Defense UAVs, hydrogen-powered hypersonic aircraft concepts, and industrial gas turbines
Space / Defense📍 Lausanne, SwitzerlandFounded 2021
Current Valuation
$1.5B
as of 2025-Q2
UNICORN
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 08/23/2026; 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.
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.
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
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 2026-08-19. Re-checked weekly.
Talent Signal
Hiring trend
▶ Hiring steady
25% of roles posted in last 30d
Open roles
147
via workable
Product-build share
55%
engineering, research, product, design
Trajectory
steady
product-led hiring — 55% 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 TechnicianAvionics & Electrical EngineerAvionics Hardware EngineerChief Engineer
Counted from Destinus's live job board as of 2026-08-17; 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.