– Strategic Plan Centered.
– Company’s best-ever performance: production value over 350M€, order volume 470M€.
– 50M€ investment in R&D: focus on Gcap, Unmanned Space and C-UAV and 10M€ in cyber R&D through contracts to Cy4Gate.
– Company growth: 180 new employees, new Naples headquarters, Saudi Arabian company starts operations.
– Cy4Gate: acquisition ca 80% of XTN and additional 15% of French Diateam.
– E4LIFE: 5M€ turnover, breakeven reached ahead of schedule.

“2024 has been a very important year for us, in fact we are in the middle of the most important growth
trend for our company. The volume of orders acquired was the highest in our history, we are growing
in Italy, with the increase in the number of employees and the opening of new locations, and
increasingly confirming our presence abroad. This means that the strategies identified
in the business plan were the right ones, and that our core business is proving to be central in the
multi-domain approach thanks also to the massive inclusion of new technologies including AI. Today
ELT Group is a solid company, looking to the future with optimism and with many projects in an
increasingly challenging and competitive defense market.” Domitilla Benigni, CEO & COO of ELT
Group talks about the company’s growth during 2024.

Download the full press release below