Top 5 Military Vehicle startups

Jul 20, 2025 | By Bruce Makowsky

These companies develop military vehicles as well as hybrid propulsion systems, modular armor, situational awareness systems, autonomous driving technology and advanced communication networks for them.
1
Rheinmetall
Country: Germany | Funding: $1.1B
Rheinmetall manufactures battle tanks (Leopard, Panther), unmanned ground vehicles, complex air defence systems, advanced military surveillance systems.
2
Babcock
Country: Australia
Babcock International Group manufactures marine, nuclear, aviation, and defense products and provides development and engineering services.
3
Nexter
Country: France
Nexter develops a wide range of defense products in the fields of land combat systems, artillery (CAESAR), tanks (LECLERC), ammunition, weapons and robotics.
4
Otokar
Country: Turkey
OTOKAR is a manufacturing company that offers military vehicles.
5
Visionary Machines
Country: Australia | Funding: A$15.9M
Visionary Machines has Defence contract for Counter Drone and Robotic and Autonomous Systems (RAS) technology
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  See also:
Top 13 Military Logistics startups
Market Landscape for Military Startups
Top 10 Countries by number of Military Startups
Editor: Bruce Makowsky
Bruce Makowsky has covered military, cyber and IT news since 2009, with a focus on U.S. Navy and Marine Corps operations, acquisition programs and budgets. In particular he worked for Inside Defense. Bruce holds a Master of Science degree in journalism from Boston University. Bruce is also an award-winning photographer, renowned for his captivating images that have earned him numerous accolades and widespread recognition in the photography community. You can contact Bruce at makowsky(at)militarystartups(dot)com