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Newsletters Ομίλου Quality & Reliability (QnR)

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Dear friends and partners,

Welcome to the April edition of the Quality & Reliability Group (QnR) Newsletter, in a year that has begun with strong momentum, a clear strategic direction, and an enhanced investment outlook.
2025 was a year of substantial transformation for the Group, laying the foundations for its evolution into an integrated Holistic Technology Ecosystem. Through targeted investments and acquisitions, the Group strengthened its position in high-growth sectors such as Artificial Intelligence, Cybersecurity, Enterprise Platforms, Digital Banking, and Maritime Technologies.
2026 marks the next stage of acceleration. The successful Share Capital Increase, which was oversubscribed by 118%, together with the Group’s entry into the fields of defence, maritime, and dual-use technologies through its investment in MTIS, confirms market confidence and positions the Group in sectors of strategic and geoeconomic significance.
Today, QnR is evolving into a fully integrated technology ecosystem of seven companies, QnR, SysteCom, SquareDev, Alexander Moore, MTIS , QnR FS, QnR Cyprus, delivering advanced capabilities across the full spectrum of high-value digital technologies and further strengthening its presence across the EMEA region.
On March 30, 2026, the Extraordinary General Meeting approved, by a strong majority, the share allocation and treasury share buyback program, a development that constitutes a clear vote of confidence by shareholders in the Group’s strategic growth plan and management team.


Strategic Growth Pillars 2026

1. Acceleration of International Growth & European Market Penetration

Strengthening the Group’s presence across Europe and the EMEA region, through active participation in European programs, including the European Defence Fund (EDF), and by leveraging the DIGITALEUROPE network to secure early access to strategic initiatives and funding pipelines.

2. Targeted Acquisitions & Portfolio Expansion

Two strategic acquisitions have been completed: one focused on Defence and Maritime, through the integration of MTIS – Maritime Technology Innovative Solutions, and one aimed at further European expansion, through the acquisition of 51% of the Belgian company Squaredev BV.

The Group continues to systematically identify and execute acquisition opportunities across European markets, with the objective of expanding its ecosystem and strengthening its capabilities in high-demand, high-margin sectors.

3. Strengthening of the Private Sector & Revenue Mix Shift

A strategic shift towards the private sector, with the aim of increasing its contribution to the Group’s overall revenue mix to 60–40 in favour of the private sector. This will be achieved by leveraging cross-selling synergies within the Group and the commercial momentum of the Holistic Technology Ecosystem.

4. Development of Defence, Maritime & Dual-Use Technologies

Positioning the Group in defence markets of high geostrategic importance through MTIS i-Platform© and SeaSmart™ — EU-sovereign, dual-use AI/IoT solutions with proven deployment on more than 350 vessels and within the Hellenic Navy. These solutions are further supported by strategic alliances and participation in leading European consortia.

We are moving into a new phase of growth and international expansion, building on strong foundations. With a clear strategy and strong focus on execution, we are accelerating the development of our ecosystem, strengthening our international presence, and creating the conditions for meaningful and sustainable value for our shareholders.

Thank You for Being Part of Our Journey
2025: The Year We Transformed
2026: The Year We Scale, Execute and Accelerate Growth
Kind regards,
The QnR Group Team
Innovation Hub
Interview with the CEO of QnR Group
NewMoney – February 14, 2026
In a recent NewMoney article titled “Five CEOs Answer: What Comes Next for the IT Market After the End of the RRF?”, QnR CEO Panayiotis Paschalakis shared the Group’s vision for the next phase of the technology market.
According to Mr. Paschalakis, the end of the funding cycle does not signal the end of opportunity, but rather the beginning of a new phase of expansion, where Artificial Intelligence, Cybersecurity and integrated end-to-end solutions will play a defining role.

QnR Engaging with Global Technology & Policy Leaders

As Artificial Intelligence, cybersecurity and digital infrastructure technologies gain increasing geostrategic importance, QnR actively participates in the international dialogue shaping the future of the digital economy.
In recent months, the Group’s leadership has taken part in major international events across technology, investment and security policy.

🇫🇷 Paris
Greek Investment Day
29 January 2026
QnR presented the Group’s growth strategy at Greek Investment Day in Paris to an international audience of investors and institutional stakeholders.
The event provided an important opportunity to highlight the Group’s growth trajectory and its strategic positioning within the European technology landscape.
🇩🇪 Munich
Munich Security Conference 2026
13–15 February 2026
QnR Group participated in the Munich Security Conference 2026, one of the world’s most influential forums addressing security, geopolitics and emerging technologies.
This participation strengthens the Group’s strategic presence in the global dialogue surrounding AI, cybersecurity, defence technologies and critical digital infrastructure.
🇧🇪 Brussels
Masters of Digital 2026
25-26 February 2026
QnR participated in Masters of Digital 2026 in Brussels, Europe’s leading policy and industry gathering for Artificial Intelligence, cybersecurity and critical digital infrastructure.
This presence reinforces the Group’s role in the European dialogue on technological sovereignty, digital strategy and next-generation technologies.

