The NATO Innovation Fund (NIF) has co-led a EUR30 million all-European Series A financing round to back TYTAN Technologies alongside Armira, with Visionaries Club, OTB Ventures, Lakestar, Magnetic, D3 and 10x Group.
TYTAN is developing a new generation of AI-guided, low-cost interceptor drones, paired with a software-defined integration layer that connects directly into existing radar and command-and-control systems, according to a NIF press release. At the core of the system are TYTAN’s interceptor drones. These are medium-range interceptors designed specifically for NATO Class I and II unmanned aerial threats, including Shahed-type drones. They can engage targets at large ranges, at speeds sufficient to intercept Shaheds, while maintaining an affordable unit cost, making it economically viable to defend against mass drone attacks.
The financing will enable TYTAN to scale its manufacturing footprint across Germany, Ukraine and Allied markets, accelerate development of its AI-powered interceptor systems, and advance integration into all layers of air defence – including next-generation missile-based systems. According to the NIF fund press release: “With confirmed orders from Ukraine and growing demand across Northern and Eastern Europe, TYTAN is scaling its manufacturing footprint and strengthening supply chain partnerships with European SMEs and defence primes, including Hensoldt, KNDS, Deutz, and Dedrone. TYTAN’s air defence technology addresses an urgent capability gap for Ukraine and Allies alike, enabling them to defend their airspace, military bases and critical infrastructure against drone incursions cost-efficiently and at scale. NIF is proud to partner with the TYTAN team to defend the airspace across the NATO Alliance.
“Since its founding in 2023, TYTAN has operated actively in Ukraine and secured multiple government contracts, including procurement agreements to deliver thousands of METIS interceptor drones to its armed forces. In Germany, TYTAN has been commissioned by The Federal Office for Equipment, Information Technology and In-Service Support of the Bundeswehr (BAAINBw) to supply AI-based command-and-control infrastructure and effector systems for the protection of military installations.
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(Image: NIF)