INVESTORS

Land. Sea. Air. And now, Nasdaq Helsinki.

Sensofusion has been listed on Nasdaq Helsinki, and trading in the company’s shares began on 13 October 2026 with the trading code “SENSO”.

Sensofusion’s initial public offering has ended

Sensofusion’s initial public offering was multiple times oversubscribed. The results of the offering were announced on 8 October 2026. Trading in Sensofusion’s shares began on the Nasdaq Helsinki pre-list on 9 October 2026 with the trading code “SENSO”.

The final subscription price was EUR 16.41 per share, and the share issue raised gross proceeds of approx. EUR 259 million (approx. EUR 300 million if the over-allotment option is exercised in full). Following the listing, Sensofusion has more than 21,800 shareholders.

Thank you to everyone who participated in the IPO!

Information about the IPO

Sensofusion preliminarily aims to raise gross proceeds of approximately EUR 300 million through the share issue by offering new shares for subscription.

Sensofusion intends to use the proceeds from the share issue to finance its growth strategy, including:

  • accelerated R&D investments in the development of proprietary software, detection technologies, countermeasure technologies, AI capabilities and satellite capabilities;
  • expansion of production and testing capacity in relevant market areas; and
  • further strengthening of the company’s balance sheet and financial flexibility.

Cornerstone investors

Elo Mutual Pension Insurance Company, Ilmarinen Mutual Pension Insurance Company, certain funds managed by OP Fund Management Company Ltd, and Varma Mutual Pension Insurance Company have, subject to certain customary conditions being fulfilled, committed to subscribe for shares in the company amounting to approximately EUR 170 million in total in the contemplated offering at a pre-money equity value of up to EUR 1,300 million.

Subscription period for the public offering
Subscription period has ended

Subscription price per offered share
EUR 16.41

Please review the prospectus approved by the Finnish Financial Supervisory Authority available on this page before making an investment decision.

Objective of the offering

The objective of the offering is to:

  • create the conditions for Sensofusion’s strong growth to continue;

  • improve Sensofusion’s financial flexibility; and

  • raise awareness of Sensofusion and its brand amongst its customers, potential future employees and investors.

These objectives aim to improve Sensofusion’s competitiveness, facilitate its access to the capital markets and broaden its shareholder base to include both domestic and foreign investors, which is expected to increase the liquidity of the company’s shares.

The listing and the increased liquidity of the company’s shares are also expected to enable Sensofusion to make better use of its shares in employee remuneration schemes.

Sensofusion’s key strengths

Sensofusion’s management considers the following factors to be Sensofusion’s key strengths and competitive advantages:

  • strong position in a significantly growing market;

  • pioneer in C-UAS innovation;

  • direct end-customer relationships and a vertically integrated business model;

  • battle-proven performance and a continuous improvement cycle; and

  • strong financial profile and value creation roadmap.

From the CEO

“When I founded Sensofusion, the problem we were solving could still fit in a single person’s head. Today, it has become a challenge for entire nations. Developing, testing and producing the technology requires capital commensurate with the scale of that challenge. The listing will enable even more people to join us in our mission to defend humans against autonomous weapons.”

Tuomas Rasila
Founder-CEO, Sensofusion

Company presentation

Sensofusion organized a company presentation and a virtual factory tour (in Finnish) on October 1, 2026.

The speakers included Chair of the Board Timo Ahopelto, Founder-CEO Tuomas Rasila, CFO Maria Alahuhta, and CRO (Chief Research Officer) Mikko Hyppönen. Board Member Kjell Forsén represented the Board in the Q&A session.


