Destinus

Destinus was founded in March 2021 in Payerne, Switzerland, by Mikhail Kokorich, its CEO, and decided in November 2024 to move its headquarters to the Netherlands; its Swiss team in Payerne still works on engines, electronics and software. Destinus develops and manufactures cruise missiles, guided rockets, interceptors and the turbojet engines that power them, and sells them to European and allied armed forces. Its products include the Ruta cruise missile family, the Kryla compact cruise missile and the Hornet interceptor. In April 2026 it said it was producing more than 2,000 cruise missile systems a year, and in June 2026 it completed its 1,000th T150 turbojet. It bought Aerialtronics in March 2025, Daedalean in August 2025 and Perciv AI in October 2026. In December 2025 Destinus said it had raised nearly €400 million, including more than €200 million of equity, €140 million of convertible instruments and shareholder loans, and a €50 million Commerzbank facility, and that it employed 750 engineers and specialists across Europe.