Mips AB: Business Overview, Financials & Competitive Analysis
Mips AB is a Sweden-based company specializing in helmet safety and brain protection, offering its MIPS Brain Protection System (BPS) that protects against rotational motion transferred to the brain from angled impact...
Cyborg Score thesis
Specialized technology leader in helmet safety with recurring revenue model through partnerships with major global helmet...
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Pro stress-test →Mips AB is a Sweden-based company specializing in helmet safety and brain protection, offering its MIPS Brain Protection System (BPS) that protects against rotational motion transferred to the brain from angled impacts to the head. More than 40 helmet brands use the technology, including Bell, Fox Head, Giro, Scott, Smith and Trek.
Strategic Profile
Pro stress-test →The company operates as an ingredient brand, offering its product to existing helmet manufacturers rather than manufacturing their own helmet models. Its BPS technology is implemented across sport helmets (bike, snow, equestrian, team sports), moto helmets (on-road and off-road), and safety helmets for construction, manufacturing, mining, oil industries, military, police and rescue services.
Competitive Landscape
Pro stress-test →Mips operates in the specialized helmet safety technology space with limited direct competitors due to its patented brain protection system. The company's competitive advantage lies in its technology differentiation and extensive partnerships with established helmet manufacturers including industry leaders Bell, Giro, and Fox Head.
Industry Context
Mips AB operates in Helmet Safety & Personal Protective Equipment Technology.
Key facts
Founded: 1996 · Headquarters: Täby, Sweden · Employees: 111