WB Group

Polish defense electronics company building battlefield C4ISR systems, loitering munitions, and reconnaissance drones

Defense 📍 Ożarów Mazowiecki, Poland Founded 1997

Current Valuation

Private

as of 2024-Q4

PRIVATE

WB Group is one of Europe's largest privately-held defense contractors, headquartered outside Warsaw and vertically integrated across battlefield networking (FONET), command software (TOPAZ), reconnaissance drones (FlyEye), and the Warmate family of loitering munitions. Revenue grew ~75% YoY to roughly $700M in 2024 driven by Europe's defense spending surge following Russia's invasion of Ukraine, including a Polish framework order for ~10,000 Warmate munitions and major Homar-K and K9 howitzer integration contracts. Largely funded through revenue and a single 2017 equity stake from the Polish Development Fund.

Company Profile

CEO

Piotr Wojciechowski

Founded

1997

Ożarów Mazowiecki, Poland

Employees

~2,500

Total Raised

$34M

Est. Revenue

$700M (2024-Q4)

Growth

~75% YoY

Last Round

Polish Development Fund (PFR) equity — $34M (Nov 2017) · Lead: Polish Development Fund (PFR)

IPO Status

private

Founders & Key People

Piotr WojciechowskiAdam Bartosiewicz

Investors

Polish Development Fund (PFR) · Warsaw Equity Group

Products

FONET vehicle networking
TOPAZ battlefield command software
FlyEye reconnaissance drone
Warmate loitering munitions family (Warmate, Warmate 3, Warmate 20, Warmate 50)
ZSSW-30 remote weapon station
Homar-K integration
CGR-80 guided rockets (via Hanwha WB JV)

Competitors

AeroVironment (Switchblade) · UVision · Elbit Systems · Baykar · STM · Rheinmetall · Thales · L3Harris · Saab · Leonardo

defensedronesloitering-munitionseuropepolandb2g