Annual rank54
Sweden · Industrials
Invisio
Develops integrated communication systems for professional users in the defence and public-safety sectors.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Hearing protection, connected teams and vehicle communications
INVISIO builds integrated communications for defence and public-safety teams working around gunfire, aircraft, armoured vehicles and other severe noise. The offer combines hearing-protection headsets, body-worn control units, vehicle intercoms, wireless links and software. Products are marketed under the INVISIO and Racal Acoustics brands, then configured around particular users, radios and platforms. The company concentrates on development, marketing and sales while selected European partners manufacture most equipment.
Two headset families
Protect against impulse noise and constant engine noise
INVISIO-branded headsets cover mobile in-ear and over-ear protection: X7 reaches 39 dB SNR with foam tips, while T30 combines passive protection with active noise reduction. Racal Acoustics, a separate brand within the group, specialises in constant-high-noise roles in vehicles, aviation and dismounted operations. Its RA5100 moves between vehicle and on-foot missions, using 30 dB SNR active noise reduction and software-upgradable electronics.
- Compare the headset range INVISIO and Racal Acoustics models for different noise profiles
- Fit the X7 in-ear system 39 dB SNR, multiple tips and natural situational awareness
- Explore the T30 Over-ear passive and active hearing protection
- Meet Racal Acoustics The group's brand for constant-high-noise environments
- Move with the RA5100 One headset for vehicle and dismounted roles
- ▶ VideoWatch the T30 product film Official English-language demonstration of the headset
Body-worn to vehicle
Build one scalable communications system
V60 II places three communications ports and four push-to-talk buttons on the user's body. The ADP version also routes USB data and power and can send device notifications or live audio to the headset. Inside a platform, the Intercom connects four radios and five wired users; Link adds up to eight AES-256-encrypted wireless users per station. Control manages radio access and audio through Windows, Android or an API.
- Use the V60 II control unit Three COM ports and four dynamically assigned PTT buttons
- Bridge audio, data and power The V60 II ADP adds USB routing and device audio
- Connect the vehicle intercom Four combat-net radios and five wired user ports
- Add wireless users with Link Up to eight users per encrypted wireless station
- Manage the network in Control Windows, Android and API access to radios, users and audio
- ▶ VideoWatch the Control app demonstration Official English-language system-management film
Named deployments
Different forces, different communications problems
Issuer case studies show how the same architecture is adapted rather than sold as one fixed kit. Britain deployed systems to about 30,000 personnel across the British Army, Army Reserve, Royal Navy and RAF; Australia rolled X5 and V60 equipment through three brigades; and France coupled a customised V60 to the Auxylium smartphone. A US case names the 10th Special Forces Group and Polaris vehicles, while the Swedish Police case records two 2019 framework agreements without implying guaranteed volumes. Canada's 2026 standing offer spans its Army, Air Force, Navy and Special Operations Forces Command and names Racal RA5100 headsets and RA71 controllers; SEK 450 million is a potential ceiling and orders are not guaranteed.
- Canadian Armed Forces Whole-force standing offer with named Racal products and no guaranteed volume
- British armed forces About 30,000 personnel across the Army, Reserve, Navy and RAF
- Australian Army A three-brigade rollout delivered in tranches from 2015 to 2017
- French Army V60 and X5 adapted to an Auxylium smartphone system
- 10th Special Forces Group Body-worn and vehicle systems paired with Polaris platforms
- Swedish Police Two 2019 framework agreements for protected communications
Operating model and strategy
Own the system design, outsource most manufacturing
Headquartered in Copenhagen, INVISIO reports sales organisations in seven countries and a wider partner network. It focuses on development, marketing and sales, with most manufacturing handled by selected European contractors. Services run from needs assessment and testing through training and lifecycle support. Growth priorities include deeper use of existing contracts, portfolio innovation and acquisitions, new user groups and expansion in Asia, the Middle East and South America. The 2021 Racal acquisition added the second brand and its constant-noise expertise.
- Map the company footprint Headquarters, offices, products and global customer support
- Follow a customer programme Assessment, testing, integration, training and support
- Understand the operating model Core commercial activities and European contract manufacturing
- See how the offer fits together Headsets, controls, intercom, hubs and software as one system
- Read the profitable-growth strategy Penetration, innovation, new users and new geographies
- Trace the Racal acquisition The completed transaction and group boundary
Official profile sources: Company history | INVISIO · About INVISIO | Communication & hearing protection systems
Current 2026 update
What is changing at Invisio in 2026?
