Alpine Eagle raises €10.25 million in seed funding to enhance its counter-drone technology amidst rising global demand for defense solutions.
Target Information
Alpine Eagle, founded in 2023 and headquartered in Munich, is an innovative European defense technology startup focused on developing advanced counter-drone solutions. The company's flagship product, the Sentinel Counter-UAS System, utilizes cutting-edge software that incorporates machine learning and advanced sensors to detect, classify, and neutralize hostile drones. With a customer base that includes the German military (Bundeswehr) and various government agencies, Alpine Eagle is positioned to address the escalating threats posed by drone warfare.
Under the leadership of CEO Jan-Hendrik Boelens, a former chief engineer at Airbus, and Director Timo Breuer, who has a background at Microsoft Research and the Fraunhofer Gesellschaft, Alpine Eagle has made significant strides within its first year, achieving notable revenue growth and securing pivotal partnerships aimed at enhancing national security.
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Industry Overview
The global defense drone market has experienced considerable growth, driven by emerging conflicts and heightened military operations, notably reflected in the ongoing Ukraine war. Projected to soar from $21.8 billion in 2024 to $56.69 billion by 2033, this market is
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Disclosed details
Transaction Size: $10M