Danish-Lithuanian Drone Maker Monopulse Raises Over €2 Million
The funding will support UAV production, research and development, and expansion into new European defense markets.
Danish-Lithuanian drone manufacturer Monopulse, operating through MNP Technologijos, has secured more than €2 million in fresh investment to expand production capacity and strengthen its position in European defense markets.
The funding round was led by Coinvest Capital, with participation from NGL Ventures, Lithuanian Business Angel Network (LitBAN) investors and Plug and Play Ventures. The company plans to accelerate research and development while expanding into Scandinavia, Germany, France and the Netherlands.
Founded in 2021, Monopulse develops unmanned aerial systems for military reconnaissance and surveillance, including operations in environments affected by electronic warfare and GPS interference. Its systems are already supplied to NATO customers, including the Lithuanian and Danish armed forces.
Founder and CEO Justas Poderys said the investment will help the company scale manufacturing while maintaining reliable delivery schedules and secure supply chains.
Source: Monopulse (company press release, October 12, 2026)
