Karl Rosander, CEO and founder of Nordic Air Defence, states, "This investment will accelerate Nordic Air Defence's development as a business in terms of development and staffing, and help bring the Kreuger 100 to the market faster. Great news for Nordic Air Defence, but also for those who appreciate that a new kind of European defence tech ecosystem needs to be kickstarted. Europe has, for too long, proved reliant on US support."
Karl Rosander adds, "In the weeks since we emerged from stealth mode, the enthusiasm for our product has allowed us to close a strategic round and secure the support of a group of world-class innovators and sector experts: a significant achievement for a company at our early stage."
This funding round, led by Norway's SNÖ Ventures, marks a significant milestone for Nordic Air Defence, allowing them to fast-track their R&D and airborne testing initiatives ahead of their upcoming seed round.
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