Bittium Bittium (formerly known as Elektrobit) is a company that specializes in the development of secure communication and connectivity solutions. | Persistent Systems Persistent Systems is a company that specializes in wave relay mobile ad-hoc networking (MANET) technology. | ||
Founding Date | Founding Date 1985 | Founding Date 1978 | Founding Date 2007 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Oulu, FI HQ Espoo, FI Kajaani, FI Kuopio, FI Tampere, FI Ottobrunn, DE Ciudad De México, MX see more | Locations Linköping, SE HQ Sydney, AU Mississauga, CA Odense, DK Helsinki, FI Paris, FR Cologne, DE see more | Locations New York, US HQ Fort Collins, US Pinehurst, US |
Employees | Employees 511 | Employees 1,234 | Employees 389 |
Valuation ($) | Valuation ($) 245.2 m | Valuation ($) 5.3 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) €119.3m (FY, 2025) | Revenue (est.) kr3.2b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods €31m (FY, 2025) | Cost of goods kr441.7m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit €92.5m (FY, 2025) | Gross profit kr3b (FY, 2025) | Gross profit N/A |
Net income | Net income €21.3m (FY, 2025) | Net income kr563.4m (FY, 2025) | Net income N/A |

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View companyPersistent Systems is a company that specializes in wave relay mobile ad-hoc networking (MANET) technology.
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