What smart money is saying about Theon International
2 funds in our archive have pitched Theon International — most recently Amati Global Innovation Fund in July 2026.
Theon International Plc develops and manufactures customizable night vision, thermal imaging, and electro-optical ISR systems for military and security applications in Europe and internationally. The company offers night vision, thermal imaging, and fused and augmented reality devices; and monocular, binoculars, weapon sights, clip-on devices, and platform-based imaging systems. It also provides ISR optonics; border/coastal surveillance EO systems; and vehicle driver viewers/cameras. In addition, the company offers night vision spare parts and repair parts; logistics support and test article refurbishment; and warranty and maintenance services. Theon International Plc was founded in 1997 and is headquartered in Nicosia, Cyprus. Theon International Plc operates as a subsidiary of Venetus Limited.
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Position history
Every position in Theon International on record in the archive was reported in Q3 2026, across 1 fund letter — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 1 | 0 | 2 |
Fund activity · 1 position · 1 move
- New positionAmati Global Innovation FundJuly 2026
“WS Amati Global Innovation Fund July was a relatively busy month for the Fund in terms of new investment activity, adding two new names, both of which were solid net contributors out of the gate. Since we are at our maximum of 40 holdings, we needed to let two positions go in order to fund the new stocks, and these were French-listed electronic shelf label company, Vusion, and Japanese-listed laboratory services and genetic testing business, HU Group. In both cases, we continue to see an attractive runway of growth, but the competition for capital is intense, and the two new companies offer greater upside in our view. Chronologically, the first addition was Theon International, a Dutch-listed (but Greek- domiciled) defence technology company and a leading provider of augmented vision technologies.”
Theon International
Fund coverage · 2 theses
- Amati Global Innovation FundJuly 2026
Theon International makes augmented vision technologies for defence and is positioned to benefit from rising European defence spending and underappreciated strategic changes.
Read the full thesis - Amati Investment FundsJuly 2026
Theon International is a defence technology company benefiting from European rearmament and demand for augmented vision products.
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