Destinus is a European aerospace and defense company founded in 2021 in Payerne, Switzerland by Russian-born serial entrepreneur Mikhail Kokorich, with operations expanding to Hengelo, Netherlands. The near-term product portfolio is dual-use UAVs — Hornet, LORD, and the Mach 0.8 RUTA strike/loiter platform — already selling to European defense agencies and Ukraine, while Destinus Energy (the rebranded OPRA acquisition) sells industrial gas turbines to utilities and data centers. Revenue reached roughly $70M in 2024, up 289% YoY. In April 2026 Destinus announced a joint venture with Rheinmetall targeting €1B in missile-systems programs, and Bloomberg reported the company is raising up to €200M at a ~€5B valuation ahead of a planned Amsterdam IPO. Total capital raised approaches €400M across equity, convertibles, and a December 2025 €50M Commerzbank facility.

Company Profile

Founders & Key People

Investors

Products

• Hornet (modular dual-use ISR / counter-drone UAV)
• LORD (low-cost long-range multi-mission UAV)
• RUTA (Mach 0.8 strike/loiter UAV, ~500km range)
• Destinus Energy (OPRA OP16 industrial gas turbines)
• Destinus 3 (hydrogen-powered supersonic demonstrator)
• Destinus S (hypersonic passenger concept, Paris-NY in 90 min)

Competitors

DefenseAerospaceHypersonicsUAVsHydrogenDual-UseEuropean Defense

Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.