European Sovereignty Monitor

Defence and space

Frankenburg Technologies raises EUR 30 million to mass-produce interceptor missiles

Estonian defence start-up Frankenburg Technologies closed a EUR 30 million Series A, led by Plural with Estonia's state-backed SmartCap, to build mass-production sites for its Mark I interceptor missile in the UK and Germany.

Verified Frankenburg Technologies, 24 February 2026

What it does not test. Does not establish that any production site is yet operating or that a government has ordered the missiles; the capital funds construction of manufacturing capacity, not a delivery.

How this item counts. Towards autonomy: it changes who made the parts. Binding 2 of 3 (agreed or funded), scale 1 of 3 (small), Verified counts in full: weight +2 of 36 possible. €30m Series A funds new EU interceptor-missile production sites, not yet operating. European Sovereignty Index

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