Top 5 Military Vehicle startups

July 17, 2024 | By Bruce Makowsky

These companies and startups are developing innovative ground-based platforms tailored for various military applications. These companies specialize in designing and enhancing military vehicles, including armored personnel carriers, reconnaissance vehicles, and tactical trucks, incorporating cutting-edge technologies to improve mobility, protection, and mission capabilities.
1
Rheinmetall
Country: Germany | Funding: $1.1B
Rheinmetall manufactures battle tanks (Leopard, Panther), unmanned ground vehicles, complex air defence systems, advanced military surveillance systems.
2
Babcock
Country: Australia
Babcock International Group manufactures marine, nuclear, aviation, and defense products and provides development and engineering services.
3
Nexter
Country: France
Nexter develops a wide range of defense products in the fields of land combat systems, artillery (CAESAR), tanks (LECLERC), ammunition, weapons and robotics.
4
Otokar
Country: Turkey
OTOKAR is a manufacturing company that offers military vehicles.
5
Visionary Machines
Country: Australia | Funding: A$15.9M
Visionary Machines has Defence contract for Counter Drone and Robotic and Autonomous Systems (RAS) technology
Editor: Bruce Makowsky
Bruce Makowsky has covered military, cyber and IT news since 2009, with a focus on U.S. Navy and Marine Corps operations, acquisition programs and budgets. In particular he worked for Inside Defense. Bruce holds a Master of Science degree in journalism from Boston University. Bruce is also an award-winning photographer, renowned for his captivating images that have earned him numerous accolades and widespread recognition in the photography community. You can contact Bruce at makowsky(at)militarystartups(dot)com