Destinus secures €50M, bringing total raised to nearly €400M

Destinus, a European aerospace and defence company, has secured a €50 million financing facility from Commerzbank, marking the company’s first commercial bank facility and supporting the next phase of its industrial expansion across Europe.

The Commerzbank facility complements €140 million in recently completed convertible instruments and shareholder loans, following the company’s earlier equity financing. Together, these new financings build on more than €200 million in previously raised equity, bringing Destinus’ total capital raised to nearly €400 million to date.

Headquartered in the Netherlands, Destinus is strengthening its role within the Dutch and broader European defense industrial base. With 750 engineers and specialists across Europe, the company combines AI-driven engineering, vertical integration, and large-scale production to design and manufacture autonomous systems and effectors at an industrial scale.

The new capital will accelerate the expansion of Destinus’ production lines, integration facilities, and testing infrastructure, enabling the company to supply scalable, cost-efficient autonomous systems that reinforce European defence readiness and strengthen sovereign industrial capacity across allied nations.

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

“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. It reinforces our production roadmap and accelerates the industrialisation of our platforms for European and allied customers,” said Mikhail Kokorich, Founder and CEO of Destinus. “We appreciate the trust placed in us by our lenders and investors, and we value the advisory support provided by Rothschild & Co and CLEAR across our financing activities throughout the year.”

Building on strategic steps taken earlier this year to strengthen its Dutch presence and expand UAV capabilities, Destinus continues to scale its European operations in line with its mission to develop autonomous flight systems at industrial scale. The latest financing supports this trajectory, enabling the company to accelerate execution across production, integration, and testing as it contributes to a more resilient European defence and security landscape.

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