The Danish-Lithuanian drone manufacturer MNP Technologijos, known as Monopulse, secured over €2 million in a recent funding round. The investment round included participation from Coinvest Capital, Plug and Play, and NGL Ventures. Notably, the NGL Ventures angel syndicate contributed €560 000, marking its largest investment to date with 68 individual participants.
Founded in 2021, the company specializes in reconnaissance drones designed for NATO military forces. Its technology is engineered to function in electronic warfare environments where navigation and communication signals are frequently jammed. The product lineup includes the Falcon MK3S drone platform and the Hydrohex system, which utilize AI, computer vision, and sensor fusion to maintain autonomy.
The company currently employs 14 staff members, including researchers and former military personnel, and handles all core hardware and software development in-house. Its systems are already deployed by the armed forces of Lithuania and Denmark. The management plans to use the new capital to scale production capacity and accelerate expansion into Scandinavian and other international markets.
