Waselius advised MarshallAI (Kradient Intelligence Oy) on all aspects of its growth investment where Bittium plc acquired a 24.9% stake in MarshallAI.
MarshallAI is a Finnish pioneer in AI-based signal processing, offering unique software solutions, ready-made applications, and AI consulting for defence and security authorities as well as the manufacturing industry. The Nasdaq Helsinki listed Bittium specializes in the development of reliable and secure communications and connectivity solutions. This growth investment supports Bittium’s strategy and strengthens its capabilities in software-driven, AI-based solutions across all business areas, with a particular emphasis on defence and security technology.
MarshallAI and Bittium also entered into a cooperation agreement through which the companies will jointly develop AI-based solutions for Bittium’s product families. As part of the agreement, Bittium will support MarshallAI in commercializing its products and services and gaining broader visibility, especially in the defence technology sector.