
Thales Group
Investments
17Portfolio Exits
13Partners & Customers
10About Thales Group
Thales Group (Euronext: HO) is a multinational company that designs and builds electrical systems and provides services for the aerospace, defense, transportation, and security markets. Thales Group was formerly known as Thomson-CSF. It was founded in 1932 and is based in Paris, France.

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Latest Thales Group News
Aug 23, 2023
The NCSIP “is a big step toward establishing how the U.S. intends to approach the resources, responsibilities and requisites for effective nationwide cybersecurity moving forward,” says Todd Moore, vice president of encryption products at Thales Group. Within the five pillars, “we’re seeing a strong focus on defending critical infrastructure, disrupting cybercriminals, shaping market forces to drive security and resilience, investing in a secure future, and forging international partnerships to elevate the global security ecosystem,” Moore says. In calling for closer coordination between government and the private sector, the plan “signals accountability for not only federal agencies but also industry doing business with agencies,” says Alice Fakir, lead partner for federal security services at IBM . “That accountability translates into the agency’s ability to better define scope of delivery and engagement with its industry partners.” Security Audits and Public-Private Partnerships Are a Start While the NCSIP isn’t a blueprint for agencies, they can still take a few steps to get moving, Moore says. For starters, agencies can run security audits to evaluate the effectiveness of their existing cyber measures and resources. “Once they have their baseline, they can work out how to be compliant with the NCSIP and establish new regulations and initiatives to combat threat actors,” Moore says. Agencies can also look to public-private collaborations to drive these efforts forward, internally and externally. “Agencies should focus on relationship building within the sectors they regulate,” Moore says. He points to the recent example of the Federal Energy Regulatory Commission , which incentivized cyber regulations for utility companies by permitting them to charge higher rates until they recoup their investments in the regulations. Agencies should also deploy tools for web vulnerability to better protect the average user from online threats.” Todd Moore Vice President of Encryption Products, Thales Group Finding Tech that Aligns with the Implementation Plan Agencies have a range of technology solutions and services available to them, including cyber advisory services , as they look to bolster their cyberdefenses in support of the NCSIP. Emerging cyber tools post-quantum cryptography and artificial intelligence are two key areas of interest, Fakir says. IBM has worked with the National Institute of Standards and Technology for the past six years to develop PQC algorithm standards that will be announced in 2024. “Agencies will need to adopt these standards as part of their ongoing IT modernization efforts creating crypto agility, meaning that their systems are designed and developed to allow for updates or changes in cryptographic algorithms,” Fakir says. Meanwhile, AI offers faster detection of and response to cyber incidents, helping to augment and raise operational capacity in the face of cyber talent shortages . Paired with automation tools, AI “can make a real difference in an agency’s ability to not only improve cyber resilience but to also increase efficiency and save costs,” Fakir says. “Relying on traditional tools and processes is no longer enough to protect against attackers that are growing more sophisticated and organized by the day.” Overall, the NCSIP creates an opportunity for agencies to lean harder into their IT modernization efforts. “Not enough agencies have moved away from the legacy technologies, which lack the appropriate security measures to protect vulnerable data,” Moore says. “As a first step, these agencies will need to transition to advanced technologies — artificial intelligence, machine learning, crypto agility — in order to stay engaged and aware of the latest efforts and threats over time.” Agencies must embrace industry-standard protections where they have not yet done so. Tools that support multifactor authentication , encryption, data security, backup and recovery , and cloud security will likely make their way to agencies as implementation ramps up, he adds. To the extent that the mission demands it, agencies must adapt to technologies such as anti-virus software, penetration testing , network security monitoring and intrusion alerts. Network security will be crucial to international relations. “Agencies should also deploy tools for web vulnerability to better protect the average user from online threats,” Moore says.
Thales Group Investments
17 Investments
Thales Group has made 17 investments. Their latest investment was in AIR as part of their Corporate Minority on October 10, 2022.

