NAXS Co-invests SEK 9 Million in German Defence Technology Firm Euroatlas

NAXS AB has invested SEK 9 million in German defence technology company Euroatlas Holding GmbH. The co-investment was made alongside Mimir, a manager that specializes in corporate carve-outs.

Euroatlas focuses on technology in four key areas: underwater autonomy, power electronics, day and night vision systems, and counter-drone systems. These technologies are primarily utilized within the defence sector.

Euroatlas is an existing holding of Mimir Industries AB, a fund vehicle managed by Mimir in which NAXS already holds an investment. This specific co-investment is being made through a separate vehicle, Mimir EA Holding II AB. The transaction involves no management fees and no carried interest.