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Daedalus was established and began its activity in December 1998 and it is the oldest company established within the UPM, from a programme of creation of technological companies also started in 1998, with the research vice-rector Mr José Ramón Casar.
The management team was initially constituted by José Carlos González, Juan Ramón Velasco and Luis Magdalena, professors of the UPM Escuela Técnica Superior de Ingenieros de Telecomunicación (School of Advanced Telecommunications Engineering).
Daedalus is formed as a public limited company of private capital that has incorporated people from the business world into its shareholders and management team.
From its foundation, Daedalus has been consolidated as a technological reference in different fields: language technology, data mining, Web technology and intelligence business.