Monopulse Raises €2 Mn+ to Expand Military Drone Production
Oct 13, 2026 | By Oliver Bennett

Danish-Lithuanian drone manufacturer MNP Technologijos, which operates under the Monopulse brand, has raised more than €2 million from investors in Lithuania and other countries.
SUMMARY
- Monopulse has raised more than €2 million from investors in Lithuania and other countries.
- The funding round included Coinvest Capital, Plug and Play, and NGL Ventures.
- The company will use the investment to increase production capacity, develop new technology, and expand into Scandinavian and other international markets.
The investors include Coinvest Capital, Plug and Play, and NGL Ventures. NGL Ventures’ angel investor group contributed €560,000 from 68 investors, making it the largest syndicate in the group’s history.
“We operate in a dynamic defence technology sector where technologies are evolving rapidly and customers demand secure manufacturing and resilient supply chains. This investment will enable us to scale our production capacity while ensuring that our customers receive our products quickly and on schedule,” says Justas Poderys, PhD, founder and CEO of Monopulse.
The funding will help the company increase production, develop new technology, and expand into Scandinavian and other international markets.
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Founded in 2021, Monopulse develops advanced surveillance and reconnaissance drones for NATO military forces. Its technology supports both aerial and water-based surveillance.
The company builds drones designed to work in challenging electronic warfare environments, where communication and navigation signals can be disrupted or blocked.
Monopulse combines aerospace engineering, electronics, sensors, computer vision, and artificial intelligence (AI) to develop drones that can maintain communication or operate independently when signals are lost. Its products include the Falcon MK3S drone platform, which supports intelligence, surveillance, reconnaissance, and other specialised missions, as well as the Hydrohex system.








