Rheinmetall and Destinus to establish joint venture for scalable missile production in Europe from 2026
The German defence company Rheinmetall and Destinus have agreed to form a joint venture focused on missile systems.
The German defence company Rheinmetall and Destinus have agreed to form a joint venture focused on missile systems.
Shield AI and Destinus have completed a rapid autonomy integration campaign on the Destinus Hornet platform, successfully validating flight tests in Segovia, Spain.
The Dutch defence company Destinus has presented the Ruta Block 2, a lightweight cruise missile developed as an evolution of an earlier version already used by Ukraine.
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.
Shield AI and Destinus have announced a strategic partnership to integrate Hivemind, Shield AI's mission autonomy software, across Destinus' aerial platforms.
Destinus Group BV has announced a binding agreement to acquire Swiss aviation AI specialist Daedalean AG for CHF 180 million (approximately USD 225 million).
The initial focus of the partnership will be the 'RUTA' long-range missile, the first Low-Cost Missile (LCM) drone developed by Destinus.
Destinus, a leading European aerospace and defence technology company, has acquired key assets, technology, and personnel from Aerialtronics, a Dutch specialist in multicopter UAV platforms.
European start-up Destinus has conducted tests of an unmanned demonstrator of the Jungfrau technology (Destinus-1) with hydrogen-powered afterburners.
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