It says it will use the funding to build sovereign missile-manufacturing capacity in Europe
An Estonian defence startup building what it says are “affordable, mass manufacturable” missile defence systems has raised €30m in Series A funding.
Frankenburg Technologies, founded in 2024, is headed up by CEO Kusti Salm, the former permanent secretary of Estonia’s defence ministry.
The startup, which touts its sovereign credentials, says it was founded in response to a structural shift in Europe’s security environment, namely that modern…
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