Destinus secures €50 million Commerzbank financing, bringing total capital raised to nearly €400 million

By Martin Chomsky (Defence Industry Europe)

Destinus has secured a €50 million commercial bank financing facility from Commerzbank, marking its first such facility and supporting the next phase of industrial expansion across Europe. The funding complements €140 million in recently completed convertible instruments and shareholder loans, adding to more than €200 million in previously raised equity.
Photo: Destinus.

Destinus has secured a €50 million commercial bank financing facility from Commerzbank, marking its first such facility and supporting the next phase of industrial expansion across Europe. The funding complements €140 million in recently completed convertible instruments and shareholder loans, adding to more than €200 million in previously raised equity.

 

Together, the latest financings bring Destinus’ total capital raised to nearly €400 million to date. Headquartered in the Netherlands, the company employs around 750 engineers and specialists across Europe and combines AI-driven engineering, vertical integration and large-scale production.

 

 

The new capital will be used to expand production lines, integration facilities and testing infrastructure to supply scalable and cost-efficient autonomous systems. Destinus said this will reinforce European defence readiness and strengthen sovereign industrial capacity across allied nations.

Mikhail Kokorich said: “Securing this facility is an important milestone for Destinus and a strong signal of confidence in Europe’s ability to build high-performance autonomous flight systems at scale.” He added: “It reinforces our production roadmap and accelerates the industrialization of our platforms for European and allied customers.”

 

 

Commerzbank’s participation reflects growing institutional confidence in Destinus’ ability to deliver defence capabilities at meaningful industrial volumes and support long-term European industrial resilience. Rothschild & Co and CLEAR acted as financial advisers to Destinus across the financing transactions.

 

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