Frankenburg Technologies Raises €30M Series A to Build Europe's Next-Generation Missile Manufacturing Capacity
25 February 2026
Frankenburg Technologies, a pioneering European defence innovator, has successfully closed a €30 million Series A funding round led by Plural, with participation from SmartCap. This investment brings the company's total funding to €40 million and represents a critical step in addressing Europe's air defence shortages amid rising geopolitical tensions. The funding will primarily support the establishment of advanced missile manufacturing hubs in the United Kingdom and Germany, enabling rapid prototyping, development, and cross-site integration for next-generation missile systems.
The company's strategic focus is on developing affordable, mass-manufacturable missile interceptors designed for quick regeneration and deployment against low-cost aerial threats such as drones and unmanned aerial systems (UAS). This approach aligns perfectly with the needs of NATO allies facing asymmetric warfare challenges, providing a sustainable economic model for layered air defence architectures. By prioritising containerised, modular manufacturing concepts, Frankenburg aims to achieve unprecedented production rates of up to 100 missiles per day per site across two planned European facilities. Such scalability ensures supply chain resilience and schedule certainty during high-demand periods, a lesson learned from recent conflicts.
For UK and German defence contractors, system integrators, and subcontractors, this expansion opens significant business opportunities. Frankenburg's sovereign manufacturing model emphasises short, localised supply chains, inviting local engineering specialists to contribute to rocket motors, warheads, and long-lead components. This vertical integration reduces dependency on external suppliers and enhances industrial sovereignty, particularly vital as European nations ramp up procurement for short-range air defence systems highlighted in recent IISS reports.
Under the leadership of CEO Kusti Salm, a former Permanent Secretary of Estonia’s Ministry of Defence, the team boasts expertise from major programmes like Storm Shadow, Brimstone, SPEAR3, and IRIS-T. This pedigree enabled the rapid development of the Mark I short-range air-defence missile, progressing from concept to advanced testing in just 13 months. The Mark I is engineered for seamless integration with existing sensors, radars, and command-and-control systems, making it an ideal upgrade for current platforms without requiring costly overhauls.
Frankenburg's ambitions extend beyond counter-UAS to a full-spectrum portfolio, including air- and surface-launched precision munitions. Operating across eight European countries, the company is positioning itself as a key partner for government procurement agencies seeking scalable solutions. This funding milestone not only bolsters Europe's defence industrial base but also signals investor confidence in high-growth sectors like weapons and ammunition production. As B2B stakeholders evaluate partnerships, Frankenburg's model offers a blueprint for industrialised manufacturing that restores mass production capabilities to modern arsenals.
The initiative dovetails with broader European efforts to enhance NATO's Eastern flank capabilities, including short-range air defences and drone countermeasures. For technology providers and infrastructure suppliers, the establishment of these hubs promises long-term contracts in facilities development, energetics production, and testing infrastructure. This development is poised to drive innovation in radar, sensors, and communications integration, fostering a ecosystem where European firms can compete globally while meeting urgent operational needs.
In summary, Frankenburg's €30M raise is a game-changer for the defence sector, catalysing investments in critical manufacturing capacity and opening doors for collaborative ventures across the continent.