Canatu starts generating small revenue from defense industry
By Atte Riikola
Translation: Original published in Finnish on 5/15/2025 at 7:51 am EEST.
On Wednesday, Canatu announced that it has started mass production and deliveries of sensors designed to protect electronic devices to a global technology company. In terms of revenue, the agreement is small, but it demonstrates the versatility of Canatu's carbon nanotubes and highlights their potential in special applications outside the company's current focus areas (semiconductors, automotive sector and diagnostics).
Canatu's sensor is designed to detect unauthorized physical tampering in systems that store or process sensitive information. The device is connected to electronics that constantly monitors and responds to protect the data. The company already mentioned in connection with its IPO that it has an ongoing project targeting the defense sector, in which the product now being announced is being developed.
The agreement with the customer includes deliveries from April 2025 to the third quarter of 2026, and the corresponding revenue will be recognized during the same period. According to Canatu's disclosure policy, the agreement is considered to be of small commercial value (less than 1 MEUR). It can therefore be said to make a small contribution to our projected revenue for Canatu in the coming years.
Login required
This content is only available for logged in users
Canatu is a technology company active in deep technology that creates carbon nanotubes (Canatu CNT), related products and manufacturing equipment for the semiconductor, automotive and medical diagnostics industries. The company operates through two business models, firstly using their own reactors to develop and manufacture CNT products. Second, the company sells its CNT reactors and licenses its related technology, allowing customers to produce the products themselves under a limited license.
Read more on company pageKey Estimate Figures31.03.
| 2024 | 25e | 26e | |
|---|---|---|---|
| Revenue | 22.0 | 22.8 | 35.4 |
| growth-% | 62.1 % | 3.7 % | 55.1 % |
| EBIT (adj.) | -4.8 | -7.5 | -4.0 |
| EBIT-% (adj.) | -21.9 % | -32.8 % | -11.4 % |
| EPS (adj.) | -0.01 | -0.11 | -0.07 |
| Dividend | 0.00 | 0.00 | 0.00 |
| Dividend % | |||
| P/E (adj.) | neg. | neg. | neg. |
| EV/EBITDA | neg. | neg. | neg. |
Forum discussions
