Mips AB

Mips AB is a company that specializes in helmet-based safety and describes itself as a world-leader in this area. It sells its products to helmet manufacturers who implement its technology, operating on an ingredient brand model under which the Mips® safety system is sold to the global helmet industry. The solution is patented in all relevant markets and is based on 25 years of research and development together with the KTH Royal Institute of Technology and the Karolinska Institute in Stockholm, Sweden. The Mips® safety system is designed to add protection in helmets against rotational motion, and its main component is the Mips low friction layer, which imitates the brain's own protection system and enables relative motion between the head and the helmet. The company's history traces to 1995, when Swedish brain surgeon Hans von Holst, working at the Karolinska Institute in Stockholm, began examining how standard helmets were designed, convinced that generally available helmets were not providing sufficient protection against brain injuries. He contacted KTH with a view to launching research into preventing head and neck injuries, which resulted in Peter Halldin commencing his doctorate on the biomechanics of injuries to the head and neck. In 1996 Hans von Holst and Peter Halldin presented their idea for the Mips solution. Mips is listed, with an IPO in 2017, and its corporate governance is based on the Swedish Companies Act, Nasdaq Stockholm's Rule Book for Issuers and the Swedish Corporate Governance Code.

The history of Mips traces to 1995, when Hans von Holst, a Swedish brain surgeon working at the Karolinska Institute in Stockholm, began examining how standard helmets were designed, as he was convinced that the helmets generally available were not providing sufficient protection against brain injuries. Hans von Holst contacted KTH (Royal Institute of Technology in Stockholm) with a view to launching research into preventing head and neck injuries, which resulted in Peter Halldin, a student at the institute, commencing his doctorate on the biomechanics of injuries to the head and neck. In 1996 Hans von Holst and Peter Halldin presented their idea for the Mips solution. During the same time period, Svein Kleiven was admitted as a PhD student and started work on developing what has become one of the finest FE (Finite Element) models in the world of the human brain; this model is a key research tool for Mips, as it makes it possible to visualize and measure the effects of the Mips safety system. The company's official website also references an IPO in 2017.

Ingredient brand model; the Mips® safety system is sold to the global helmet industry, and the company describes itself as a world-leader in helmet-based safety.

• Mips® safety system

  Designed to add protection in helmets against rotational motion; sold to the global helmet industry on an ingredient brand model.

• Mips low friction layer

  The main component of the Mips safety system, imitating the brain's own protection system and enabling relative motion between the head and the helmet.

1. 1Startmipscorp.com
2. 2The history of Mipsmipscorp.com
3. 3About Mipsmipscorp.com
4. 4Corporate Governancemipscorp.com
5. 5Mips ABwikidata.org