"The world's next missile house"
Estonian defense startup founded 2024, mass-producing the low-cost Mark I guided interceptor missile from commercial components.
Frankenburg Technologies is an Estonian defence technology company headquartered in Tallinn that designs and mass-manufactures guided interceptor missiles for air and missile defence. It was founded in 2024 by serial entrepreneurs Taavi Madiberk, who chairs the supervisory board, and Marko Virkebau, with Kusti Salm -- Estonia's former permanent secretary at the Ministry of Defence -- serving as CEO. The company's flagship product, the Mark I, is described by the company as the smallest and lowest-cost guided interceptor missile ever live-fired; it is built from commercially available components to enable rapid, low-cost mass production rather than the decade-long, high-cost development cycle typical of conventional defence procurement. Frankenburg states it took the Mark I from concept to live-fire testing in 13 months, and the system is designed to integrate across land, air and maritime launch platforms. In 2025 the company conducted live-fire demonstrations of the Mark I and worked with Airbus on autonomous-drone interception trials. Frankenburg opened a production facility in Riga, Latvia, which it describes as one of the first affordable mass-production missile factories in Europe, with a stated target capacity exceeding 100 missiles per day at each planned manufacturing site; the company has announced expansion into the United Kingdom, Germany, Lithuania, Poland and Denmark, including a March 2026 agreement with Polish state defence group PGZ to build an anti-drone defence plant in Poland. In July 2025, Frankenburg signed a memorandum of understanding with UK defence group Babcock and the UK's Advanced Capabilities and Underwater Acquisition organisation (ACUA) to jointly develop maritime counter-drone air-defence systems. The company closed a 30 million euro Series A funding round in March 2026, led by Plural, co-founded by Wise's Taavet Hinrikus, bringing total raised capital to roughly 40 million euros; investors also include the Estonian state-backed SmartCap Defence Fund, which contributed 7 million euros. Frankenburg positions its mission around correcting the cost asymmetry of modern drone and missile warfare, where inexpensive, mass-produced aerial threats can be built faster and cheaper than the interceptors historically used to stop them. The company can be reached at [email protected] and maintains a careers portal at careers.frankenburg.tech.
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Contact Frankenburg Technologies
WEBSITE
https://frankenburg.tech/HEADQUARTERS
Estonia
Company Facts
Founded
2024
Primary Role
Manufacturer
Company Size
employees 10-50
Primary Region
Europe
Annual Sales
-
Funding Stage
Early-Stage VC
Funding Total
-
Keywords
Frankenburg Technologies has signed a Memorandum of Understanding with Babcock International and ACUA Ocean Technologies to develop integrated maritime counter-drone air defense systems. This collaboration aims to address the increasing threat of uncrewed aerial systems in naval environments by combining Frankenburg's low-cost interceptor missile technology, Babcock's defense engineering expertise, and ACUA's autonomous surface vessel platforms. The partnership is significant as it reflects growing concerns among defense organizations regarding the proliferation of low-cost attack drones, which have proven effective in recent conflicts. Traditional air defense systems are often costly, creating a demand for more affordable interception technologies. The integrated solutions being developed will focus on detecting, tracking, and defeating hostile drones in maritime settings, enhancing the protection of naval vessels and critical infrastructure. Looking ahead, the collaboration aims to deliver scalable and cost-effective counter-UAS solutions that can be rapidly deployed and easily integrated into existing defense networks. No further timeline was disclosed at the time of publication.
InterestingEngineering.com Jul 23, 2026 Military