🇬🇷 Athens
European Defence Tech Hackathon
27 February - 1 March 2026
MTIS participated in the European Defence Tech Hackathon, held under the auspices of the Hellenic Ministry of National Defence.
The event brought together more than 180 defence experts and technology leaders from across Europe, aiming to jointly develop solutions addressing modern security challenges.
Strengthening Our Technology Ecosystem
MTIS joins the QnR Group

The acquisition of 51% of MTIS strengthens the Group’s strategic expansion into maritime intelligence, defence technologies and mission-critical digital systems.

MTIS develops advanced solutions in IoT, sensor fusion and autonomous maritime systems, with applications across shipping, defence and critical infrastructure.
Key Milestones of MTIS
  • Member of the AUTOMEDON Consortium – participation in the HCDI tender process for the development of USV vessels.
  • Strategic cooperation with FORUM OCEANO – the official managing body of the Portuguese Sea Cluster – for participation in the tender process for the upgrade of the Portuguese Navy frigates. The final invitation for the installation of the i-Platform© on the organisation’s simulators is expected by the end of April.
  • Board Member of Strategis – Maritime ICT Cluster.
  • Official member of the EU Defence Innovation Scheme (EUDIS) Defence Matchmaking Community.
  • Member of the Hellenic Aerospace Industry consortium in the HCDI (Hellenic Center for Defence Innovation) tender process for the development of a cargo transport UAV.
  • Agreement with Pulsar International – a global leader in satellite telecommunications and digital solutions for the maritime sector – for the installation of the MTIS i-Platform© and SeaSmart™ across its international client base.
Strategic Partnership
QnR Financial Services joins the
TCS BaNCS Partner Ecosystem
QnR Financial Services has joined the global TCS BaNCS partner ecosystem, further strengthening the Group’s capabilities in banking and insurance technology solutions. 
Through this collaboration, QnR leverages its strong presence in Greece and Cyprus, along with deep expertise across banking, capital markets and insurance, to deliver advanced digital transformation solutions. 
TCS BaNCS
 is one of the world’s leading core banking platforms, supporting organizations managing over one billion accounts worldwide.
Strategic Insights from our Experts
AI • Cybersecurity • Data Sovereignty
At QnR Group, we support organizations entering the next phase of digital transformation - where Artificial Intelligence, Cybersecurity and Data Governance are increasingly interconnected strategic priorities.
Our specialists share insights on the technological developments shaping Europe’s evolving digital economy.
AI Agents in the Enterprise
From Automation to Intelligent Workflows
AI agents are transforming how organizations operate, evolving automation from simple routines into intelligent workflows.
In the following article, Stavros Theocharis, Head of Artificial Intelligence at Squaredev, explains how organizations combine AI agents and enterprise automation to accelerate decision-making and optimize operations.

EU Data Act & Data Sovereignty
Cybersecurity in the New Digital Order
The EU Data Act is reshaping the way data is governed and utilized across Europe.
Discover how this evolving regulatory landscape raises strategic questions around data governance, cloud portability and cybersecurity resilience, in an analysis by Nikos Niskopoulos, Chief Operations Director at SysteCom.
Autonomous Maritime Systems
The Next Frontier of Defence Innovation
In this strategic perspective, George Marinakis, CEO of MTIS, explores the global evolution of autonomous maritime systems and the growing role of Greece in the development of defence-grade maritime technologies.

 

The webinar held on April 1, which was specifically designed for Alexander Moore clients, was the fourth strategic webinar organised by the Group in recent months, as part of a targeted approach to inform and engage its client base around QnR’s Holistic Technology Ecosystem.
Through this strategic cross-selling initiative among the Group’s companies, the value of combined solutions was demonstrated in practice, confirming that cybersecurity, efficiency, and the use of artificial intelligence are now critical business priorities, while further strengthening the positioning of SAP Business One as an integrated decision-making platform.

Strategic Partnership
QnR Group – Alexander Moore – University of the Peloponnese
Developing the Next Generation of Digital Talent
SAP Business One Training:
From Theory to Practical Experience
QnR Group, through Alexander Moore – SAP Partner, in collaboration with the University of the Peloponnese, is launching a specialized training program focusing on modern ERP platforms and the practical application of SAP Business One in real business environments.
Participants will gain both theoretical knowledge and hands-on experience through real business scenarios.
 
Upon completion, participants will receive a Certificate of Professional Training issued jointly by the University of the Peloponnese and Alexander Moore – SAP Partner, along with the opportunity for internships within the QnR Group, gaining practical experience in real technology and enterprise projects.
Start Date: 11/5/2026              
Applications: until 22/4/2026
Group Companies

 
Public and Private Sector
Digital Transformation & Custom Software Development 

 

 
Enterprise AI Systems, Autonomous Agents, GenAI copilots, multimodal AI, and large-scale

 

 
Cybersecurity
& Infrastructure
Solutions  

 

 
One of the leading
SAP partners for SAP B1
in the region  

 

 
Maritime Technology  IP  Solutions, IoT Dual-use,  Digital Twin, ML and AI-driven automation.

 
FINTECH
& Banking Center

of Excellence (CoE)
 
In the Media

QnR: The MTIS acquisition bridging maritime technology with defence and security

QnR Group acquires 51% of MTIS S.A. – entering the maritime and dual-use technology sector

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