Back to list

KrattWorks

AI-enabled GPS-denied ISR drones for defense and security forces
Space / Defense 📍 Tallinn, Estonia Founded 2017
Current Valuation
Private
PRIVATE

IPO Outlookprivate

Is KrattWorks going public?
No. KrattWorks is private and has not filed to go public. There is no S-1 on file.
What is KrattWorks' valuation in 2026?
No confirmed valuation is on record for KrattWorks. The roster shows funding and investors where they are public; it does not estimate a mark.
Has KrattWorks filed an S-1?
No public S-1 is on file for KrattWorks.
Who are KrattWorks' investors?
KrattWorks' investors include Estonian Defence Forces (contracts), European Defence Fund grants.
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.
KrattWorks is an Estonian defense-technology company building AI-enabled drones designed to operate in GPS-denied, electronic-warfare environments — particularly relevant in the Ukraine theater and along NATO's eastern flank. Sacra estimates the company generated $22.2M in revenue in 2025, up roughly 2,953% from $728K in 2024, on the back of a 7-year, €15M Estonian Defence Forces contract for aerial target drones and broader European demand for ISR platforms.

Company Profile

CEO
Martin Karmin
Founded
2017
HQ
Tallinn, Estonia
Employees
~80
Est. Revenue
$22.2M (2025)
Growth
~2,953% YoY
IPO Status
private

Fundraising Status

Growth equity · 1y 7mo ago
private

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Growth equityJan 2025

Vertical Intelligence — Defense / Aerospace

No name-verified federal prime awards for KrattWorks 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

No public careers page or job board could be found for KrattWorks as of 2026-08-17. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.

Founders & Key People

Martin KarminMart Noorma

Investors

Estonian Defence Forces (contracts) · European Defence Fund grants

Products

  • ISR reconnaissance drones
  • Aerial target drones
  • GPS-denied navigation systems
  • Autonomous mission software

Competitors

Anduril · Skydio · Quantum-Systems · Threod Systems · Helsing
DefenseDronesISREstoniaHypergrowth
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.