INVISIO is extending its communications portfolio through a whole-force Canadian purchasing route, a software-only drone-awareness mode and direct UK framework access, while U.S. procurement timing remains uneven.
The change in one sentence
The portfolio is widening in capability and procurement reach, but access is not an order.
Canada names Racal products across four services, Drone Aware extends the T30 in software, and UK access still depends on competed call-offs as U.S. purchases wait.
Four lenses on 2026
The same four-quadrant format used in the Company profile.
01 · Canada across four services
A whole-force standing offer names the Racal system with no guaranteed order volume
On 14 August, INVISIO announced a Canadian Armed Forces Standing Offer, comparable to a framework agreement, won through Canadian partner Simex Defence. It covers the Army, Royal Canadian Air Force, Royal Canadian Navy and Special Operations Forces Command. INVISIO can supply Racal Acoustics RA5100 headsets, RA71 controllers, cables, spares and sustainment services for mounted and dismounted use. The initial term is two years with an option for three more. Its potential value is up to SEK 450 million, but order volumes are not guaranteed: business enters only through call-offs during the agreement period.
- Current signalTwo-year standing offer plus three-year option · four CAF services · up to SEK 450m potential, no guaranteed volume
- Why it mattersThe award connects the Racal brand, a local partner and sustainment support to a national route that spans every Canadian service, while preserving call-off risk.
- Canadian whole-force standing offer INVISIO · 14 August 2026
02 · Product software
A passive T30 mode is designed to make multi-rotor drones easier to hear
Drone Aware adds a software mode to the T30 headset that enhances the acoustic sound of multi-rotor drones. INVISIO says users can gain earlier awareness than with the naked ear, without extra hardware or training. The feature operates passively and emits no radio-frequency signal. Release is expected in Q3 2026 rather than already completed. The Q2 report also says additional T30 production capacity is planned for late Q3 following what management described as strong product interest. Both the detection benefit and the schedule are issuer claims; field performance, adoption and delivery scale remain to be shown.
- Current signalSoftware-only T30 mode · passive, no RF emission · Q3 launch and extra late-Q3 capacity expected
- Why it mattersThe feature tries to expand an existing hearing-protection product into a new battlefield-awareness role without adding another worn device.
- Drone Aware T30 mode INVISIO · 11 June 2026
- Q2 procurement and capacity update INVISIO · 17 July 2026
03 · Procurement access and timing
A UK route opens as U.S. government buying moves more slowly
INVISIO became a direct supplier under UK framework RM6393, which runs from 2026 to 2034 and covers hardware, software, design, implementation and support. Buyers can seek full systems or modular assemblies, but every call-off is competed and supplier status guarantees neither volume nor value. Q2 shows the other side of government procurement: order intake fell 31% as management attributed U.S. delays to a partial shutdown affecting Homeland Security and the Coast Guard, plus a Defense Department reorganisation. Management describes those purchases as delayed rather than lost and expects gradual second-half recovery; that assessment is not yet an observed outcome.
- Current signalUK framework 2026–2034, competed call-offs · Q2 order intake -31% · U.S. recovery remains management expectation
- Why it mattersNational framework access widens the addressable route, but budgets, administrative changes and competed call-offs still determine when access becomes an order.
- Q2 procurement and capacity update INVISIO · 17 July 2026
- UK tactical-communications framework UK Government Commercial Agreements · checked 28 August 2026
04 · What to watch
Three questions for the next disclosures
The next disclosures should separate framework access from firm call-offs, product claims from field adoption and management expectations from realised procurement recovery.
- Canadian call-offsWhich Canadian services place the first call-offs, and how much of the up-to-SEK 450 million potential ceiling converts into firm orders for products, spares and sustainment?
- Drone Aware deliveryDoes Drone Aware launch in Q3 alongside the planned T30 capacity increase, and is its claimed awareness benefit documented in operational use?
- UK and U.S. conversionDoes UK direct-supplier status produce competitively won call-offs while the delayed U.S. purchases return as management expects?
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 54 | +131% | +405% | +62% |