Ingvar Parnamae
Ingvar Pärnamäe is an Estonian defense-technology executive who spent 14 years in senior Estonian Ministry of Defence and defense-industry roles before co-founding Vegvisir, a Tallinn-based maker of mixed-reality situational-awareness systems for armored vehicles.
Pärnamäe holds a degree in human geography from the University of Tartu and became Estonia's youngest-ever MP at 21 (Riigikogu, 1999-2002). He spent 2002-2016 at the Estonian Ministry of Defence, rising through roles including Head of Procurement, a defense advisor posting in Kabul, and finally Undersecretary for Defence Investments / National Armaments Director (2011-2016), overseeing procurement, infrastructure, and defense-industry R&D policy. He then led the Estonian Defence and Aerospace Industry Association (2016-2018) and served as CEO of defense robotics/logistics firm Milrem LCM (2018-2021). In 2021 he co-founded Vegvisir (originally Defensphere OÜ), building a mixed-reality situational-awareness system for armored-vehicle crews; the company has since expanded into a broader multi-domain command-and-control platform and raised funding from Iron Wolf Capital in 2026.
Overview
- Role
- CEO & Co-Founder, Vegvisir
- Based in
- Tallinn, Estonia
- Prior experience
- Estonian Ministry of Defence (Undersecretary for Defence Investments; National Armaments Director), Estonian National Security Authority (head), Estonian Defence and Aerospace Industry Association (CEO), Milrem LCM (CEO; 2018-2021)
- X / Twitter
- x.com/iparnamae
Affiliated funds0
No linked records yet.
Frequently asked
- Who is Ingvar Parnamae?
- Pärnamäe holds a degree in human geography from the University of Tartu and became Estonia's youngest-ever MP at 21 (Riigikogu, 1999-2002). He spent 2002-2016 at the Estonian Ministry of Defence, rising through roles including Head of Procurement, a defense advisor posting in Kabul, and finally Undersecretary for Defence Investments / National Armaments Director (2011-2016), overseeing procurement, infrastructure, and defense-industry R&D policy. He then led the Estonian Defence and Aerospace Industry Association (2016-2018) and served as CEO of defense robotics/logistics firm Milrem LCM (2018-2021). In 2021 he co-founded Vegvisir (originally Defensphere OÜ), building a mixed-reality situational-awareness system for armored-vehicle crews; the company has since expanded into a broader multi-domain command-and-control platform and raised funding from Iron Wolf Capital in 2026.
- What is Ingvar Parnamae's role?
- Ingvar Parnamae is CEO & Co-Founder, Vegvisir, based in Tallinn, Estonia.
- Where did Ingvar Parnamae work before?
- Ingvar Parnamae's prior roles include Estonian Ministry of Defence (Undersecretary for Defence Investments; National Armaments Director), Estonian National Security Authority (head), Estonian Defence and Aerospace Industry Association (CEO), Milrem LCM (CEO; 2018-2021).
Sources & citations3
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Ingvar Parnamae, former Estonian MoD Undersecretary for Defence Investments and National Armaments Director, co-founded and leads Vegvisir
Vegvisir: About UsVerified2026-08-02 - 2
Ingvar Pärnamäe's Estonian Ministry of Defence career: procurement, Kabul defense advisor, National Security Authority, Undersecretary for Defence Investments
Estonian Ministry of Defence: Ingvar Pärnamäe to be next Undersecretary for Defence InvestmentsReported2016-01-01 - 3
Ingvar Pärnamäe, former head of the Estonian Defence Industry Association, became CEO of Milrem LCM effective 1 July 2018
Milworks (formerly Milrem LCM): Kaitsetööstuse liidu juht Pärnamäe hakkab Milremi tegevjuhiksVerified2018-07-01