Danish defense tech Monopulse secures €1.12M from ILTE to expand UAV production in Europe

Monopulse, a Pan European company, developing UAVs and software from the ground up to support critical tasks in any environment, has secured €1.12 million in financing from ILTE Lithuania to expand its UAV production capacity within the strategic sector, Verslo žinios reports. 

About Monopulse 

• Monopulse is a Copenhagen and Vilnius-based company founded in 2021 by engineers from the defense industry. It designs and manufactures unmanned aerial systems for government, military, and law enforcement applications. Working closely with end users, the company focuses on developing drones that meet specific operational requirements.

• Monopulse develops and manufactures NATO Class I (Mini) drones called Falcon, designed for surveillance and reconnaissance missions. The drones have a range of up to 15 km, are equipped with night vision, and feature communication systems that maintain control even in GPS-jammed environments. The Falcon operates without any connection to cloud services, ensuring that all recorded data remains stored locally on the aircraft.

Monopulse currently supplies its drones to Scandinavian and Baltic countries and is seeking new clients in Western Europe. The company also works closely with partners in Ukraine, whose battlefield experience helps refine its products. 

According to Monopulse CEO and Co-Founder Justas Poderis, the war in Ukraine has highlighted the importance of IT infrastructure in modern warfare, while the main challenge remains keeping pace with technological innovation.

Investment details 

The project received funding through ILTE Lithuania’s “Milijardas verslui” (“Billion for Business”) program, which supports the development of the defense industry and digital transformation.

ILTE is Lithuania’s national development bank providing financial services to local business, public sector, agriculture, and fisheries.

Monopulse will use to expand production capacity and fulfill orders in Lithuania and international markets.

Read more: “We’re building a monster”: Interview with NORDA Dynamics CEO on developing autonomous FPV drone systems in Ukraine