Frankenburg Technologies raises EUR 30M Series A for missile production
Frankenburg Technologies completed a EUR 30 million Series A led by Plural, with SmartCap participating, to build sovereign European missile-manufacturing capacity.
Evidence notes
- 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 allocated to production capacity, component inventories, rocket-motor and warhead facilities, engineering, safety and export-control teams.