Danish/Lithuanian unmanned aerial vehicle (UAV) manufacturing company MNP Technologijos, operating under the brand name Monopulse, has signed a €1.12 million financing agreement with the national development bank ILTE.
The loan was issued under ILTE’s Billion for Business programme, aimed at fostering the development of high value-added products, digitalisation, and growth in the defense industry. It will be used to expand production capacity in the strategic defense sector and to fulfill existing orders for customers in Lithuania and abroad.
Pour en savoir plus : As conflict reshapes defence priorities, drone developer Monopulse receives €1.12 million to expand NATO-grade UAV capacity
