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Valeo

French automotive supplier selected by Harmattan AI to manufacture sovereign electric drone motors.

Valeo is a French global automotive technology supplier founded in 1923, headquartered in Paris and listed on the Paris Stock Exchange (CAC Next 20), with roughly 113,600 employees across 29 countries. In July 2026 Valeo was selected by defense-tech firm Harmattan AI to develop and produce, at a French site starting early 2027, electric drone motors built without heavy rare earths — Valeo's first drone-sector contract, framed around securing supply-chain sovereignty for French drone production.

Overview

Headquarters
Paris, France
Founded
1923
Employees
~113,600
Total funding
Stage
Status
public
Domains
Automotive supply, Drone motors

Founders0

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Investors0

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Cap table0

Approximate ownership by holder. Indexed holders link to their records.

No disclosed ownership for this round
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Frequently asked

What does Valeo do?
Valeo is a French global automotive technology supplier founded in 1923, headquartered in Paris and listed on the Paris Stock Exchange (CAC Next 20), with roughly 113,600 employees across 29 countries. In July 2026 Valeo was selected by defense-tech firm Harmattan AI to develop and produce, at a French site starting early 2027, electric drone motors built without heavy rare earths — Valeo's first drone-sector contract, framed around securing supply-chain sovereignty for French drone production.
Where is Valeo headquartered?
Valeo is headquartered in Paris, France and was founded in 1923.
What does Valeo specialize in?
Valeo works across Automotive supply, Drone motors.

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Sources & citations1

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  1. 1

    Valeo selected by Harmattan AI to develop and produce sovereign electric drone motors (no heavy rare earths) in France, production starting early 2027

    Valeo: Valeo has been selected by Harmattan AI to develop and produce in France a sovereign electric drone motor
    Verified2026-07-20