Frankenburg Technologies Timeline

Events

• 2026-06-23 - Facility Opening - Frankenburg Technologies opens Riga missile assembly factory - The site covers about 1,000 square meters and is expected to employ up to 50 people. Frankenburg targets 1,500 missiles in 2026 and capacity of up to 100 missiles per day by end-2026 across the Latvian FieldFoundry system. The factory handles missile… - source: frankenburg.tech
• 2026-06-16 - Partnership - Milrem Robotics and Frankenburg partner on mobile counter-UAS interceptor capability - The collaboration combines Frankenburg’s Mark I interceptor with Milrem unmanned ground platforms. The cooperation targets distributed short-range air defence against drone threats. The MoU includes joint trials, demonstrations, industrial cooperation and… - source: frankenburg.tech
• 2026-02-24 - Funding - Frankenburg Technologies raises EUR 30M Series A for missile production - The financing brings Frankenburg Technologies' disclosed funding to EUR 40 million. The company plans distributed European production for affordable, mass-manufacturable air-defence interceptors aimed at countering drones and other aerial threats. Capital is… - source: tech.eu