THEON

About THEON

THEON INTERNATIONAL is a leading developer and manufacturer of customizable night vision, thermal imaging systems, and Electro-Optical ISR systems for military and security applications in Europe, with a global presence. Established in 1997 in Greece, the company serves over 200,000 systems in 71 countries, including 26 NATO countries, and has been listed on Euronext Amsterdam since February 2024.

Products & Services

Night Vision Devices:Electro-optic systems using Image Intensifier Tubes (IITs) for detection and recognition under low light conditions. Includes monoculars, binoculars, sights, and in-line afocals for helmet, head, weapon-mounted, or handheld use.

Thermal Imaging Devices:Passive sensors capturing infrared radiation for operation in all lighting conditions. Offers a range of uncooled (sights, in-line afocals, periscopes) and cooled (binoculars) products tailored to user needs.

Platform-Based Optronic Systems:Vehicle and platform-based thermal imaging systems, including vehicle-mounted day-night cameras and thermal periscopes for surveillance and target acquisition.

Specific Products:Includes URANIA (Vehicle Mounted Day-Night Camera), THERMóN (Thermal Periscope), ARGUS (Multi-purpose Night Vision Monoculars), ARGUS PANOPTES (Advanced Modular Night Vision Binoculars), NYX (Dedicated Night Vision Binocular), DAMΩN (Clip-On Night Vision Devices), ARTEMIS (Night-Vision Stand Alone Sights), and THERMÍS (Thermal Clip-On and Stand-Alone Sights).

Additional Services:Optical and mechanical customized design, Integrated Logistics Support (ILS), and maintenance services.

Specialties

Night Vision Systems Thermal Imaging Systems Electro-Optical ISR Systems Military and Security Applications Platform-Based Optronics

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Rights Offering T: - FT: Rights Offering	A: 2995540 MR: - FA: 2,995,540.40 FAN: 2995540	D: 2025-12-16 FD: 2025-12-16	-
2	RT: Rights Offering T: - FT: Rights Offering	A: 150000000 MR: - FA: approximately €150 million FAN: 150000000	D: 2025-12-01 FD: 2025-12-01	2 investors
3	RT: Debt T: - FT: Debt	A: 330000000 MR: - FA: €300 million FAN: 330000000	D: 2025-10-09 FD: 2025-10-09	3 investors
4	RT: Share Placing T: - FT: Share Placing	A: 116003000 MR: - FA: Approximately 3.73 million shares at EUR 31.1 each FAN: 116003000	D: 2025-06-04 FD: 2025-06-04	-

Rights Offering Latest

2025-12-16

$3.0M

Rights Offering 2025-12-01

$150.0M

Debt 2025-10-09

$330.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

C

Christian Hadjiminas

CEO, THEON INTERNATIONAL

Recent News

THEON Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised