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Defence Tech lists on Euronext Growth Milan

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  • Twenty-fifth listing of 2021 on Euronext Growth Milan
  • Defence Tech brings the total number of companies listed on Euronext Growth Milan to 156
  • Total placement volume of the offering equal to €25 million

Milan – 29 October 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Defence Tech on its listing on Euronext Growth Milan.

Defence Tech is an Italian centre of technological excellence and innovation, active in the field of Cyber Security, Technologies for Intelligence and Engineering & Control Systems.

Defence Tech represents the twenty-fifth listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies and it brings the total number of firms currently listed on Euronext Growth Milan to 156.

In the placement phase, Defence Tech raised €25 million. The free float at the time of admission was 28% and the market capitalisation at IPO was €89.4 million.



Emilio Gisondi, CEO of Defence Tech, said: "We have reached an important milestone and we are extremely proud of the success we are experiencing with the financial community. The listing on Euronext Growth Milan represents not only the result of hard work over the years, but also the beginning of a new phase that will provide us with the energy, the support, and the strength needed to implement our business plan in the best way possible and to become a symbol of Italian excellence. Technological sovereignty, investor satisfaction and an all-Italian project: these are the challenges that await us and that we are prepared to face."

Defence Tech - Euronext Growth Milan

Emilio Gisondi, CEO of Defence Tech, rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.

About Defence Tech

Defence Tech is an Italian centre of technological excellence and innovation in the field of Cyber Security, Technologies for Intelligence and Engineering & Control Systems. It develops proprietary technologies and provides high value-added services. The Group, which aims to grow fast, currently includes three operating companies:

  • Next S.r.l. ("Next"): engineering company specialized in development and integration of complex systems with high technological content for the Defense, Transportation, Space and Public Administration sectors.

  • Donexit S.r.l. ("Donexit"): a company specialized in technologies for Defense and for protection of complex Critical Infrastructures; the areas of expertise are Defense, Training & Simulation, System Integration and Cyber Security.

  • Fo.Ra.Mil. S.r.l. ("FoRaMil"): a company specialized in the logistics of security infrastructures in the military, naval and civilian fields, in Italy and abroad.

Download press release - Defence Tech

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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