QinetiQ

QinetiQ is a defense and national-security technology group with robots, autonomous systems and test services across land, maritime and air domains. Its robotics portfolio includes systems such as TALON/C-TALON and autonomous-systems work for defense customers.

Facts

Segment: Defense Robotics
Country: GB
Founded: 2001
Ticker: QQ.L
Website: https://www.qinetiq.com

Market context

QinetiQ is relevant where uncrewed platforms, defence robotics and autonomy move through test ranges, mission integration and specialist defence programs.

Liquid Robotics - comparable profile - peer: Uncrewed Marine Robotics
Atlas Elektronik - comparable profile - peer: Uncrewed Marine Robotics
Dropla - comparable profile - peer: Defense Ground Robotics

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Products

TALON

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Financials

QQ.L - LSE - GBP

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1 commercial event; 1 contract award; 1 named customer; $90M disclosed ceiling value; latest event 2019-02-05

2019-02-05 - Contract award - QinetiQ North America wins $90 million IDIQ contract for TALON robot sustainment - U.S. Army - $90M ceiling - source: prnewswire.com

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Supply

PNI Sensor - Inbound - Positioning & Navigation - PNI TCM sensors are used on QinetiQ Talon bomb-disposal robots for heading, pitch and roll orientation - source: pnisensor.com

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Timeline

2020-11-11 - Production Milestone - QinetiQ and Pratt Miller deliver first RCV-L prototype to U.S. Army - The first RCV-L reached GVSC at Selfridge Air National Guard Base on November 5, 2020. The hybrid-electric unmanned ground combat vehicle integrated QinetiQ robotic control systems with Pratt Miller EMAV vehicle technology. The vehicle was the first of four… - source: prnewswire.com
2019-02-05 - Contract Award - QinetiQ North America wins $90 million IDIQ contract for TALON robot sustainment - QinetiQ North America received a $90 million IDIQ contract to support sustainment of the TALON family of robotic systems for the U.S. Army. The release said more than 4,000 TALON robots were deployed worldwide by the U.S. and allied users. The contract… - source: prnewswire.com

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Team

Steve Wadey - Group Chief Executive Officer - QinetiQ's defense technology, test and autonomy work sits within the group strategy.
Tom Vecchiolla - President and Chief Executive, QinetiQ US - QinetiQ US is a relevant operating lane for U.S. defense robotics, autonomy and mission-systems programs.

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Relations

U.S. Army GVSC - Rcv L Prototype Customer - QinetiQ and Pratt Miller delivered the first RCV-L prototype to the U.S. Army GVSC.
U.S. military customer - Talon Sustainment Customer - QinetiQ North America received a $90 million IDIQ contract to support sustainment of the TALON family of robotic systems.
UMS SKELDAR - Partner - QinetiQ provides and operates SKELDAR V-200 systems for Canadian defence users.

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Deployments

Idiq Contract Value Usd - $90 million IDIQ contract - 2019-02-05 - U.S. military customer - ground robot sustainment - QinetiQ North America received a $90 million IDIQ contract to support sustainment of the TALON family of robotic systems. - source posture: Company Disclosed - source: prnewswire.com

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Operations

Delivered Rcvl Prototype Count - 1 RCV-L prototype delivered - 2020-11-11 - U.S. Army GVSC - robotic combat vehicle prototype - QinetiQ and Pratt Miller delivered the first Robotic Combat Vehicle-Light prototype to the U.S. Army GVSC for the RCV-L program. - source posture: Company Disclosed - source: prnewswire.com

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