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KrattWorks

AI-enabled GPS-denied ISR drones for defense and security forces
Space / Defense 📍 Tallinn, Estonia Founded 2017
Current Valuation
Private
PRIVATE
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
$22M (2025)
Growth
~2,953% YoY
IPO Status
private

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.