Startup · Netherlands
Destinus
HQ Katwijk, NetherlandsFounded 2021501-1000 employees
Destinus is a European defense manufacturer with a particular focus on scalable strike and air defence systems for European and allied armed forces. Interceptors, cruise systems, deep strike missiles for layered defence.
Funding6 rounds · ~$193M
- Equity raised
- ~$193M
- Debt, secondaries & grants
- ~$130M
- Latest
- ~$58.5MDebt · Dec 19, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Dec 19, 2025 | Debt | ~$58.5M | — | — | Commerzbank | Confirmed |
| Dec 18, 2025 | Convertible | ~$164M | — | — | — | Confirmed |
| Dec 18, 2025 | Debt | ~$58.5M | — | Commerzbank | — | Confirmed |
| Mar 23, 2023 | Grant | ~$12.8M | — | — | Centre for the Development of Industrial Technology (CDTI), Centro para el Desarrollo Tecnológico e Industrial | Reported |
| Feb 9, 2022 | Seed | $29.0M | — | — | ACE & Company, Cathexis Ventures, Conny & Co., Liquid 2 Ventures, One Way Ventures, Quiet Capital | Reported |
| 2025 | Undisclosed | Undisclosed | — | — | Mountain Alliance AG | Reported |
- ~$58.5MDec 19, 2025
- ConvertibleConfirmed~$164MDec 18, 2025
- ~$58.5MDec 18, 2025
- Grant~$12.8MMar 23, 2023
- SeedWith ACE & Company, Cathexis Ventures, Conny & Co., Liquid 2 Ventures, One Way Ventures, Quiet Capital$29.0MFeb 9, 2022
- UndisclosedWith Mountain Alliance AGUndisclosed2025
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems4
Newest unveiled first. Open a system for its milestone timeline, components and sources.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Air and missile defense | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Described as a European defense manufacturer of interceptors, cruise systems and deep strike missiles for armed forces. | Reported |
| Strike and munitions | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Described as a European defense manufacturer of interceptors, cruise systems and deep strike missiles for armed forces. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Described as a European defense manufacturer of interceptors, cruise systems and deep strike missiles for armed forces.—Reported
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Described as a European defense manufacturer of interceptors, cruise systems and deep strike missiles for armed forces.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People1
| Person | Role |
|---|---|
| Tim Moser | Co-founder and CTO |
Sources17
Show all 17 sources and supporting evidence
Profile5
- 1
PitchBook · Supports Organization · employee range, Organization · founded year
“employee_range: 501-1000 (profile: 800)”
- 2
Defence Finance Monitor · Supports Organization · name
“Destinus, a Swiss-founded aerospace start-up, is developing unmanned “hyperplanes” powered by liquid hydrogen fuel – futuristic aircraft aiming to carry”
- 3
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Netherlands", "hq_iso2": "NL", "id": "15817905-945a-4f17-8180-413667ab3364"}”
- 4
Crunchbase · Supports Organization · employee range, Organization · hq city
“employee_range: 501-1000 (profile: 501-1000)”
- 5CompanyDestinus – Home
Destinus · Supports Organization · description, Organization · name, Organization · website
“Destinus is a European defense manufacturer with a particular focus on scalable strike and air defence systems for European and allied armed forces. Interceptors, cruise systems, deep strike missiles for layered defence.”
Systems4
- 6CompanyDestinus – Hornet Block 1
Destinus · Supports System
“Hornet Block 1 #### Subsonic threat interceptor system # Radar-cued interceptor for subsonic threats with autonomous terminal interception - Initial radar guidance, AI-assisted terminal seeker - Operates in GNSS-denied environments - Reversing cost asymmetry”
- 7CompanyDestinus – Hornet
Destinus · Supports System
“Hornet Block 2 #### Dual-role interceptor & precision strike system # Dual-role system: interceptor & controlled precision strike on a single platform - For subsonic aerial threats, and maritime and ground targets - AI-coordinated swarm operations, dynamic target allocation - Multi-domain, mobile canister-launched, all-weather”
- 8CompanyDestinus – Kryla
Destinus · Supports System
“Kryla #### One-way effector # Distributed saturation strike system with coordinated multi-effector engagement - Mass strike and saturation capability - Networked / cooperative effect - Palletised airdrop or booster-assisted canister launch”
- 9CompanyDestinus – Ruta
Destinus · Supports System
“Ruta Block 2 #### Long-range cruise strike system # Long-range precision strike against hardened and high-value military targets - Superior cost / range / payload performance - Canister-launched for enhanced mobility and rapid deployment - GNSS-denied and EW-contested environment operation”
Funding7
- 10
Mountain Alliance AG / EQS-News · Apr 15, 2026 · Supports Funding round
“has finalised its first investment in the defence tech sector and announces that the investment, previously communicated in November 2025, is in Destinus Group B.V.”
- 11CompanyDestinus – News
Destinus · Dec 19, 2025 · Supports Funding round · amount
“Destinus secures €50 million commercial bank facility from Commerzbank, bringing total capital raised to nearly €400 million”
- 12
Destinus · Dec 18, 2025 · Supports Funding round · amount, Organization · ownership
“complements €140 million in recently completed convertible instruments and shareholder loans”
- 13
PRWeb / PRNewswire-PRWeb · Mar 23, 2023 · Supports Funding round · amount
“The project has funding of 12M€ and forms part of the Spanish Aeronautical Technology Plan managed by CDTI”
- 14
ExecutiveBiz · Feb 9, 2022 · Supports Funding round · amount
“Destinus has raised $29 million in seed funding to further develop its hypersonic aircraft”
- 15
Destinus (Medium) · Feb 9, 2022 · Supports Funding round · amount
“Vaud, Switzerland — (Feb 09, 2022) — Destinus SA, whose mission is to build near-space vehicles and infrastructure to power the world’s fastest and cleanest transportation network, announces the closing of a seed round of 26.8 million Swiss francs ($29 million).”
- 16
Startupticker.ch · Feb 9, 2022 · Supports Funding round · amount
“has closed 26.8 million Swiss francs seed round”
People1
- 17
Destinus · Supports Role
“Tim Moser, Co-founder and CTO of Destinus, commented:”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.