Armatech, Defensor and the police stun guns: the supplier, the owners and former ÖB on the board

The article about police taser guns is about the medical and legal risks of the weapon. This related review looks instead at the supplier ranks: Armatech, Axon, Defensor Group, Flat Capital, and the government-related people on the group's board and business environment.

The premise is simple: when a company sells or distributes violent devices, body cameras, ballistic protection or other security technology to police, military and other government agencies, it is not enough that the product works technically. The public also needs to be able to see who owns the supplier ranks, what previous government top positions exist around the company and how government networks are managed

in procurement.

What is coated?

The following information can be found in open sources:

• ArmaTech and Axon: Armatech announced in 2022 that the company, together with Axon, had been awarded a multi-year framework contract to supply TASER 7 with accessories to Swedish law enforcement, the Riksdag Administration and the Swedish Armed Forces.
• Norway: Armatech has also publicly announced that the company, together with Axon, has won a multi-year TASER contract for Norwegian police, including TASER 7, Evidence.com and VR training solution.
• Defensor deal: Defensor and Flat Capital announced in 2025 that Flat invested approximately SEK 458 million in Defensor and became the largest owner/majority shareholder with approximately 62.5 percent.
• Armatech and SAFE4U: Defensor simultaneously acquired 70 percent of the shares in Armatech and SAFE4U.
• Jonas Jägerbring: Defensor states that Jonas Jägerbring is the founder of Armatech, became a shareholder in Defensor together with Armatech co-founder Stefan Fröman and took a seat on Defensor's board of directors.
• SAFE4U: SAFE4U describes itself as a manufacturer of ballistic protection and helmets for police, military and special forces. The company also writes that products are sold to government agencies and are subject to regulations on armaments.
• Sverker Göranson: Defender's own website lists Sverker Göranson as a board member and describes him as a general (ex-) and former Supreme Commander of Sweden from 2009 to 2015.

What do the companies do?

Armatech describes itself in Defensors and Flats materials as a Nordic system supplier and partner to world-leading manufacturers in the defense and security sector. In Armatech's own news, the AXON collaboration is clearly visible through TASER 7 agreements and product environments that also include digital evidence and camera technologies

.

SAFE4U develops and manufactures ballistic protection, helmets, plate carriers and protective plates. SAFE4U writes that the company sells to government customers and that customers are normally such authorities as defense, police, emergency services and other actors with special needs

.

Defensor Group describes itself as a Swedish defence industry group that will invest in and develop innovative solutions in defence and security. The group says it wants to bring together entrepreneur-driven companies into a larger structure that can handle larger orders, create synergies

and meet customer needs.

Ownership: Flat Capital and the Siemiatkowski sphere

Flat Capital is listed as Defensor's principal owner. Flat was founded in 2013 by Nina and Sebastian Siemiatkowski, the entrepreneurs behind Milkywire and Klarna. Defensor's and Flats's materials show that Flat invested approximately SEK 458 million in Defensor for approximately

62.5 percent ownership.

Flat Capital's portfolio or historical portfolio ties together different types of assets: Klarna, Defensor and global tech companies such as OpenAI, SpaceX, Perplexity, ElevenLabs and Cerebras have appeared in Flats's own portfolio communications. This does not mean that Klarna owns Defensor or that these portfolio companies own each other. The coated coupling is the Flat Capital/Siemiatkowski sphere as owner or investor

.

Why is former ÖB on the board a matter of scrutiny?

The

fact that a former ÖB sits on the board of a defence and security company is not in itself impermissible. It is common for the defence industry to recruit people with military and government experience. It can provide relevant knowledge of operational needs, doctrine, organization and

requirements setting.

But for this very reason, there is also a legitimate public question: when companies sell to or near state authorities, how to ensure that previous authority peaks do not become an undue channel into procurement, requirements or informal influence?

There is no evidence in the sources I have reviewed that Sverker Göranson, Defensor, Armatech, Flat or SAFE4U acted improperly in any Swedish procurement. What can be said is something else: the structure creates a clear potential issue of interest and trust. A former ÖB member of the Board of Directors provides the company with symbolic and practical government capital. When the same group environment targets police, military, special forces and other agencies, transparency should be high

.

Risks that should be made visible

The possible problems are mainly governance and transparency problems, not alleged crimes:

• Revolving door risk: former senior executives can bring networks, knowledge of the internal needs and legitimacy of the authorities into a commercial company.
• Information asymmetry: a company with deep government knowledge can understand upcoming needs, languages and requirements better than competitors.
• Trust risk: the public may perceive companies close to public authorities as benefiting even if the procurement is formally correct.
• Requirement risk: if previous government representatives influence how needs are formulated in the industry, a product category can be normalized before it is widely discussed democratically.
• Technology lock-in: The Axon/Taser environment isn't just hardware. It can include accessories, software, cloud-based evidence management and training systems, making supplier choices more protracted than a one-off gun purchase.
• Direction of capital: Flat describes Defensor as a larger and more active defense investment. It places police and defence technology in an investment logic where growth, acquisitions, future IPO and government contracts can interact
.

Why is this associated with police stun guns?

Police taser guns aren't just a matter of volts, pain and medical risk. The weapon is part of a broader supplier environment where Axon sells violence aids, body cameras, digital evidence management and training solutions internationally. Armatech's public AXON collaborations in Sweden and Norway show that Swedish suppliers can play an important role in the Nordic

government market for such technology. With

the use of stun guns rising sharply and the ranks of suppliers simultaneously coming together in a defence industry group with Flat as the main owner and former ÖB on the board, the procurement issue should be scrutinised as closely as the use of force itself. Not because there is evidence of corruption, but because a democratic monopoly of violence requires more than formal correctness: it requires visible boundaries between state power, former state top roles,

and private defense/security capital.

Sources

• Defensor Group: An Industry Group for a New Generation of Defence and Security Companies
• Defensor Group: About us
• Flat Capital/MFN: Flat invests SEK 458 million in Defensor
• Defensor/Safe4U: New investors in the Nordic defence industry
• SAFE4U: Sobre el empresa
• SAFE4U: Munitions and authority customers
• Armatech: TASER 7 framework contract with Axon
• Armatech: Taser contract with Norwegian police