Monopulse raises over €2M to advance electronic warfare-resistant drones
AI Summary
Danish-Lithuanian Unmanned aerial vehicle manufacturer MNP Technologijos, operating under the Monopulse brand, has raised over €2 million from investors in Lithuania and abroad. Investors included Coinvest Capital, Plug and Play, and NGL Ventures, whose angel syndicate contributed €560,000 from 68 investors, its largest syndicate to date. Founded in 2021, Monopulse develops advanced reconnaissance drones for NATO militaries, and its technology covers both aerial and water-based surveillance.
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