Destinus is raising €200M ahead of an IPO. The cruise missile maker wants a €5B valuation.

Destinus, the Netherlands-headquartered defence startup that manufactures cruise missiles and autonomous drones, is in talks to raise approximately €200 million ahead of a planned initial public offering, Bloomberg reported on Friday, citing people familiar with the matter. The company is seeking a valuation north of €5 billion based on forecast annual revenues of roughly €500 […] This story continues at The Next Web