Defense UAVs, hydrogen-powered hypersonic aircraft concepts, and industrial gas turbines
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.
Space / Defense📍 Lausanne, SwitzerlandFounded 2021
Current Valuation
$1.5B
as of 2025-Q2
UNICORN
QL Price
$1.5B
0% vs last round
QuantLogix's current estimate for Destinus, published 2026-10-07 — in line with the last disclosed round of $1.5B (2025-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$1.5B
2025-Q2
weight 0.41
How this price has held up
No round has priced for Destinus since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Destinus, 2026-10-07 (db6b4ef84f50f382).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookrumored
Is Destinus going public in 2027?
An IPO is rumored for 2027, with nothing filed. Destinus remains private and the date is not the company's.
What is Destinus' valuation in 2026?
Destinus is valued at $1.5B as of 2025-Q2, set by its Debt facility (Commerzbank) ($55M, Dec 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Destinus filed an S-1?
No public S-1 is on file for Destinus as of 10/07/2026; the IPO is rumored.
Who are Destinus' investors?
Destinus' investors include Conny & Co., Quiet Capital, One Way Ventures, Liquid2 Ventures, Cathexis Ventures, ACE & Company and 1 more.
How much has Destinus raised?
Destinus has raised $400M in total, most recently a Debt facility (Commerzbank) of $55M in Dec 2025.
Is Destinus publicly traded — can you buy Destinus stock?
No. Destinus is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Destinus on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Mikhail Kokorich
Founded
2021
HQ
Lausanne, Switzerland
Employees
~600
Total Raised
$400M
Est. Revenue
$70M (2024)
Growth
~289% YoY in 2024 ($18M → $70M); Rheinmetall JV targets €1B in missile-systems programs; raising up to €200M ahead of an Amsterdam IPO
No name-verified federal prime awards for Destinus in the last 36 months on USASpending.gov — revenue may be classified, flow through subcontracts, or be non-US. Absence of a registry match is reported as-is.
Checked usaspending.gov as of 2026-10-04. Re-checked weekly.
Talent Signal
Hiring trend
▶ Hiring steady
-3% vs 2026-08
Open roles
142
via workable
Product-build share
56%
engineering, research, product, design
Trajectory
steady
product-led hiring — 56% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Analog Electronics EngineerAnalog Electronics EngineerAssembly & Test TechnicianAutomation EngineerAvionics & Electrical EngineerAvionics & Electrical Engineer
Counted from Destinus's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Mikhail Kokorich
Investors
Conny & Co. · Quiet Capital · One Way Ventures · Liquid2 Ventures · Cathexis Ventures · ACE & Company · Commerzbank AG (debt)
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)
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.