Polish defense electronics company building battlefield C4ISR systems, loitering munitions, and reconnaissance drones
Defense📍 Ożarów Mazowiecki, PolandFounded 1997
Current Valuation
Private
as of 2024-Q4
PRIVATE
IPO Outlookprivate
Is WB Group going public?
No. WB Group is private and has not filed to go public. There is no S-1 on file.
What is WB Group's valuation in 2026?
No confirmed valuation is on record for WB Group. The roster shows funding and investors where they are public; it does not estimate a mark.
Has WB Group filed an S-1?
No public S-1 is on file for WB Group.
Who are WB Group's investors?
WB Group's investors include Polish Development Fund (PFR), Warsaw Equity Group.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
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
HQ
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
Fundraising Status
Polish Development Fund (PFR) equity · $34M · 8y 9mo ago
privateTotal raised $34M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Polish Development Fund (PFR) equity
$34M
Nov 2017
Polish Development Fund (PFR)
—
Vertical Intelligence — Defense / Aerospace
No name-verified federal prime awards for WB Group in the last 36 months on USASpending.gov — revenue may be classified, flow through subcontracts, or be non-US. Absence of a registry match is reported as-is.
Checked usaspending.gov as of 2026-08-19. Re-checked weekly.
Talent Signal
No public careers page or job board could be found for WB Group as of 2026-08-17. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.
Founders & Key People
Piotr WojciechowskiAdam Bartosiewicz
Investors
Polish Development Fund (PFR) · Warsaw Equity Group
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.