire also offers deployable simulators and a range of cyber security services. In February 2019, QinetiQ Group plc acquired a majority stake in Inzpire, completing a strategic investment to enhance both companies' defence training capabilities.
Keywords: defence consultancy, military training, mission systems, GECO, aviation training, synthetic environments, flight simulators, mission planning systems, situational awareness tools, defence managed services, air operations, land training, uncrewed aerial systems, human performance, cyber security services, UK Ministry of Defence, Royal Air Force, military aviation, airborne training, defence electronics