PDKINEMATICS raises €2M for drone guidance technology (opens in new tab)

Lithuanian defence engineering firm PDKINEMATICS has secured €2 million in seed funding to advance its precision guidance technology for drones. This capital infusion co-led by Coinvest Capital and Iron Wolf Capital, along with contributions from defence-focused angel investors, will fuel the company's expansion in a rapidly evolving global drone warfare landscape. The investment underscores the increasing strategic importance of advanced drone capabilities for NATO allies and the European Un...