Home 🇩🇰 Monopulse secures €1.12 million financing from Ilte

🇩🇰 Monopulse secures €1.12 million financing from Ilte

We have secured €1.12 million in financing from ILTE Lietuva to expand our UAV production capacity within the strategic sector.

This support enables us to fulfill current orders for customers in Lithuania and internationally.

According to founder Justas Poderys, the war in Ukraine highlighted the importance of being technologically agile on the modern battlefield, but the biggest challenge now lies in the pace of technological development and production capacity.

We’re grateful for the trust and partnership of ILTE Lietuva as we accelerate growth and innovation in this critical market.

Originally published on 10 November by Monopulse.

Announcements are published as a service to readers. The sender is responsible for all content.

Announcements for publication can be submitted to [email protected].

Country

denmark

Enjoy reading Arctic Today?

At Arctic Today, we strive every day to bring you reliable information on one of the world’s most dynamic and rapidly changing regions. Independent journalism ensures that stories about Far North communities, businesses, and governments are told without fear or favor. Your support helps us continue our important mission. Become a supporter today and join us in getting the word out on this vital region. Together, we can ensure that the Arctic story is told accurately and responsibly. Arctic Today is a U.S. non-profit organization. Donate to support Arctic Today here.