Thales Group Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/6/2022 | Corporate Minority | AIR | Yes | 1 | ||
7/29/2022 | Corporate Minority - P2P | Telit | Yes | 2 | ||
6/22/2022 | Series B | Airspace Link | $23M | Yes | 4 | |
3/31/2019 | Corporate Minority - P2P | |||||
9/13/2018 | Incubator/Accelerator |
Date | 10/6/2022 | 7/29/2022 | 6/22/2022 | 3/31/2019 | 9/13/2018 |
---|---|---|---|---|---|
Round | Corporate Minority | Corporate Minority - P2P | Series B | Corporate Minority - P2P | Incubator/Accelerator |
Company | AIR | Telit | Airspace Link | ||
Amount | $23M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 4 |
Thales Group Portfolio Exits
13 Portfolio Exits
Thales Group has 13 portfolio exits. Their latest portfolio exit was Thales Group - Internet of Things Business on October 19, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/19/2022 | Divestiture | Thales Group - Internet of Things Business | 1 | ||
9/8/2022 | Acquired - II | 2 | |||
7/29/2022 | Divestiture | Thales Group - IoT Business | 2 | ||
Date | 10/19/2022 | 9/8/2022 | 7/29/2022 | ||
---|---|---|---|---|---|
Exit | Divestiture | Acquired - II | Divestiture | ||
Companies | Thales Group - Internet of Things Business | Thales Group - IoT Business | |||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 | 2 |
Thales Group Acquisitions
22 Acquisitions
Thales Group acquired 22 companies. Their latest acquisition was Imperva on July 25, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/25/2023 | Private Equity | $77.16M | Acquired | 6 | ||
7/12/2023 | Acquired Unit | 3 | ||||
6/13/2023 | Acq - Pending | 6 | ||||
7/12/2022 | ||||||
5/17/2022 |
Date | 7/25/2023 | 7/12/2023 | 6/13/2023 | 7/12/2022 | 5/17/2022 |
---|---|---|---|---|---|
Investment Stage | Private Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | $77.16M | ||||
Note | Acquired | Acquired Unit | Acq - Pending | ||
Sources | 6 | 3 | 6 |
Thales Group Partners & Customers
10 Partners and customers
Thales Group has 10 strategic partners and customers. Thales Group recently partnered with Leonardo on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/20/2023 | Partner | Italy | A joint venture between Thales Alenia Space and Leonardo , Thales Alenia Space also teams up with Telespazio to form the parent companies ' Space Alliance , which offers a complete range of services . | 1 | |
7/5/2023 | Client | Sweden | The Swedish Defence Materiel Administration and Thales signed today an agreement for the delivery and installation of SMART-L Multi Mission Fixed long-range radars . | 1 | |
6/29/2023 | Client | Netherlands | Thales , a pioneer of Integrated Electronic Standby Instruments , has been selected by Airbus Helicopters to provide the third-generation IESI for its new civil and military helicopters : the H135 , H145 , H160 dual and H175.This new-generation IESI is specifically designed to meet the requirements of helicopter operations , and its environmental footprint is significantly smaller . | 2 | |
6/28/2023 | Vendor | ||||
6/22/2023 | Partner |
Date | 7/20/2023 | 7/5/2023 | 6/29/2023 | 6/28/2023 | 6/22/2023 |
---|---|---|---|---|---|
Type | Partner | Client | Client | Vendor | Partner |
Business Partner | |||||
Country | Italy | Sweden | Netherlands | ||
News Snippet | A joint venture between Thales Alenia Space and Leonardo , Thales Alenia Space also teams up with Telespazio to form the parent companies ' Space Alliance , which offers a complete range of services . | The Swedish Defence Materiel Administration and Thales signed today an agreement for the delivery and installation of SMART-L Multi Mission Fixed long-range radars . | Thales , a pioneer of Integrated Electronic Standby Instruments , has been selected by Airbus Helicopters to provide the third-generation IESI for its new civil and military helicopters : the H135 , H145 , H160 dual and H175.This new-generation IESI is specifically designed to meet the requirements of helicopter operations , and its environmental footprint is significantly smaller . | ||
Sources | 1 | 1 | 2 |
Thales Group Team
47 Team Members
Thales Group has 47 team members, including current Chief Executive Officer, Patrice Caine.
Name | Work History | Title | Status |
---|---|---|---|
Patrice Caine | Chief Executive Officer | Current | |
Name | Patrice Caine | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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