Hensoldt AG (HENSOLDT) is a multinational corporation headquartered in Germany which focuses on sensor technologies for protection and surveillance missions in the defence, security and aerospace sectors. The main product areas are radar, optoelectronics and avionics. Hensoldt’s main office is in Taufkirchen near Munich, Germany.
On 25 September 2020, HENSOLDT AG was listed in the Prime Standard of the Frankfurt Stock Exchange at an issue price of 12.00 euros. Based on the issue price, the market capitalisation amounted to 1.26 billion euros.
Since 2017, the company has been known as Hensoldt. The company’s name can be traced back to Moritz Carl Hensoldt (1821-1903), a German pioneer of optics and precision mechanics in the 19th century. In 1852, he founded an optical workshop for telescopes, astronomical equipment and microscopes.
Hensoldt develops and manufactures radar systems for the purposes of surveillance, reconnaissance, air traffic control and air defence. These radars are used on such platforms as the Eurofighter, the German Navy’s F125 frigates and the US Navy’s littoral combat ships and ground-based systems. In September 2017, Hensoldt acquired the British radar manufacturer Kelvin Hughes from the private equity firm ECI.
Hensoldt manufactures optical and optronic devices for military and civil security applications. The main components of these devices are daylight cameras, thermal imagers, image intensifiers and laser rangefinders. The systems are used on various platforms for air, ground, sea and space missions as well as for the protection of infrastructures and borderlands. The optronic systems are used on board the Puma infantry fighting vehicle, Leopard main battle tank, 212 and 209 type submarines, Gripen and Rafale combat aircraft, AHRLAC reconnaissance aircraft, Baykar TB2 UAV, the Camcopter, Diamond DA42, and the EDRS-A satellite. In addition to this, Hensoldt also manufactures sights, targeting optics and optical systems deployed in the Leopard 2 main battle tank, PzH 2000 self-propelled howitzer, NH90 and Tiger transport and combat helicopters, as well as in the “Future Soldier” programme for modernizing the infantry of the “Bundeswehr”, the German Armed Forces.
The main system manufactured is the Sferion Pilot Assistance system, which allows for safe flight operations in a degraded visual environment. Products also include situational awareness systems, military mission computers and flight data recorders for helicopters and fighter aircraft. The company has set up the air traffic control network of the German Air Force, covering an airspace of 1,700 x 1,500 kilometres, by equipping airports used by the air force with ASR-S surveillance radar. Further air traffic control radars by Hensoldt are under contract for Great Britain, Australia and Canada. In August 2017, Hensoldt acquired the German based company EuroAvionics GmbH, a supplier of civil avionics systems for helicopters and UAVs.
The company is a manufacturer of systems for acquiring and analysing radar and radio signals as well as equipments which offer protection for convoys and individual vehicles from attacks by improvised explosive devices (IED). The company developed MUSS, an operational electronic self-protection system for armored vehicles, which is integrated into the German Armed Forces’ Puma infantry fighting vehicle.