Joint production of cruise missiles and rocket artillery is set to launch later this year. Destinus hopes this will enable…
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Rheinmetall and Destinus to ‘bridge the gap’ with new joint venture – Resilience Media
The CEO of German defence prime Rheinmetall may have stepped out into the spotlight as an outspoken critic of Ukraine’s…
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Rheinmetall & Destinus Build Europe’s HIMARS Alternative
Rheinmetall has announced a partnership with Dutch aerospace company Destinus, known for supplying Ukraine with its Ruta cruise missile, to…
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Dutch DefenseTech startup Destinus adds €50 million bank financing as total capital raised approaches €400 million
Destinus, a Katwijk-based aerospace and defense company, has secured a €50 million financing facility from Commerzbank, marking the company’s first…
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Destinus secures €50M, bringing total raised to nearly €400M
The Commerzbank facility complements €140 million in recently completed convertible instruments and shareholder loans, following the company’s earlier equity financing.…
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Destinus Acquires Swiss AI Firm Daedalean For $223 Million To Enhance Drone Autonomy
In a dramatic twist amid Ukraine’s drone battles, Destinus is acquiring Swiss AI whiz Daedalean for $223M, promising navigation that…
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UAV Destinus acquires Daedalean in $225M deal to boost AI capabilities
Destinus Group today announced it has signed a binding agreement to acquire Zurich-based Daedalean, a leader in aviation AI solutions,…
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