Key Figures

(1 July 2025–30 June 2026, unaudited)

49.4 M€

REVENUE

(Unaudited)

30.1 M€

OPERATING PROFIT

(Unaudited)

277.8%

ADJUSTED RETURN ON CAPITAL EMPLOYED (ROCE)

(Unaudited)

111

EMPLOYEES

(30 June 2026)

Discover Sensofusion's technology and products

Important dates

Date Event
2 October 2026 at 10:00 a.m. (EEST) The subscription periods for the public offering and the institutional offering commence
6 October 2026 at 4:00 p.m. (EEST) The subscription period for the institutional offering may be discontinued at the earliest
6 October 2026 at 4:00 p.m. (EEST) The subscription period for the public offering ends (on or about)
8 October 2026 at 10:00 a.m. (EEST) The subscription period for the institutional offering ends (on or about)
8 October 2026 Results of the offering will be announced (on or about)
9 October 2026 Recording of the offer shares in the book-entry accounts will begin (on or about)
9 October 2026 Trading in the shares is expected to begin on the prelist of Nasdaq Helsinki (on or about)
13 October 2026 Trading in the shares is expected to begin on the regulated market operated by Nasdaq Helsinki (on or about)

Places of subscription

The places of subscription in the public offering for Danske Bank book-entry account customers are:

  • Danske Bank’s eBanking service with bank identifiers for private customers at www.danskebank.fi/sensofusion;

  • Danske Bank’s corporate eBanking service in the Markets Online module for District customers;

  • Danske Bank’s Investment Advisory Center with Danske Bank’s bank identifiers by phone Monday to Friday from 9:00 a.m. to 4:00 p.m. (Finnish time), tel. +358 200 20109 (local network charge/mobile call charge). Calls to Danske Bank’s Investment Advisory Center are recorded;

  • Danske Bank’s offices in Finland during their normal business hours; and

  • Danske Bank’s Private Banking offices in Finland (for Danske Bank’s Private Banking customers only).

Giving a commitment by phone using Danske Bank’s Investment Advisory Center or Danske Bank’s eBanking service requires a valid eBanking agreement with Danske Bank.

Commitments to equity savings accounts can be given through Danske Bank only to equity savings accounts provided by Danske Bank.

The subscription place in the public offering for Nordnet’s book-entry account or equity savings accounts customers is:

  • Nordnet’s online service at www.nordnet.fi/sensofusion. Giving a commitment requires a valid bank identifier with Nordnet; and

  • in addition, when separately agreed, the commitment in the Public Offering can be given at Nordnet Bank AB, Finnish Branch’s office at Alvar Aallon katu 5 C, FI-00100 Helsinki, Finland, on weekdays from 1:00 p.m. to 5:00 p.m. (Finnish time).

The subscription places in the public offering for customers other than those with book-entry accounts at Danske Bank or book-entry account or equity savings accounts at Nordnet are:

  • Danske Bank’s web subscription for private individuals at www.danskebank.fi/sensofusion. A commitment made through the internet requires bank identifiers of Aktia, Danske Bank, Nordea, Oma Savings Bank, OP Group, POP Bank, S-Bank, Savingsbank or Ålandsbanken; and

  • Danske Bank’s offices (excluding corporate banking offices) in Finland during their normal business hours. Information on offices offering subscription services is available by calling Danske Bank’s Investment Advisory Center, Monday to Friday from 9:00 a.m. to 4:00 p.m. (Finnish time), tel. +358 200 20109 (local network charge/mobile phone charge) or online at www.danskebank.fi. Calls to Danske Bank are recorded.

The offer shares covered by the commitment must be paid using an account in the name of the investor giving the commitment. Entities cannot submit commitments through Danske Bank’s web subscription.

Releases

INVESTOR CONTACTS

Maria Alahuhta

CFO
MAIL maria.alahuhta@sensofusion.com

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Sensofusion in brief

Sensofusion is an internationally operating Finnish defense equipment manufacturer specialized in C-UAS technology. The company researches all relevant drone technologies comprehensively, including radio frequency (“RF”) and radar technology and jamming systems, and leverages its extensive detection library in the development of its products. Drone detection refers to detecting, tracking, and identifying a drone in a manner that enables protection and the necessary warning actions. Countering drones, in turn, refers to measures that stop, disrupt, or neutralize a drone’s operation or its intended use, for example through RF jamming or interceptor drones.

The company’s mission is to defend humanity against autonomous weapons. Sensofusion is vertically integrated, meaning that it owns and manages its entire value chain in-house, from research and product development to manufacturing, customer relationships and aftermarket services.