PDKINEMATICS Raises €2M Seed to Scale Ukraine-Deployed Precision Guidance Systems Across NATO

PDKINEMATICS, a Lithuanian defence engineering company, announced the close of a €2 million seed round co-led by Coinvest Capital, Lithuania's sovereign investment fund, and Iron Wolf Capital, one of the most active defence investors in Europe. The round also includes defence-focused angels and experienced founders from technology and high-growth industries. The capital will be used to scale manufacturing and expand deployments of the company’s precision guidance systems for unmanned aerial vehicles (UAVs) across Europe and Ukraine.

Modern drone warfare is at an inflection point. NATO allies are rapidly scaling drone capabilities as the foundation of their military posture, and the EU has launched the European Drone Defence Initiative as a strategic flagship under the Defence Readiness Roadmap 2030. Five European allies have already agreed to jointly develop UAV-based strike capabilities drawing on Ukrainian battlefield experience. Without precision guidance systems, however, their combat potential remains limited.

PDKINEMATICS was purpose-built to develop, deliver and scale precision guidance capability at the speed and cost that modern drone warfare demands, bridging battlefield-validated technology into NATO defence supply chains. The portfolio includes both end products and enabling technologies for precision guidance and strike systems, serving UAV manufacturers, defence integrators, and European armed forces.

Rapolas Markevičius, CEO and Co-Founder of PDKINEMATICS, said: "We started working on precision guidance for UAVs because the battlefield was demanding something that did not exist: precision at altitude, at the cost and form factor of a mass-produced drone munition. The most capable guidance science in history was developed for large aircraft and expensive programmes that only superpowers could afford. We are rebuilding it for the platforms that actually dominate today's battlefield, applying modern R&D on top of those proven guidance principles and packing them into manufacturable, deployable systems for modern UAV warfare. With this comes scale, deployment speed and cost-to-effect advantages for operators at significantly lower size and cost thresholds."

The company built significant operational momentum ahead of the seed round. It has already signed a strategic partnership with Bavovna.ai, one of Ukraine's largest bomber-class UAV manufacturers. PDKINEMATICS’ systems are now integrated into Bavovna’s platforms and deployed in battlefield conditions. This has created a framework for the system’s deployment across Ukraine and NATO, with pilot milestones already completed on both sides. Beyond Ukraine, the company has partnered with SiraLab, an Italian UAV manufacturer, as part of its European go-to-market. PDKINEMATICS’ systems were also selected for Iron Wolf 2026, Lithuania's largest international military exercises, validating its performance in a NATO-standard operational context.

Viktorija Trimbel, Managing Director of Coinvest Capital, co-founder and board member of Defence Angels European Network, said: "Precision guidance is becoming the foundational capability of modern drone warfare, and PDKINEMATICS is building it at the cost and speed the market demands. This company was first brought to our attention by experienced defence angels in our network. Together with the Lithuanian Riflemen's Union we invited the team to The Flaming Shield to stress-test the solution and gather direct feedback from military end-users. That is when we started putting the deal together. This is exactly the kind of company the Baltic defence ecosystem needs to be producing: deep technology, battle-validated, and with a clear path to NATO-scale deployment. We are proud to see a fellow defence-focused fund joining the round, and proud to back a team providing such an important contribution to Europe's defence directly from Vilnius.”

Žygimantas Susnys, Founding Partner of Iron Wolf Capital, said: "Precision-guided systems are the future of modern warfare. The PDKINEMATICS team combines entrepreneurial drive with deep engineering talent and moves at the speed this moment demands. They have earned credibility in Ukraine, and we believe it positions them to become a defining defence technology company for NATO allies."

Gannet, the company’s flagship product, is a low-SWaP-C (size, weight, power, cost) precision-guidance system for UAVs that enables operators to fly up to 700 metres, up to six times higher than with unguided munitions, without sacrificing accuracy. In Ukraine alone, approximately 300,000 drone-deployed munitions are dropped monthly, almost all unguided. On top of this, the Gannet system is jam-resistant, platform-agnostic, capable of operating in challenging weather, and designed to integrate across diverse UAV types in under four weeks from handshake to first flight.

Alongside Gannet, PDKINEMATICS is developing a portfolio of proprietary engineered components for integration by UAV manufacturers: a proximity fuse for armoured-target engagement to be integrated into loitering munitions and interceptors, and a suite of counter-EW components. Looking ahead, the company aims to become a main precision guidance technology provider for NATO-aligned UAV manufacturers, bridging battlefield-validated technology from Ukraine into European defence supply chains. A NATO member state naval deployment is already in the pipeline, marking the first naval application of the system and a landmark for Baltic defence technology.

About Coinvest Capital

Coinvest Capital is an early-stage venture capital fund established by the national development bank ILTE, which invests public funds entrusted to the fund by the EU and the Republic of Lithuania, together with private investors, in promising European startups that create value for Lithuania. Since its inception, the Fund, together with its partners, has invested in 53 startups and exited 8 investments. The total venture capital invested alongside private partners exceeds €72.3 million, of which €29.4 million is Coinvest Capital’s share. Alongside the Fund, private investors have invested €14 million under a profit-sharing model and €28.9 million under a pari-passu model without profit sharing.

The fund offers a globally unique profit-sharing program, capping its return on investment at 4 to 8 percent per year. In the event of a successful investment exit, the fund allocates any profits exceeding this cap to accredited private co-investors. Of the €56.8 million in committed capital entrusted to the fund, the amount of capital available for new investments following this transaction stands at €21.2 million.

About Iron Wolf Capital

Iron Wolf Capital is a leading European venture capital fund that invests in startups from the Baltic Sea region and Ukraine with global ambitions, developing cutting-edge innovations in deep tech, artificial intelligence, as well as defense, security, and resilience. The fund is one of the most active investors in defense technology in Europe, focusing on founders with a clear mission who are developing next-generation technologies in areas such as cybersecurity, space technology, photonics, and autonomous systems.

About PDKINEMATICS

PDKINEMATICS is a precision guidance systems company developing engineering solutions for the UAV era. Its technology is validated in active conflict and designed for NATO defence supply chains, as well as platforms serving UAV manufacturers, defence integrators, and European armed forces.

The company grew out of a response to Russia's full-scale invasion of Ukraine in February 2022, when private equity expert Rapolas Markevičius and aerospace engineer Simonas Stasevičius began developing precision-guided munitions for UAVs. Dominykas Rinkevičius joined as co-founder and head of engineering in 2025.

For more information, visit PDKINEMATICS.com