Estonia Invests Millions: Rocket Manufacturer Frankenburg to Build Factories
Estonia is investing seven million euros into the rocket manufacturer Frankenburg Technologies to boost production capabilities within the EU.
Estonia invested seven million in a domestic rocket manufacturer
Estonia has invested seven million euros in Frankenburg Technologies, a local rocket manufacturer, through the SmartCap National Defense Fund.
"Frankenburg Technologies" attracts 30 million euros to strengthen European missile manufacturing capabilities
Frankenburg Technologies has secured 30 million euros in funding to enhance missile manufacturing in Europe, led by the European venture capital fund 'Plural' and joined by Estonia’s state investment fund 'SmartCap'.
Estonian anti-drone missile begins battle tests in Ukraine
Estonia's Frankenburg is developing a new affordable anti-drone rocket, the Mark 1, set to be tested directly on the battlefield in Ukraine in 2026.
South Korean defense industry giant starts cooperation with Frankenburg
Hanwha Aerospace from South Korea has signed a cooperation agreement with Estonian company Frankenburg Technologies to develop counter-unmanned aircraft systems.